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3 Ps and 4 themes to drive Malaysian stocks: Maybank Kim Eng

Samantha Chiew
Samantha Chiew2/10/2021 6:31 AM GMT+08  • 7 min read
3 Ps and 4 themes to drive Malaysian stocks: Maybank Kim Eng
How will Malaysia fare in its second round of MCO?
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It will be a long while before Singaporeans are able to cross the border into Malaysia. The country extended its near-nationwide movement control order (MCO) to Feb 18, with even stricter restrictions amid rising Covid-19 infection rates despite fresh curbs which took effect on Jan 13.

While the second round of restrictions — dubbed “MCO 2.0” — is less stringent than the restrictions put in place last year, it is still expected to hit Malaysia’s economy hard. As at Jan 22, all states in the country except Sarawak have been placed under the MCO. New confirmed Covid-19 cases continues to surge, reaching a record high of 5,725 daily cases on Jan 29.

Malaysia’s Senior Minister for Security Ismail Sabri Yaakob said on Feb 2 the government decided on the extension after a meeting earlier in the day concluded that all states under MCO are showing rising cases.

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