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Malaysia Growth Accelerates On Spending, Investment

Malaysia's economic growth gained speed and exceeded expectations in the third quarter with strong upward contributions from domestic consumption and investment, while exports acted as a drag.

Gross domestic product expanded 3.3 percent after rising 2.9 percent in the second quarter, the Bank Negara Malaysia reported Friday. GDP was forecast to climb 3.0 percent.

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by Renju Jaya

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