Malaysia may unveil expansionary budget to cushion slowdown

Economists expect government to ramp up spending to boost domestic demand

20191008 KL View

The Malaysian economy, the third largest in Southeast Asia, has so far shown resilience. © Reuters

KUALA LUMPUR (Nikkei Markets) -- The Malaysian government is likely to raise spending in the federal budget due this week in a pre-emptive move aimed at countering the impact of the trade war and the global slowdown that could threaten the country's exports.

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