Retail in Asia

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Malaysia export growth slows in Jan

Malaysias exports grew at the slowest pace in 15 months in January as manufacturers shipped fewer electrical and electronics products during the Lunar New Year holiday and demand from China and Europe fell.

Overseas shipments climbed 0.4 percent to MYR55.07 billion (USD18b) from a year earlier after gaining 6.1 percent in December, according to a trade ministry statement on Wednesday. The median of 20 estimates in a Bloomberg News survey was for a 2.1 percent gain.

(Source: Business Times)