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Article: Support for Asian rating agency proposal
- Article from:
- New Straits Times
- Article date:
- June 11, 2009
- Author:
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Shahriman Johari; Adeline Paul Raj; Chong Pooi Koon
New Straits Times
06-11-2009
Support for Asian rating agency proposal
Byline: Shahriman Johari; Adeline Paul Raj; Chong Pooi Koon
Edition: Main/Lifestyle
Section: Business Times
Type: News
THE idea for Asia to have its own international rating agency drew warm welcome from industry players who think that it could be worth pursuing.
Tan Sri Zarinah Anwar, chairman of the Securities Commission, said it could be done if Asian rating agencies band together to create a large international body.
"It is not impossible. It would be good for us (Asians) to have the skills," she said at a meeting with editors in Kuala Lumpur yesterday.
The idea was ...