UOB Asset Management (M) Bhd chief investment officer Francis Eng (pic) said the economy has seen the worst impact of the Covid-19 pandemic and the commencement of the vaccination programme has put the economy on the path to normalcy.
PETALING JAYA: Malaysian corporations are expected to see a rebound in earnings, especially in the second half of the year as the national vaccination programme intensifies.
Fund managers expect the corporate earnings recovery to be supported by a broad base of industries including banking, consumers, manufacturers, oil and gas (O&G) as well as logistics due the pent-up demand with the opening of more economies.
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