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Malaysia, Philippines among Southeast Asian economies struggling amid coronavirus resurgence

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…

Read the original article at South China Morning Post

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