Despite it being three years since he has gone to Singapore, businessman Tan Choo Oo, 62, said the depreciation of the ringgit, coupled with the increase in the cost of living prompted him to postpone his plans to go for holidays in Singapore.
“As much as I miss spending time in the island republic, I think now is not the time for me to do so,” he said, noting that the last time he was in Singapore was about three years ago. “My colleagues and I planned the trip earlier this year. We were very excited for the trip as it has been years since we had a vacation outside of the country.
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