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Malaysian manufacturing sector expects cautious growth in 2019

KUALA LUMPUR, The manufacturing sector expects cautious growth and lower expectations from sales to employment in 2019, as global economic challenges still confront Malaysia.

Federation of Malaysian Manufacturers (FMM) president Datuk Soh Thian Lai said growth for the year would likely depend on the private sector’s investments and consumption.

If there are more investments and consumption from the private sector, we believe economic growth will stay positive around the 4.5 per cent range.

Source: BERNAMA News Agency

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