KUALA LUMPUR: The Malaysian economy will most probably see a full blown recession this year given the steep deterioration in recent economic activities both locally and globally.
A poll of economists’ expectations for 2009 projects the economy would contract by 1.19% this year as the slump in exports and slowing domestic demand bite hard especially in the first half of the year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!