Investors should remain cautiously optimistic about corporate earnings growth this year, although promising developments on COVID-19 vaccines have injected some optimism into the financial markets, said UOB Malaysia Bhd.
The roll-out of additional government measures earlier this month in response to the current surge of“We believe that countries and industries that are supported by ongoing government stimulus can recover strongly this year, especially if COVID-19 vaccinations start by the middle of the year. Lim said central banks would continue to keep monetary policies loose to support the economic recovery.
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