KUALA LUMPUR, June 23 ― Malaysia's diverse export destinations and products should help to mitigate the impact of a prolonged national lockdown through the end of June, Moody’s Investors Service said today.From an initial two weeks, it was extended for another two weeks to end on June 28, 2021.
“Meanwhile, vaccination rates are low in most parts of APAC, with only Maldives, Mongolia, Singapore and China having administered a first vaccine dose to at least 40 per cent of their populations," said Nishad Majmudar, Moody's assistant vice-president and analyst. Likewise, in Taiwan, exports grew eight per cent in Q1 2021 from Q4 2020 and 16 per cent from a year earlier, powering an 8.9 per cent surge in gross domestic product .
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