Economics

Malaysia Sees 2.4 Billion Ringgit a Day of Losses From Lockdown

Malaysian soldiers install barbed wire near apartment buildings after authorities locked down the area to stop the spread of the coronavirus.

Photographer: Mohd Rasfan/AFP via Getty Images

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Malaysia estimates 2.4 billion ringgit ($550 million) of losses each day from businesses remaining shut due to movement restrictions imposed to contain the coronavirus pandemic.