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Funding availability missing for South and Southeast Asian companies: S&P ANI | Updated: Apr 14, 2021 15:23 IST That is despite a broad-based recovery in GDP growth and profit growth for the corporate sector in the region, it said in a report. Optimism is returning to South and Southeast Asia. S&P Global Ratings recently estimated that GDP growth in India will reach 11 per cent for the year ended March 31, 2022 compared with an 8 per cent decline for the year ended March 31. Average GDP growth in Southeast Asia will reach 6.2 per cent in 2021 compared with a 4.3 per cent drop in 2020. S&P also projects a 5 to 15 per cent increase in EBITDA for rated companies in the region in 2021 over 2020, with profits growing year on year for nearly 90 per cent of them. ....
Funding availability missing for Southeast Asian companies southeastasiapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from southeastasiapost.com Daily Mail and Mail on Sunday newspapers.
Profits and credit quality of companies rated by S & P Global Ratings in India, China and Pacific are recovering about six months faster than the agency anticipated with reducing downside risk to ratings. Indonesian companies, on the other hand, are unlikely to recover until the second half of 2022, said the report titled Asia Pacific Corporate and Infrastructure Credit Outlook 2021 which covers entities in India, China, Japan, Indonesia, Australia and New Zealand. The report discusses the pace at which corporate sector in these countries is likely to recover from Covid-19 pandemic. It also includes a list of credit trends on the radar of S & P Global Ratings analysts in 2021, including demand recovery, funding conditions and financial discipline. ....
Credit markets in countries in Asia recovering says SP Global Ratings laosnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from laosnews.net Daily Mail and Mail on Sunday newspapers.
Pace of rating downgrades in Asia slowing sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.