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Malaysia companies brace for costly fallout as ringgit hits a 26-year low

Malaysia companies brace for costly fallout as ringgit hits a 26-year low
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Malaysia Companies Brace for Costly Fallout as Ringgit Hits a 26-Year Low

(Bloomberg) Malaysian businesses are paying a high price for their country’s weak currency that is making importing material and servicing foreign debt more costly.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniStock Rally Stalls at Start of Data-Packed Week: Markets WrapFreddie Mercury’s London Residence Lists at £30 MillionJacob Rothschild, Financier and Philanthropist, Dies at 87Poland’s Famously Frank Top Diplomat Lands a Blow With Rebuff of RussiaWith

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ESG a bigger priority for corporate Malaysia

PETALING JAYA: Sime Darby Plantation Bhd (SDP) plans to review its near-term 2030 targets and longer-term 2050 targets that were submitted to Science Based Targets initiative (SBTi) on Nov 10, 2022, by the second quarter of this year for a full validation.

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Sime Darby Plantation continues engagement with US CBP, to submit impact report in Q1 | Money

KUALA LUMPUR, Feb 18 Sime Darby Plantation Bhd is continuing its engagement with the US Customs and Border Protection (CBP) and expects to submit the report by Impactt Ltd in the first quarter this year. “Following that, the US CBP will review the report and the company will continue its.

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