MARC sees Malaysia’s GDP expansion at 4.3%

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PETALING JAYA: A weaker external trade performance and softer domestic demand growth will be among the main drags on the economy this year as Malaysian Rating Corp (MARC) sees gross domestic product (GDP) growing at 4.3%.

The rating agency said in a report yesterday its expected GDP growth was slower than the government forecast of 4.8% due to these two factors.