World Bank cuts Malaysia 2020 GDP target to -0.1%

KUALA LUMPUR (April 1): The World Bank is projecting a negative economic growth for Malaysia this year amid the COVID-19 crisis, but said the country is likely to recover in the fourth quarter (4Q) of the year before bouncing back into smoother momentum in 2021.

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Expect more auction properties as economy weakens

KUALA LUMPUR (April 1): As the present COVID-19 pandemic and the Movement Control Order (MCO) pile more pressure on Malaysia's economy, the housing property market will not be spared either and more properties are expected to be put up for auction in the near future,  said real estate consultancy Knight Frank Malaysia.

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