Ping Chew
Ping Chew
budget deficit effort reduction
The budget should put the country's deficit reduction effort back on track.
budget commitment deficit dole fiscal giving india misses plan resolve spending target worry
There is always this worry that such a spending plan will widen the budget deficit. If India misses the deficit target again, it could dilute its commitment to fiscal consolidation. Giving dole doesn't resolve poverty.
banking broader conditions continuing credit economic improved interest oil prices rates region rising spite stable structural systems thanks
Most banking systems in the Asia-Pacific region have improved their credit profiles, thanks to stable economic conditions and continuing structural improvements. This is in spite of rising oil prices and interest rates threatening the broader economic recovery.
government guarantee notes proposed rating reflects
The 'A-' rating on the proposed notes reflects the direct, irrevocable, and unconditional guarantee by the government of Malaysia.
achieve continued economy fiscal further grade help india investment reforms trend
Further liberalization of the economy and infrastructure improvements will help India's trend growth. Such reforms coupled with continued fiscal consolidation will help India achieve investment grade over time.
add appreciation definitely further
This will definitely add to pressure, especially from lawmakers in the U.S. for further appreciation of the yuan.
factors global impact oil prices
The pass-through impact of the global oil prices is just one of the factors from the long-term perspective.
brings company credit emergence financial groups holding key latest major rating report services since thinking together
This report brings together our latest thinking on the key developments and credit outlooks of the major financial services sectors in Taiwan. This report also addresses the rating implications of the emergence of financial holding company (FHC) groups since late 2001.
banks decide difficult government quite role
The government has to decide what their role is. Are they going to be shareholders of the banks or are they going to be regulators? It is quite difficult to be both.
inflation interest lower necessary unlikely
It's probably one of the necessary conditions. If you don't have inflation falling, it's unlikely that authorities could lower the interest rate.
economy environment external fiscal policy position ratings reflect robust strong
The ratings reflect Taiwan's strong external position and robust economy in a challenging policy environment in which fiscal flexibility has weakened.
burden cause debt fiscal further ratings rise taiwan
The ratings on Taiwan could be lowered if further fiscal slippages cause the debt burden to rise markedly.
government question whether
The question is not whether the government can consolidate. The question is shouldn't the government consolidate faster?
consensus expecting inflation market
Already, the market consensus is for inflation to fall. We are expecting that too.