Malaysia’s fiscal deficit under control amid recession concerns
KUALA LUMPUR: Malaysia has been managing its economy quite well compared to its neighbouring countries, and has not let its fiscal deficit go out of control amidst recession concerns in the market, an academician said. Professor Richard Vietor from the Harvard Business School said being the third largest economy in Southeast Asia, Malaysia has performed well despite the slowdown in global economy. […]
Japan slides into recession — with forecasts of worse to come
By Kyoko Hasegawa TOKYO: Japan dived into its first recession since 2015, according to official data Monday, with the world’s third-largest economy shrinking by 0.9 per cent in the first quarter as it wrestles with the fallout from the coronavirus. The drop in gross domestic product followed a 1.9-per cent decline in the fourth quarter […]
