Fitch maintains Malaysia’s sovereign credit rating at BBB+ with ‘stable’ outlook

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Fitch maintains Malaysia’s sovereign credit rating at BBB+ with ‘stable’ outlook - Malay Mail

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KUALA LUMPUR, June 27 — Fitch Ratings (Fitch) has maintained Malaysia’s sovereign credit ratings at BBB+ with a stable’...

Meanwhile, Fitch Asia-Pacific sovereigns head Thomas Rookmaaker said most countries in the Asia-Pacific region received stable rating outlooks, except for China, which received negative rating actions.“There is the continued property sector weakness in China, a possibility of delayed global monetary easing, and heightened geopolitical risk in Asia, particularly linked to US-China tensions, Taiwan and the South China Sea,” he said.

Chen noted although political stability has improved recently, political considerations may still have a role to play in long-term structural reforms or fiscal adjustments.