KUALA LUMPUR: Prime Minister Tan Sri Muhyiddin Yassin’s announcement of a confidence vote in next month’s Parliament sitting could help reduce uncertainty among investors, especially on the country’s economic outlook.
Juwai IQI chief economist Shan Saeed said today’s announcement has given clearer signals on the political uncertainty in the country and may have given a morale boost to investors.
Meanwhile, Juwai IQI’s Shan said the economy would continue to move ahead despite uncertainty in the external environment and equity market turmoil in the advanced economies.
Read more: Astro Awani | The Sun | The Edge Markets
Source: Astro Awani | The Sun | The Edge Markets