Tag: Malaysia GDP growth
World Bank lowers Malaysia GDP growth due to pandemic.
The World Bank has lowered Malaysia's GDP growth projection to 4.5% in 2021, down from the previous 6%, citing concerns about COVID-19 resurgence, healthcare system strain, and economic disruptions caused by repeated lockdowns and business closures.
Malaysia’s Economic outlook improves but challenges remain
Malaysia's economic outlook improves in March 2020, driven by leading index growth. Despite pandemic challenges, key sectors like housing, imports, and new company registrations demonstrate potential recovery and economic resilience.
