Measures needed to aid recovery

Glove factories have continued to operate under strict SOPs under the current lockdown as they are deemed essential services.

PETALING JAYA: The two-week extension of the lockdown, although deemed necessary to break the chain of Covid-19 infections, is expected to weigh down the already struggling economy and corporate earnings of some of the hardest-hit sectors.

With business and consumer sentiment taking a hit, only a comprehensive recovery strategy by the government, on top of additional stimulus measures, could jumpstart the economy.