Q2 GDP lower q-on-q, Bank Negara slashes annual growth forecast

Malaysia’s Q2 GDP (RM343 billion) was 2 percent lower than the preceding quarter (RM357.9 billion).

The second quarter saw the Klang Valley enter lockdown on May 12 followed by “total lockdown” on June 1 due to Covid-19 infection surge.

Q2 GDP was still 16.1 percent better than...