CIMB Investment Bank regional rates and foreign exchange strategist Suresh Kumar Ramanathan says in an interview with BFM 89.9 that the 7.6% fiscal deficit arising from the RM60 billion stimulus package announced today will have no long-term significant impact. “From a macro perspective, it looks large, but in times such as these, every country is […]
Deputy Prime Minister and Finance Minister Datuk Seri Najib Razak
“Surprising” stimulus package
By BFM 89.9OSK Securities research head Chris Eng tells BFM 89.9 in an interview that the RM60 billion stimulus package announced was larger than expected, and had several surprising measures. Eng says the property and construction sectors will be the main beneficiary of the stimulus package, while the auto and plantation sectors will be smaller beneficiaries. The […]
Package “impressive and impactful”
By BFM 89.9MAYBANK Investment Bank head of equity research Vincent Khoo describes the RM60 billion stimulus package announced today as “impressive”, saying that the measures announced under the package would have an impact on several areas. In an interview with BFM 89.9, Khoo says banks would benefit indirectly because the expected increase in non-performing loans would be […]
