Surviving another lockdown

IT is round two of the movement control order (MCO) for Malaysia, and this time it came with the emergency twist to give the government the necessary powers to fix ongoing issues amid the Covid-19 outbreak.

While Malaysia is not alone in this, a number of other countries have also gone into re-imposing lockdowns with emergency laws being invoked (see sidebar), the question is, what is the impact on the capital market, corporate earnings and business in general?