KUALA LUMPUR -- With Malaysia facing a slowdown in commodity-fueled growth, the new government of Prime Minister Mahathir Mohamad finds itself increasingly having to turn to regional economic powerhouses for investment.
Gross domestic product growth in Southeast Asia's third largest economy declined for the third consecutive quarter to 4.5% year-on-year between April and June, having been weighed down by contractions in the mining and agriculture sectors, according to data released by the central bank on Friday. The economy grew at 5.4% in the January to March period.
