New Covid-19 wave worries weigh on economic outlook

It’s a struggle: Six hospitals that allocated beds at ICUs and critical treatment centres for Covid-19 patients have already hit the alert threshold. — Photo from Dr Noor Hisham’s Facebook page

KUALA LUMPUR: Worries about a possible new Covid-19 pandemic wave is weighing on Malaysia’s economic outlook but some hope any new restriction order can spare the bulk of economic activities.

OCBC Bank economist Wellian Wiranto (pic, below) said on Monday after the apparent success in taming down the “3rd Wave” early this year, the country is facing a potential surge yet again.