Concerns raised about impending slower growth in Malaysia

Bursa Malaysia, meanwhile, tracked the global sell-off as sentiment for equities soured, with losses on index-linked counters pushing the market barometer FBM KLCI to close lower by 17.51 points, or 1.05% at 1649.15. On the bright side, the latest LI figures indicate that Malaysia

PETALING JAYA: While the Malaysian economy may not be as sluggish as initially feared, there is little optimism that the country will be able to do better than last year.

Leading indicators, which economists say are an accurate gauge of economic performance in the months ahead, signalled a pick-up in growth towards the end of the second quarter.