INQUIRER.net: Malaysian economy slows to 4.3% growth

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Malaysian economy slows to 4.3% growth Aug 22nd 2013, 00:16 KUALA LUMPUR—Malaysia's economy grew 4.3 percent in the second quarter, slowing considerably on a year-on-year basis and prompting the central bank Wednesday to lower its full-year growth forecast.   The pace of growth announced by Bank Negara fell short of analysts' forecasts, and was down from 5.4 percent growth in the second quarter of 2012.   Bank Negara blamed slack external demand for Malaysian goods due to global economic weakness and said it had revised its growth projection for the year to 4.5-5.0 percent.   It had previously set a forecast of 5-6 percent.   "While domestic demand is expected to remain firm... the weak external s... Keep on reading: Malaysian economy slows to 4.3% growth Media files: Malaysia-haze.jpg (image/jpeg)

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