Malaysia grows at slowest pace in over 6 years

Kuala Lumpur

MALAYSIA's economy grew at the slowest pace in more than six years as exports weakened and private investment eased, adding pressure on policy makers to boost growth amid an uneven global recovery.

Gross domestic product rose 4.2 per cent in the three months through March from a year earlier, after climbing 4.5 per cent in the previous quarter, the central bank said on Friday. That compares with a 4 per cent median estimate in a Bloomberg News survey.