KUALA LUMPUR -- Malaysia’s economy contracted 2.7% in the June-September quarter, the central bank announced on Friday, signaling a turnaround from the worst of the coronavirus pandemic's business-crippling effects.
The country's gross domestic product had plunged 17.1% on the year in the second quarter, and 16.4% in the first half, largely due to restrictions on movement. The quarterly decline seen in April through June marked the first since the global financial crisis days of 2009.
