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Dr Mahathir moots return of ringgit peg, increased subsidies to tackle inflation

KUALA LUMPUR, July 22 The Malaysian government should reintroduce the pegging of the ringgit to a foreign currency as done during the 1998 Asian financial crisis while dipping. ....

Kuala Lumpur , Mahathir Mohamad , Sukudhew Sukhdave Singh , Sinar Harian , Bank Negara Malaysia , Tun Dr Mahathir Mohamad , Sinar Daily , Financial Crisis , Asian Financial Crisis , Malaysia Inflation ,

Former BNM Deputy Governor: Currency Peg Could Push Malaysia Into Financial Crisis

Dr Sukudhew (Sukhdave) Singh has cautioned that pegging the ringgit to the US dollar could push the country into a financial crisis. ....

Mahathir Mohamad , Sukudhew Sukhdave Singh , Sukudhew Singh , Bank Negara Malaysia , Tun Dr Mahathir Mohamad , Tun Mahathir , Asian Financial Crisis , Edge Markets ,

Former BNM deputy governor says pegging ringgit could potentially push Malaysia into financial crisis

Pegging the ringgit to the US dollar may potentially push the country into a financial crisis, according to former Bank Negara Malaysia deputy governor, Dr Sukudhew (Sukhdave) Singh. ....

Kuala Lumpur , Sukudhew Sukhdave Singh , Mahathir Mohamed , Bank Negara Malaysia , Tun Dr Mahathir Mohamed , Asian Financial Crisis ,

Hitting the reset on labour

MALAYSIA’s rehabilitation for its addiction towards cheap foreign labour is now long overdue.
Covid-19 has come to disrupt the supply since last year and the withdrawal symptoms have already started to crop up.
The road to addiction may have very well started in the 1980s during Malaysia’s journey of industrialisation and economic growth where the temporary solution to meet the severe labour shortage was foreign workers.
The Medan Agreement was inked in 1984 for plantation and domestic workers while the later part of the 1980s would see the green light given to recruit workers from the Philippines, Thailand and Bangladesh. It was not really a problem, or at least those who tread the corridors of power did not seem to think it was, until Malaysia tried to climb the high-income ladder. ....

Sumatera Utara , White House , District Of Columbia , United States , Noor Azlan , Khazanah Nasional Bhd , Datuk Nageeb Wahab , Lee Heng Guie , Sukudhew Sukhdave Singh , Rahm Emanuel , Noor Azlan Ghazali , Economic Conditions Survey , Malaysian Palm Oil Association , Automation Research Consortium Of Oil Palm Marcop , Economic Action Council , Bank Negara , Economic Research Centre , Medan Agreement , Ninth Malaysia , Prof Tan Sri Noor Azlan Ghazali , Ninth Malaysia Plan , Associated Chinese Chambers , Automation Research Consortium , Oil Palm , வெள்ளை வீடு , மாவட்டம் ஆஃப் கொலம்பியா ,

Doubt for the political future a detriment for Malaysia's economy: The Star columnist

The Straits Times
Doubt for the political future a detriment for Malaysia s economy: The Star columnist
The writer says that the political instability Malaysia is experiencing is causing a significant damage to Malaysia s economy and comes at the detriment of its citizens.
Pedestrians cross a road in front of Malaysia’s Petronas Twin Towers in Kuala Lumpur on Jan 12, 2021.PHOTO: AFP
Wong Chun Wai
https://str.sg/JKyQ
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Kuala Lumpur , United States , United Kingdom , Republic Of , Muhyiddin Yassin , Khazanah Nasional Bhd , Mohd Kassim , Mahathir Mohamad , Sukudhew Sukhdave Singh , Anwar Ibrahim , Statistic Department , United Nations , Bank Negara Malaysia , Prime Minister Tan Sri Muhyiddin Yassin , Seri Anwar Ibrahim , Prime Minister , Seri Najib Tun Razak , Datuk Seri Abdul Hadi Awang , Southeast Asia , South America , Malaysia My Second Home , West Asia , Tan Sri Mohd Sheriff Kassim , The Asian Voice , குவாலா லம்பூர் , ஒன்றுபட்டது மாநிலங்களில் ,