Julia Goh, Senior Economist , UOB Malaysia

18-Mar-20 07:45

On Monday night, Prime Minister Tan Sri Muhyiddin Yassin announced a movement restriction order that would require many businesses to close temporarily, as well as restricting all tourist entries and foreign visitors into the country, among various other measures. While it is clear that these measures were put in place to minimize interpersonal interactions as much as possible, one of the biggest questions this raises for us is: what does it mean for the economy?