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Malaysia’s latest leading index shows optimistic economic growth in near future

KUALA LUMPUR, May 24 (Xinhua) — The leading index in Malaysia continued to inch up 2.3 percent in March, reflecting an optimistic economic growth in the near future, official data showed Friday.

The Department of Statistics Malaysia (DOSM) said in a statement that the leading index, which provides an early indication of significant turning points in the business cycle and the direction of the economy in the nea