Thursday, 14 Jan 2021 06:04 PM MYT StanChart chief economist of Asean and South Asia Edward Lee said the imposition of MCO 2.0 would pose a downside risk to the economy, with the bank estimating that each month of nationwide MCO may subtract 1-1.5 percentage points from the 2021 GDP growth. — Picture by Hari Anggara Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Jan 14 — Standard Chartered (StanChart) expects Malaysia’s gross domestic product (GDP) growth to rebound to 7.5 per cent in 2021 from an estimated -5.8 per cent in 2020. Its chief economist of Asean and South Asia, Edward Lee, said Malaysia’s economic recovery was partly driven by the continued operations of the economy, amidst targeted movement restrictions to contain the spread of Covid-19 and no global synchronised lockdown as for now.