IN recent decades, investments have taken a backseat in the Malaysian economy, as the country becomes more consumption-driven.
From 40% of the gross domestic product (GDP) in the mid-1990s, the share of investments has fallen since the 1997 financial crisis to around 20% currently.
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KUALA LUMPUR: Malaysia’s economic growth slowed to 3% in the fourth quarter of 2023, with exports remaining subdued over the quarter on prolonged weakness in external demand.