PETALING JAYA: Local retailers may experience slower growth next year, particularly because global economic developments are likely to affect Malaysia's export-oriented manufacturing sector.
Consulting firm Retail Group Malaysia (RGM), in its latest Malaysia Retail Industry report, said manufacturers in Malaysia were expected to face slowing external demand in 2012 due to the eurozone debt crisis, a potential double-dip recession in the United States and a decline in China's exports.
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