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KUALA LUMPUR (Jan 14): The re-imposition of the Movement Control Order (MCO), widely referred to as MCO 2.0 that will be in place for two weeks from Wednesday, is not expected to have as destructive an impact on Malaysia s growth as the first lockdown had on the second quarter of 2020, according to Standard Chartered. “We don’t think the re-imposition of the MCO in Malaysia would result in [as] destructive an impact on growth as we saw in 2Q2020. This is because the restrictions are a lot more targeted. Also, the lockdowns are not synchronised globally where everyone is currently having it,” Standard Chartered Chief economist for ASEAN and South Asia Edward Lee told an online media conference today on Standard Chartered Global Research’s Economic Outlook 2021. ....