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New cabinet appointments won't rock the boat, as long as people's health, economy under control


New cabinet appointments won’t rock the boat, as long as people’s health, economy under control
09 Jul 2021 / 10:20 H.
Pix for representational purpose only.
KUALA LUMPUR: With new cabinet appointments, the Perikatan Nasional (PN) government looks totally committed to bringing the Covid-19 pandemic under control while ensuring the economy forges ahead despite hiccups and fragilities of the global economy, Juwai IQI chief economist Shan Saeed said.
He said Malaysian exports and trade numbers are still strong.
“The new appointments will follow the same economic strategy to speed up the vaccine process and to encourage more and more people get vaccinated. ....

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Playing the waiting game


EXACTLY a year ago, the euphoria in the stock market saw investors pricing in what they believe to be the start of an economic recovery in the second half of 2021.
As forward looking as the market is and despite the vaccine optimism that lifted markets in November 2020, the state of the global economy is nowhere near the recovery envisioned last year.
The vicious twin of the Covid-19 in the form of the Delta variant took over the dirty work of wrecking the economy, which has recently forced the United Kingdom and Sydney into renewed lockdowns.
Even Israel, being the most vaccinated country in the world, reimposed its mask mandate indoors due to fears over the infectious variant. ....

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