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Eurocham Denies Putrajaya Will Implement Lockdown

How will the economy cope with the lockdown and emergency?

21 Jan 2021 / 20:22 H. THERE has been a lot of debate on the impact of the new movement control order (MCO) implemented for two weeks from Jan 13 and the state of emergency from Jan 11 to Aug 1. Much of the debate reflects anger and frustration at the two events and confusion over whether the MCO will be shorter or longer than announced. While this is understandable, it is often not constructive. It is much more worthwhile to consider what might or should happen to the economy taking the MCO and the state of emergency as given and also taking the highly probable position that the MCO will extend beyond two-weeks based on current daily case numbers for Covid-19 and past experiences both here and around the world.

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