: The business sector should not depend merely on the ringgit’s value to boost its competitiveness, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz .
Tengku Zafrul said the ringgit’s value would be driven mainly by the country’s strong economic fundamentals. The finance minister said in view of Malaysia remaining a net exporter, the competitive ringgit generally would have advantages. Tengku Zafrul said the government, through Bank Negara Malaysia , would always ensure the financial market was well-organised and efficient.
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Business sector should not depend on ringgit value to be competitive - ministerTengku Zafrul says it 'should focus on increasing productivity and innovation as well as cost reduction'. habis..nak guna apa? rmb?usd..jpy..hang habaq mai..dah business..kat msia..nak letak price dalam matawang apa? sembang..buat panas ja... When the ringgit value is low, the gov should emphasize on exporting la but unfortunately the gov don’t even bother. We are a small nation. Help all kinds of smes to go worldwide. Its a win win for all. Back to barter trade better. This minister can't think of a better solution in handling current pandemic situation. Always blame on others. Is this we call incompetent. Moratorium extension is a must now in this current environment. Don't regret if businesses in Malaysia turn bad
Source: malaysiakini - 🏆 20. / 51 Read more »