M’sia is caught in a perfect storm


Malaysia market performance

THE political stalemate in the country will undoubtedly leave scars so deep among the investment community that it would take years to heal.

The world is reeling from the Covid-19 epidemic that is expected to shave global economic growth by between 0.5% and 1%. The virus has now spread to Europe, the United States and the Middle East.

The US markets, which have had a 11-year bull run, are on correction mode after having declined 12% within a space of one week due to the outbreak.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Property segment set for solid expansion
BLand in proposed name change
Vestland terminates three jobs worth RM551mil
Uneven gains forecast from global chip upcycle
Strong year on the cards for consumer sector
Affin Bank set to shine on structural changes, digital platforms
BMW launches first locally assembled EV
Positive view on TM’s plan to lower staffing costs
REITs expected to outperform this year
SCIB shareholders approve rights issue at EGM

Others Also Read