Malaysia Economy Sustains Strong Growth on Investment Surge [Yahoo! Finance]
OVERSEAS CHINSE UNSP/ADR (OVCHY)
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Source: Yahoo! Finance
Most Read from Bloomberg Under Trump, Prepare for New US Transportation Priorities Zimbabwe City of 700,000 at Risk of Running Dry by Year-End Saudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sace The Urban-Rural Divide Over Highway Expansion and Emissions Gross domestic product rose 5.3% in the July-September quarter from a year earlier, matching the advance estimate and the median forecast in a Bloomberg News survey of analysts. On a sequential basis, the economy expanded 1.8% from the previous three months, according to Malaysia's central bank and statistics department Friday. Malaysia's economy has largely recovered from last year, supporting officials' optimism that the full-year figure may surpass the initial forecast of 4% to 5% expansion. The Finance Ministry last month raised its annual growth projection to 4.8% to 5.3%, and sees further improvement next year as it looks to raise minimum wages and position the nation as a neutral haven fo
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