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Malaysia’s economy grows 5.3pc
KUALA LUMPUR: Malaysia’s economy grew 5.3 percent from a year earlier in the third quarter, slowing from the previous three-month period, official advance estimates showed on Friday. In the second quarter, gross domestic product expanded 6 percent. During the July to September period, growth was recorded in all economic sectors except for mining and quarrying, which declined 4.9 percent from a year earlier, the statistics department said in a statement. Expansion in the quarter was driven by the services sector which rose 5.4 percent, while manufacturing activity grew 7.5 percent, backed by ex...
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