Malaysia’s 3Q GDP contracts at smaller pace | TheStarTV.com

Malaysia’s 3Q GDP contracts at smaller pace

Published on 13 Nov 2020 6:55:14 PM

Malaysia's economy posted a smaller contraction of 2.7 per cent in the third quarter (3Q) of 2020, surpassing consensus estimate of -4.6 per cent, as well as the Gross Domestic Product (GDP) contraction of 17.1 per cent in 2Q, supported by improvements in all sectors, continuous normalisation of economic activities and higher demand from key trading partners.

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Keywords
bank negara, moratorium, gdp, gross domestic product, bank negara malaysia, covid-19, growth, recovery movement control order, rmco, investment activity

Malaysia's economy posted a smaller contraction of 2.7 per cent in the third quarter (3Q) of 2020, surpassing consensus estimate of -4.6 per cent, as well as the Gross Domestic Product (GDP) contraction of 17.1 per cent in 2Q, supported by improvements in all sectors, continuous normalisation of economic activities and higher demand from key trading partners.

Read more at https://bit.ly/3lsAT7B

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
bank negara, moratorium, gdp, gross domestic product, bank negara malaysia, covid-19, growth, recovery movement control order, rmco, investment activity

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