Malaysia’s Q3 GDP rebounded significantly from the second quarter, but will the ongoing CMCO stall Malaysia's path to recovery?



The improved performance in Q3 largely reflected the impact of the reopening of the economy after the MCO as well as better external demand conditions.



Overall for 2020, Bank Negara projects that GDP will contract by between 3.5% and 5.5%, and forecasts clearer skies in 2021, with GDP expected to grow between 6.5 and 7.5%.



Image Credit: Kamarulzamanganu / Shutterstock

Malaysia&rsquo;s Q3 GDP rebounded significantly from the second quarter, but will the ongoing CMCO stall Malaysia's path to recovery?

The improved performance in Q3 largely reflected the impact of the reopening of the economy after the MCO as well as better external demand conditions.

Overall for 2020, Bank Negara projects that GDP will contract by between 3.5% and 5.5%, and forecasts clearer skies in 2021, with GDP expected to grow between 6.5 and 7.5%.

Image Credit: Kamarulzamanganu / Shutterstock

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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