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Malaysia GDP Falls At Record Pace Amid Covid-19 Pandemic

Malaysia’s economy shrank at a record pace in the second quarter due to the unprecedented impact of the stringent containment measures to contain the coronavirs pandemic, data from the Department of Statistics showed on Friday. Gross domestic product dropped 17.1 percent year-on-year in the second quarter, after a 0.7 percent rise in the first quarter. This was also bigger than the expected fall
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