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MCO extension is an pragmatic approach
KUALA LUMPUR: As the Covid-19 pandemic spreads across the world creating new epicentres, Malaysia is taking a pragmatic approach in extending the movement control order (MCO) for another two weeks while relaxing certain regulations, says an analyst. Juwai IQI chief economist Shan Saeed said the government’s decision to extend the MCO while accommodating the need to…
Premature to predict economic outcome
KUALA LUMPUR: Political wrangling could add a burden to the country’s economy, economists said, as the stock exchange closed at its lowest point yesterday since late 2010. The experts believe the collapse of the Pakatan Harapan government could deter investors looking for stability at a time when the coronavirus outbreak and trade war between the United…