Financial Markets Association of Malaysia sees the FTSE Russell’s conclusion of the Fixed Income Country Classification review as a positive move. Malaysia is now removed from the market accessibility Watch List. This also confirms the country’s retention in the FTSE World Government Bond Index. It congratulates the Malaysian financial and capital markets for that matter. The […]
But the drawbacks remain a possible rise in the COVID-19 cases, that will slow the economic recovery and inflationary pressures.
Bank Negara says a slow recovery is expected after the economy contracted by 17.1% in the second quarter of 2020 (1Q 2020: 0.7%).