Malaysians see lower profits, cut travelling, amid weaker ringgit
The ringgit has been hovering at 25-year lows in recent weeks, hitting almost 4.8 to the US dollar last month, the lowest since the 1998 Asian financial crisis.
The ringgit has been hovering at 25-year lows in recent weeks, hitting almost 4.8 to the US dollar last month, the lowest since the 1998 Asian financial crisis.
The planning minister said the PM suggested fixing charges or fees on such utilities according to area-wise, income-wise, and family-wise perspective.
A few traders said it’s not that people have stopped buying but they are spending cautiously. There is a festive crowd in the market but the number of shopping bags has declined.
PM Anwar also reiterated the call for all parties to ease the inward investment process as it can boost the nation's economy.
He also said that the nation is in a phase where everyone has to do more together, help each other, and the Government has to be there for the people.
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