[ad_1] KUALA LUMPUR: Malaysia’s resilient domestic demand and a larger development expenditure outlined in the second phase of the 12th Malaysia Plan “will underpin robust medium-term growth at 4-5 per…
Tag: Fitch Ratings
Fitch’s affirmation of Malaysia’s ratings reflects govt’s fiscal reform commitment — MoF
[ad_1] KUALA LUMPUR: Fitch Ratings’ (Fitch) affirmation of Malaysia’s sovereign credit ratings at BBB+ with a ‘stable’ outlook reflects the government’s commitment to fiscal reform and the country’s ability to…
Fitch raises India’s mid-term GDP forecast to 6.2%
[ad_1] Global credit ratings agency Fitch Ratings has raised India’s medium-term potential growth estimate by 70 basis points to 6.2%, up from its earlier forecast of 5.5%. “We have made…
Fitch raises India GDP forecast to 6.2% for FY24
[ad_1] Notably, the International Monetary Fund (IMF) has also said India will emerge as the world’s third-largest economy by 2027, hopping over Japan and Germany, as its GDP crosses $5…
Indian banks operating environment stronger but structural issues continue
[ad_1] Chennai (Tamil Nadu) The operating environment (OE) for Indian banks has strengthened as economic risks associated with the Covid-19 pandemic have ebbed, Fitch Ratings said in a…
A renewable energy pause, surprising job numbers and Canada’s cybercrime problem: Must-read business and investing stories
[ad_1] Open this photo in gallery: Canada’s unemployment rate rose to 5.5 per cent in July, Statistics Canada reported Friday.Christinne Muschi/The Canadian Press Getting caught up on a week that…
Opinion: IMF deputy chief wants governments to get fiscal houses in order as high interest rates loom
[ad_1] Open this photo in gallery: International Monetary Fund (IMF) first deputy managing director Gita Gopinath participates in a panel at the 2023 Spring Meetings of the World Bank Group…
Fitch downgrades France’s credit rating, blames political risks and government debt
[ad_1] Fitch Ratings on Friday downgraded France’s debt worthiness to “AA-” from “AA”, claiming the political deadlock and social movements posed a threat to President Emmanuel Macron’s reform policies which…
Indian corporates may see 10%-12% capex growth in FY24, says Fitch
[ad_1] Fitch Ratings on Tuesday said India’s structural demand visibility, supply-side measures and healthier corporate, bank balance sheets are likely to push capex up for the corporate sector over the…