Malaysia's Q4 growth forecast at 4.3% on weak exports

Exports declined 5.8% year-on-year to RM57.27bil while November’s export numbers were revised to a growth of 2.3% from 3.3%. — Bernama

KUALA LUMPUR: Weak mining exports, slowing agriculture output and the ongoing slump in commodity prices will likely drag Malaysia’s fourth-quarter economic growth to its slowest in nearly three years.

Malaysia’s fortunes have turned along with the collapse in global crude prices last year and the continuing slowdown in China, its biggest trading partner.