Economic growth expected to be impacted from Japan's earthquake.

By bne IntelliNews March 17, 2011
Malaysia's economic growth is expected to be adversely affected in the short term, mainly due to the earthquake in Japan. As reported by Dow Jones International News, the country's Gross Domestic Product (GDP) is expected to reduce by 0.3% points this year and is expected to be revised to 5.2% for the entire year, due to such crisis. The country's total exports to Japan are likely to decrease 5%-10% this year due to lesser trade in the near future.The earthquake and tsunami in Japan is expected to effect the supply chain for some of Asia's biggest exporters and will also dent Japanese investments and tourism.

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