You are here

Malaysia sees possible contraction as growth forecasts slashed

nz_kl_030478.jpg
Malaysia's economy could contract this year as the country struggles with a month-long coronavirus lockdown and a steep fall in commodity prices.

[KUALA LUMPUR] Malaysia's economy could contract this year as the country struggles with a month-long coronavirus lockdown and a steep fall in commodity prices.

Gross domestic product (GDP) could shrink as much as 2 per cent this year or grow as much as 0.5 per cent, Malaysia's central...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes