The services sector’s revenue recorded negative growth of 24.0% in the second quarter of 2020 to RM335.6 billion compared with the same quarter of the previous year, said the Department of Statistics Malaysia.
“This was followed by the Information and Communications, and Transportation and Storage segment which contracted 21.3% to RM51.9 billion while the Health, Education and Arts, Entertainment and Recreation segment declined 41.7% to RM9.6 billion. Mohd Uzir said total revenue on a quarterly basis recorded a decrease of RM102.3 billion or 23.4% RM335.6 billion.
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