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(From Business Times (Malaysia))
Byline: KAMARUL YUNUS ..HL: Mier lowers Malaysia's 2005 growth forecast ..ZO: C-Central ..LE: 286 ..PG: 02 ..PU: BT ..TX: THE Malaysian Institute of Economic Research (Mier) has revised downwards its 2005 growth forecast for Malaysia for the third time to 5.1 per
THE Malaysian Institute of Economic Research (Mier) has revised downwards its 2005 growth forecast for Malaysia for the third time to 5.1 per cent, but maintained its 2006 growth projection at 5.3 per cent.
Executive director Dr Mohamed Ariff Abdul Kareem said the revision was due to the anticipated effects of the escalating price of oil and a slowdown in …