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Malaysia to face challenging year ahead with strong fundamentals, says RAM Ratings

Malaysia is far off from recession risk, but domestic political impasse and global headwinds will continue to pose downside risk to the health of the economy. Economist Intelligence Corporate Network’s director for Southeast Asia Sumana Rajarethnam said that in Malaysia, where the latest election produced a hung Parliament, a fiscally and policy-wise responsible government will be critical for continued growth of the country and to boost investors confidence.

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Moderation in activities seen

PETALING JAYA: The manufacturing sector, one of the key contributors to the domestic gross domestic product (GDP), is expected to face more headwinds that could dampen manufacturing activities going forward.

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Headwinds likely in 2H

Prices of commodities and production inputs rising

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RAM Ratings: Malaysian banks remain resilient in economic uncertainties

RAM Ratings: Malaysian banks remain resilient in economic uncertainties
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Malaysian banks remain resilient in economic uncertainties

KUALA LUMPUR: The Malaysian banking system could continue to deliver resilient performance in the coming year although global and domestic conditions have become more uncertain, according to RAM Ratings.

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