Malaysia, Philippines among Southeast Asian economies struggling amid coronavirus resurgence

May 11, 2021 | INVESTING

The Philippine and Malaysian economies continued contracting in the first three months of the year, adding to signs that some of Southeast Asia’s biggest nations are struggling amid a resurgence in coronavirus cases.The quarterly figures released on Tuesday – which came in below all forecasts for the Philippines – add to recent weaker signals from top regional economies Indonesia and Thailand.All four countries have faced a surge of Covid-19 cases in recent weeks, part of the broader challenge…

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