ADB maintains growth forecasts for Malaysia


PETALING JAYA: The Asian Development Bank (ADB) has maintained its growth forecasts for Malaysia at 5.7% and 5.3% for 2014 and 2015 respectively.

It said in a report that Malaysia’s economy was slowing after strong growth in the first half of 2014 to 5.6% year-on-year in the third quarter from a revised 6.5% the quarter before.

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