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Malaysia records negative growth for second consecutive quarter

Malaysia’s gross domestic product (GDP) decreased to a slower pace of 2.7 per cent in the third quarter of 2020 (3Q20) from the 17.1 percent contraction in the second quarter of 2020, said the Department of Statistics Malatysia (DOSM).

Chief statistician Mohd Uzir Mahidin said the economic performance in 3Q20 was uplifted by a rebound in the manufacturing sector, while other sectors showed an improved negative growth compared to the previous quarter...


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