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Nikkei Markets

World Bank trims Malaysia's 2019 growth forecast to 4.6%

External challenges, weak domestic investment growth cloud prospect

Signs of fatigue are evident in the economy as recent data show Malaysia's economic expansion pace decelerated to 4.5% in the first three months of the year following slowing domestic demand.   © Reuters

KUALA LUMPUR (Nikkei Markets) -- The World Bank Monday trimmed its 2019 economic growth forecast for Malaysia to 4.6% from 4.7% citing external headwinds arising from the U.S.-China trade tension and weak investment growth.

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