Possible Covid-19 resurgence to cause less severe impact to manufacturing sector

KUALA LUMPUR: The possible resurgence of COVID-19 infections continues to pose a downside risk to Malaysia’s trade-oriented manufacturers and export outlook, though the impact would be less severe and short-lived.

Kenanga Research said the higher vaccinated population and aggressive vaccine booster campaign, supported by sizeable fiscal expenditure and various ongoing support would help anchor the related sector.