S&P Ratings sees higher volatility in Malaysia's financial markets


On Monday, Tun Dr Mahathir Mohamad resigned as the prime minister but the King had appointed him as interim PM.

KUALA LUMPUR: Heightened political uncertainty due to the collapse of the Pakatan Harapan (PH) government is likely to give rise to higher volatility in Malaysia's financial markets and potentially spur some capital outflows, S&P Global Ratings said.

In its statement issued on Tuesday the rating agency said however, it did not yet believe there was a strong likelihood for major changes to medium-term factors such as fiscal and economic policies.

Save 30% and win Bosch appliances! More Info

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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

Oil down on tariff worry, supply-demand expectations
Wall Street slides, S&P 500 confirms correction
Lower earnings forecast for private hospitals in 1Q
MN Holdings on track to win more data centre jobs
IJM’s UK expansion to strengthen recurring income
Wawasan Dengkil’s IPO oversubscribed
Matrade chairman’s tenure extended another two years
Avangaad signs RM49mil deal
Kerjaya Prospek secures RM11mil Andaman job
New Zealand pitches itself as haven in ‘global storm’

Others Also Read