Solid fundamentals enable Malaysia to deal with Covid-19 shocks, Wahid says

TheStar Mon, Oct 12, 2020 01:31pm - 3 years View Original


Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said the country’s healthcare system has demonstrated robustness and resilience during the ongoing health crisis.

KUALA LUMPUR: Solid fundamentals built over the years have accorded Malaysia some resilience to deal with COVID-19 shocks, says Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.

He said the country’s healthcare system has demonstrated robustness and resilience during the ongoing health crisis.

In addition, diversified sources of growth and external trade structure have helped mitigate domestic and external developments, while the continued presence of domestic and institutional investors, as well as deep and liquid financial markets remain supportive of an orderly financial market condition, he said.

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