The impact from the virus outbreak will be quoted as a reason for pre-emptive cuts some time ahead, said Inter-Pacific Securities head of research Pong Teng Siew(inset pic). “These stimulus measures have apparently not reached the limits of what they can do. They will test them until these measures lose their effectiveness.’’
ECONOMIC stimulus is the buzzword now as the impact from the coronavirus epidemic shows no sign of abating but threatens to damage intricate supply chains and possibly cause an economic crisis.
This comes fresh on the heels of a slew of stimulus measures to fight business uncertainty, the contraction in global trade and hit to investment caused by the trade war.
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