Good morning. Here's what you should know today.Key HighlightsRinggit slide puts pressure on PMBersih to marchTourism Malaysia DG demotedRinggit slide puts pressure on PMIn 2017, when the ringgit slid to RM4.44 to a US dollar, then de facto opposition leader Anwar Ibrahim said it was directly connected to the negative perception of the Najib Abdul Razak administration’s management of the economy.Now, it is Anwar’s turn to face the heat after the ringgit dipped to RM4.
Among the reforms sought are prime minister term limits, enhanced whistleblower protection, and a review of the Sedition Act.Police have warned the public against joining the march as Bersih had not submitted a five-day notice as per the Peaceful Assembly Act.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
No bumiputera perks reviewNews and views that matter. Malaysiakini is an online news portal published in Malay, English, Chinese and Tamil. Malaysiakini receives over millions of page-views per day and is one of the most trusted news brand in Malaysia.
Source: malaysiakini - 🏆 20. / 51 Read more »
Indonesia’s Valentine pollsNews and views that matter. Malaysiakini is an online news portal published in Malay, English, Chinese and Tamil. Malaysiakini receives over millions of page-views per day and is one of the most trusted news brand in Malaysia.
Source: malaysiakini - 🏆 20. / 51 Read more »
Bank Negara Malaysia Governor: Ringgit does not reflect positive prospects of Malaysian economyBank Negara Malaysia Governor, Datuk Abdul Rasheed Ghaffour, stated that the current level of the ringgit does not accurately represent the positive outlook of the Malaysian economy. He attributed the recent performance of the ringgit to external factors such as changing US interest rate expectations, geopolitical concerns, and uncertainty surrounding China's economic prospects. Abdul Rasheed emphasized that growth in 2024 will be driven by improved external demand and strong domestic spending.
Source: theSundaily - 🏆 25. / 51 Read more »
Malaysian Manufacturers and SMEs Concerned About Weakened RinggitManufacturers and small and medium enterprises (SMEs) in Malaysia are worried about the fall of the ringgit and its impact on their businesses. However, export-oriented companies and the tourism sector may benefit from the weakened currency. The Federation of Malaysian Manufacturers suggests reducing reliance on the US dollar and increasing the use of alternative currencies like the Chinese renminbi, euro, and Japanese yen.
Source: staronline - 🏆 4. / 75 Read more »
Ringgit’s decline will attract FDI, says Tengku ZafrulMinister also expects currency to bounce back in the future.
Source: fmtoday - 🏆 5. / 72 Read more »
Former MP Ong Kian Ming's Conflicting Statements Highlight Challenges for Non-Malay Power StructureFormer Bangi MP Ong Kian Ming's recent interview reveals conflicting statements and challenges faced by the non-Malay power structure in working with the mainstream Malay political establishment.
Source: malaysiakini - 🏆 20. / 51 Read more »