Clearer picture on the horizon

Maybank Kim Eng macro research regional co-head Suhaimi Ilias said the government would likely table an expansionary budget later this year.

PETALING JAYA: The economy is poised for a rebound by the fourth quarter of this year, supported by higher vaccination rates, better control of the pandemic and improved political clarity.

The third quarter is expected to remain difficult and will continue to weigh on the stock market, as a high level of Covid-19 cases affects the economy, according to Maybank Kim Eng equity research regional head Anand Pathmakanthan.