Sign of the times?
Bank Negara Malaysia again slashed its overnight policy rate, bringing it down to its lowest point in a decade. It’s the latest sign our economy has taken a severe beating thanks to Covid-19. It’s also, perhaps, an indication of just why the government thought it best to open the nation’s economy up again.
There’re still plenty of issues surrounding the conditional MCO, however, with employers arguing it would be too much of a strain on their finances to test all foreign workers and some state governments still unwilling to open their economies. Opinions are even divided as to whether these states have such autonomy.
And, today’s BTL wouldn’t be complete without mentioning the curious case of the VVIP’s daughter who got off easy for breaching the MCO.