Malaysia may see an economic slowdown as exports fall on poorer demand or lower prices. The environment ahead is seen as increasingly uncertain and challenging, as indicated by the weakening sovereign creditworthiness in Europe and the lowering of the issuer’s crediting rating on the US, said Standard & Poor’s Rating Services yesterday.
• “The experience of the global financial crisis of 2008/09 shows that export-dependent economies with large exposures to the US and/or Europe would feel the most pronounced economic impacts.
• Malaysia, along with Thailand, Taiwan, South Korea, the Philippines, Japan, Australia and New Zealand are likely to experience “export-driven slowdowns”, it said. (Financial Daily)
• “The experience of the global financial crisis of 2008/09 shows that export-dependent economies with large exposures to the US and/or Europe would feel the most pronounced economic impacts.
• Malaysia, along with Thailand, Taiwan, South Korea, the Philippines, Japan, Australia and New Zealand are likely to experience “export-driven slowdowns”, it said. (Financial Daily)
No comments:
Post a Comment