 "Taiwan, China, US")
Southeast Asia’s economies languish amid virus challenges
The resurgence in coronavirus cases is posing a threat to some of Southeast Asia's biggest economies, such as Malaysia and The Phillippines, which registered a degrowth in the first three months of the year. Other top regional economies such as Indonesia and Thailand have also had weak signals. The Philippines' gross domestic product shrank 4.2 per cent and Malaysia's, by 0.5 per cent. Meanwhile Indonesia last week reported a 0.74 per cent contraction and Thailand is expected to show a contraction as well when it reports first quarter figures next week.
