Judging from Bank Negara’s tone in its latest statement, OCBC Bank economist Wellian Wiranto (pic) said the central bank appeared to be sanguine on growth outlook.
PETALING JAYA: While the Malaysian economy will likely emerge stronger in 2021, Bank Negara has cautioned that economic activity in some industries may remain below pre-Covid-19 levels as the pace of recovery will be uneven across sectors.
As for the domestic labour market, recovery will likely be slower next year, according to the central bank.
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