PETALING JAYA: The economy is facing “withdrawal syndrome”, a local brokerage has cautioned, with many stimulus measures coming to an end and Bank Negara moving away from its loose monetary policy.
The risk of Malaysia’s credit ratings being downgraded has greatly diminished, following S&P Global Ratings’ upgrade of the country’s ratings to stable from negative last Monday (June 27), according to Maybank Investment Banking Group chief economist Suhaimi Ilias.
KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) is estimating 100 basis point (bps) increase in the Overnight Policy Rate (OPR) for the period between the second half (H2) of 2022 and the first half of next year (H1 2023).
BSP rate hike likely in Q4, says Maybank philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) has maintained its gross domestic product (GDP) growth target for Malaysia at 6.0 per cent for 2022, despite the damage caused by the floods.