PETALING JAYA: The credit trend of the Asian corporate portfolio will remain broadly stable in 2022, supported by continued economic growth globally and in the region, a rebound in exports, and generally supportive monetary polices of the region’s central banks, according to Moody’s Investors Service.
Moody’s senior vice-president Clara Lau said that although the Russia-Ukraine military conflict has limited impact on Asia-Pacific companies in the near-term, the threat of supply chain disruptions and continued inflation would exacerbate supply-side cost pressures.