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Malaysian Prime Minister Muhyiddin Yassin has handed his resignation to King Al-Sultan Abdullah but will stay on as interim premier, the Royal Palace said on August 16.

Malaysia's cabinet led by Prime Minister Muhyiddin Yassin has tendered its resignation to the King, Minister of Science, Technology, and Innovation Khairy Jamaluddin announced on August 16 on his Instagram account.

Myanmar’s economy is expected to shrink by 18 percent this year due to political turmoil and a resurgent of COVID-19 pandemic, according to the World Bank (WB).