Malaysia Investors warned to mind the ratings gap

As part of Malaysia's ongoing effort to promote itself as a financial hub for the region, the country's central bank, Bank Negara Malaysia, late last year threw open the doors on its local bond markets, allowing foreign firms to access funds in its relatively low interest rate environment.

It didn't have to wait long.

First came Gulf Investment Corporation, which managed to raise RM1 billion ($305,000) in Malaysian ringgit bonds in January. Then came the Export Import Bank of Korea (Kexim), a stat

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