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Malaysia could lose US$72 million a day during its third Movement Control Order

today11 May 2021

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Malaysia’s economy is set to lose over US$72.8 million (RM300 million) a day during its third Movement Control Order (MCO), scheduled to fall on May 12, up until June 7.

According to Public Investment Bank Berhad (PIVB), the investment banking arm of Public Bank Group, Malaysia was estimated to lose over US$485.9 million (RM2 billion) per day during its first MCO,…

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Written by: Danial Martinus


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