Economists: RMCO shift lifts business, consumer confidence

Economists: RMCO shift lifts business, consumer confidence

New Straits Times·2020-12-07 10:04

KUALA LUMPUR: The economy will regain momentum following the decision by the government to end the Conditional Movement Control Order (CMCO) in almost all parts of the country.

Economists believe that the government's move to revert to the Recovery MCO in all states and the Federal Territories, except for Kuala Lumpur, Selangor and Sabah, will help the country avoid further income losses and unemployment.

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