PETALING JAYA: Malaysia’s economy will continue to improve, albeit at a gradual pace, towards the end of the year and into 2021, after seeing a stronger-than-expected rebound in the third quarter.
Economists said the gradual resumption of economic activities following the easing of the movement control order, as well as recovery in international trade, would help support the country’s recovery path.AmBank Group chief economist Anthony Dass noted that the improved third quarter gross domestic product (GDP) performance, reflected by a smaller contraction, was partly due to the relaxation of restrictive health measures to contain the spread of Covid-19.
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