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Malaysia’s leading index shows healthier economic prospect in near future

KUALA LUMPUR, Nov. 24 (Xinhua) — Malaysia’s leading index improved to negative 0.3 percent in September as compared to negative 0.5 percent in the previous month, anticipating a healthier economic prospect in the near future.

The Department of Statistics Malaysia (DOSM) said in a statement on Friday that the leading index, a predictive tool used to anticipate economic upturns and downturns in an average of four