‘MCO 2.0, emergency will not derail Malaysia’s 2021 rebound’

‘MCO 2.0, emergency will not derail Malaysia’s 2021 rebound’

The Borneo Post - Business·2021-01-20 06:03

KUCHING: Researchers with AmBank Bhd (AmBank Research) opine that the second movement control order (MCO 2.0) and state of emergency (SOE) declaredon January 11 and 12 respectively will not likely delay Malaysia’s economic recovery this year.

“While some dent could be expected on the immediate term, it is unlikely for the economy to report an extremely slower growth in 2021,” it said in a special report on the matter.

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