Assessing Petronas' Credit Downgrade
Chris Eng, Head of Research, Etiqa Insurance and Takaful
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Petronas recently had its credit ratings downgraded by Fitch Ratings. Lower dividends are also expected at RM16 billion in 2016, down from the RM26 billion paid to the government in 2015. Chris Eng of Etiqa Insurance & Takaful weighs in on the rating adjustment and outlook for the automotive sector.
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