Nikkei MarketsMalaysia may unveil expansionary budget to cushion slowdown
Economists expect government to ramp up spending to boost domestic demand
The Malaysian economy, the third largest in Southeast Asia, has so far shown resilience. © Reuters
October 9, 2019 19:57 JST
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.