13-08-2015 09:44 via news.yahoo.com

Malaysian economy grows at slowest pace in nearly two years

Malaysia's economy grew at its slowest pace in nearly two years in the second quarter, the government said on Thursday, the latest negative sign for policy-makers faced with a plummeting currency and political turmoil. Second-quarter growth was 4.9 percent, down from 6.5 percent in the same period last year, as both exports and private consumption weakened, the central bank said. Future growth prospects for Southeast Asia's third-largest economy -- which is heavily reliant on energy ex
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