Zakariah said the Malaysian economy was in the midst of adjusting itself to the current economic situation and Mier has forecast 4.7% GDP growth this year.
KUALA LUMPUR: The domestic business sentiment is expected to continue declining from October to December amid slower national economic growth and external vulnerabilities.
However, the Malaysian Institute of Economic Research (MIER) executive director Prof Zakariah Abdul Rashid said the domestic business conditions remained favourable despite the uncertainties on the near-term outlook in the fourth quarter.
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