Malaysia's political chaos, policy uncertainties cloud outlook
Consumer sentiment, business confidence could suffer and strain private spending, worsening Covid-19's blow
Add BT as a preferred source
Anita Gabriel
Singapore
POLITICAL storms in Malaysia have become a familiar patch for investors to navigate in recent years but in the latest unprecedented round, market pundits warn of serious policy uncertainties in an economy enroute to grow at its lowest pace in over a decade.
If Malaysia's wobbly politics persists and sensibilities stay in the backseat, consumer sentiment and business confidence in the country could suffer and strain private spending - the lynchpin of the export-oriented economy - worsening the pinch from a sagging global economy and the Covid-19 contagion.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
