Commodity prices wil continue to pressure Malaysia


According to Fitch, the budget

PETALING JAYA: Weak commodity prices will continue to put pressure on Malaysia’s fiscal and broader economic outlook next year, said Fitch Ratings.

According to the international rating agency, some of the detailed assumptions for the country’s Budget 2016 looked optimistic, hence, could potentially pose some downside risk to the Government’s projections.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Bahvest proposes name change to Aumas Resources
Strong 3Q GDP puts Malaysia on track for 4.8 -5.3% growth in 2024
Cypark's floating solar farm in Kelantan approved for operations
Ringgit stages rebound to close firmer vs US dollar
Betamek posts 84.5% profit jump in 2Q25, remains optimistic for FY25
Mudajaya wins RM41.34mil construction contract in Kuching
Sunmow enters joint venture to develop 157-acre land in Kinabatangan, Sabah
Sime Darby unveils new brand identity
Bursa Malaysia faces selling pressure, FBM KLCI ends below 1,600
Oil set for weekly loss on uncertainty around Fed rate cuts, China demand fears

Others Also Read