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Malaysia not spared

PETALING JAYA: The latest warning by one of the Big Three rating agencies on Asia’s weakening credit conditions has also brought Malaysia under the microscope, particularly the country’s corporate debt default risk. In a report, Moody’s Investors Service has warned that credit conditions in Asia would turn negative in 2020 as the region’s economic slowdown […]

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Thailand: Finance Ministry to unveil new aid package

The Finance Ministry is set to roll out a fresh stimulus package this quarter large enough to jump-start economic growth momentum, says Finance Minister Uttama Savanayana. The prospective measures will help bolster consumer confidence, the tourism sector and business operators, he said. The package will focus on giving money to consumers by lowering financial burdens, […]

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