PETALING JAYA: SP Global Ratings has lowered its growth forecast for Malaysia to 3.2% in 2021 from 4.1% earlier.“ Strong international trade is providing a sizeable buffer for growth this year....
However, domestic demand is looking weaker....
“ As the pandemic drags on, balance sheets will deteriorate for households, small and midsize enterprises, banks, and the wider economy, leading to more medium-run economic scarring.” It expects policy settings across the region to remain steady, noting
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2021-08-20 00:00:00.0