KUALA LUMPUR, 17 March 2009: The Malaysian Institute of Economic Research (MIER) forecasts the country’s gross domestic product (GDP) will contract 3.8% this year, which is its worst-case scenario. MIER executive director Datuk Dr Mohamed Ariff Abdul Kareem said on 16 March that MIER expected investments to shrink 4.6% and exports to contract 9.8%. Speaking […]
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