Moody’s: Covid-19 weakens demand, disrupts supply chains in Asia Pacific | Malay Mail

KUALA LUMPUR, Feb 18 ― Moody's Investors Service opines that the Covid-19 outbreak adds to other pressures on growth in Asia Pacific, with the impact felt primarily through trade and tourism, and for some sectors also through supply-chain disruptions. The credit rating firm, in a new report...

Tuesday, 18 Feb 2020 03:39 PM MYT

KUALA LUMPUR, Feb 18 ― Moody's Investors Service opines that the Covid-19 outbreak adds to other pressures on growth in Asia Pacific, with the impact felt primarily through trade and tourism, and for some sectors also through supply-chain disruptions. “Our baseline assumption is that the economic effects of the coronavirus outbreak will continue for a number of weeks before tailing off and allowing normal economic activity to resume.

Specifically, Moody's expects Macao and Hong Kong will face the biggest hit, given their close economic integration with China .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

malaymail /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China Covid-19 death toll passes 1,800; over 72,000 infectionsBEIJING: The death toll from China’s Covid-19 coronavirus epidemic jumped past 1,800 on Tuesday after 93 more people died in Hubei province, the hard-hit epicentre of the outbreak.
Read more »

2 Malaysians on board Diamond Princess test positive for Covid-19The health ministry says another two are waiting for their test results. FMTNews DiamondPrincess
Read more »

2 Malaysians on board Diamond Princess down with Covid-19 | The Malaysian Insight2 more Malaysians on board cruise ship quarantined off Japan because coronavirus waiting for their test results.
Read more »

Baki 6 penumpang MS Westerdam negatif Covid-19kualalumpur Keputusan ujian wabak koronavirus 2019 (Covid-19) terhadap baki enam penumpang kapal persiaran MS Westerdam yang masih berada di Lapangan Terbang Antarabangsa Kuala Lumpur (KLIA), di Sepang, disahkan negatif virus itu.
Read more »

Johor nafi wujud kes Covid-19 di SJKC | The Malaysian InsightJKNJ berkata kenyataan berhubung adanya kes itu di sekolah berkenaan adalah tidak benar.
Read more »

Five more suspected Covid-19 cases in SarawakKUCHING: Sarawak recorded five new suspected Covid-19 novel coronavirus cases on Tuesday (Feb 18).
Read more »