PETALING JAYA: The extension of the movement control order (MCO) to May 12 will give rise to serious economic consequences.
Apart from the economy losing RM2.4bil for each day of the MCO, analysts initially assumed a third quarter return to normalcy but most are now cutting their earnings forecast.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!