BFM 89.9

Podcast  >  Morning Run  >  Morning Brief  >  Fitch Downgrade Highlights Budget 2021 Not Enough?

Fitch Downgrade Highlights Budget 2021 Not Enough?

Dr Ong Kian Ming, MP for Bangi and former Deputy Minister of International Trade

11-Dec-20 07:47

Fitch Downgrade Highlights Budget 2021 Not Enough?

Last week, Fitch Ratings downgraded Malaysia's sovereign rating from A- to BBB+ with a stable outlook, a move which shocked many who expected the rating agency to take a more lenient stance in light of the global pandemic. The result? It may be more costly now for Malaysia to borrow funds. Having spoken to both Fitch Ratings and the Finance Ministry, we now reach out for a third view, speaking with Dr Ong Kian Ming, Bangi MP and former Deputy Minister of International Trade, for his take on the matter.

Image Credit: 4kclips / Shutterstock.com

Produced by: Sim Wie Boon

Presented by: Wong Shou Ning


Download the BFM mobile app. Stay at home and stay up-to-date.

Tags:  fitchratingscovid-19economybudget 2021stimulusGovernment/Regulatory/Policy MakingEconomy, MarketsPolitics, News, Current AffairsEnvironmentSciencePoliticsSocial IssuesTrends and ForecastsMarketslaw & legal mattersInvestmentsPersonal DevelopmentBusiness Analysis


Business
Money
Life

Share this podcast




Play / Pause

Listen now : The Breakfast Grille: James Leong, Managing Director, TK Elevator Malaysia

Today’s Shows



6:00 AM

The 6AM Stretch

8:05 AM

The Breakfast Grille

James Leong, Managing Director, TK Elevator Malaysia

9:35 AM

The Property Show

10:05 AM

Open For Business

Ivan Seah, Co-Founder of Load2Go

11:05 AM

Tech Talk

MSP with Matt Armitage

12:00 PM

Enterprise Biz Bytes

1:00 PM

The Breakfast Grille Repeat

James Leong, Managing Director, TK Elevator Malaysia

2:05 PM

Live & Learn

Stay Home & Watch: Weekend Watch with FreedomFilmFest

3:05 PM

Good Things

tbc; tbc

4:05 PM

Health and Living

Doctor in the House: COVID-19 Jabs for 5-11 Year-Olds

5:05 PM

The Evening Edition

5:35 PM

Today On Twitter

6:05 PM

Inside Story

7:05 PM

The Evening Edition

8:05 PM

On The Ball

9:00 PM

A Bit of Culture

10:00 PM

Track By Track