Businesses must go on despite pandemic, say fund managers and analysts

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Going on well: A supermarket in Kuala Lumpur doing brisk business with shoppers thronging the malls. -IZZRAFIQ ALIAS/The Star KUALA LUMPUR: Fund managers and analysts have described any move to declare a state of emergency as acceptable considering the current Covid-19 situation and its impact on the economy.“However, as long as the economy has continuity and continues to open up amid the Covid-19 pandemic, it should have little impact on businesses, ” said UOB Asset Management (Malaysia) Bhd chief executive officer Lim Suet Ling. She said at the moment, the country needs minimal disruption to the economy and stability in the government.In relation to this, she said that getting Budget 2021 out was crucial and should not be delayed. “With the Covid-19 causing the global economic slowdown, the government would need to find ways to shore up the country’s economy.“As such, the curre…