Chief Asia-Pacific economist Dr Steve Cochrane said the MCO, which is currently being implemented in key economic areas, namely Selangor, Kuala Lumpur, Penang, and Johor, accounted for 60% of Malaysia’s economy.
KUALA LUMPUR: The second movement control order (MCO2.0) in key states with bustling economic activities will pose an impact on Malaysia’s economic growth this year, according to financial intelligence company Moody’s Analytics.
Chief Asia-Pacific economist Dr Steve Cochrane said the MCO, which is currently being implemented in key economic areas, namely Selangor, Kuala Lumpur, Penang, and Johor, accounted for 60% of Malaysia’s economy.
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