Financial market remains resilient in the face of Covid-19, says association | The Malaysian Insight

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Financial market remains resilient in the face of Covid-19, says association

Malaysia’s financial market slowed to a pace of -17.1% year-on-year, matching others in the region with Covid-19 measures. Domestic growth is expected to improve in the 2nd half of 2020, says the Financial Markets Association of Malaysia. – The Malaysian Insight file pic, September 1, 2020.

THE Malaysian financial market remains resilient and continues to function efficiently despite a challenging global economic environment from the Covid-19 pandemic, said the Financial Markets Association Malaysia. The association said in the second quarter, Malaysia’s growth slowed to a pace of -17.1% year-on-year , in line with regional peers following measures introduced to contain the spread of the pandemic.

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