Recession unlikely for now

said AmBank Group chief economist Anthony Dass: “We may see a slowdown due to supply-chain disruptions but recession is not likely,”

PETALING JAYA: Sentiment on the local stock market has been weighed down by a couple of factors, including the fear of a recession.

The ringgit has weakened quite a bit while the Russia-Ukraine conflict is expected to pose a drag on Malaysia’s nascent export-led recovery.