Unlike in the 2008 financial crisis, the financial sector has weathered the economic turbulence wrought by Covid-19 relatively well. However, the EIU predicts a challenging outlook for the sector in 2021, in light of ultra-low interest rates as well as mounting defaults by businesses and households. We discuss the forecast with lead analyst Steven Leslie.



Image Credit: Shutterstock.com

Unlike in the 2008 financial crisis, the financial sector has weathered the economic turbulence wrought by Covid-19 relatively well. However, the EIU predicts a challenging outlook for the sector in 2021, in light of ultra-low interest rates as well as mounting defaults by businesses and households. We discuss the forecast with lead analyst Steven Leslie.

Image Credit: Shutterstock.com

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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