Still weak against SGD, so BNM now are more on kakikong, kakisong

Nope, weak currencies no matter what is not good for us.

Japan debt to GDP are at 244%.
EU basically already bankrupt, just that they refuse to declare it. UK allow people to clean dirty money by buying properties.
Both of them do devalue their currencies. So, good or no good

Nope, only countries that reaching bankrupt will devalue their money.
You want this to happen?
If a country is good, their people won't be a foreign labor in other countries.

In 1997, big wan tan mee only need rm2.50, 2015 a big wan tan mee need rm5.50
Cannot compare like that.

So, we devalue our currencies, but I never see export increases
But I do see more job cut in Malaysia

AFC 97 is not about high currency valuation, but more about unsustainable economy/financial structure.

Just like a person doesn't earn enough (export), but keep on spending (import) more than earn, and keep on borrow more (issued USD denominated bond) to fund the spending.
The imbalance of trade deficit is too steep to be handled.

Using low value currency to compete just means the economy doesn't step up into next level in competing.

We don't see US or Sg intends to lower their currency to compete with others, because they don't need to.

The analogy is like Iphone, vs cheapo phone.
Iphone never will need to lower their pricing to sell their product.

But competitor between cheapo phone needs to lower price to undercut their rival so that they can have better sales, if not they will need to close shop due to poor sales.

Deflation are not scary, what is scary is some people like you spreading flaws

Palm oil and rubber price are testing new low.
You may say export are improving, but not our economy, as those money still go back to foreign company's pocket.
I can have USD1 trillion of export products, but only rm10 billion goes to people.
Such number only looks good on paper, but actual people are not getting any benefit from it.

Still poor man tool theory intact.

At that time, US company found it hard to compete against like Sony, Toyota, Panasonic, hence need to low currency to compete.
While there were plenty of political issue involved as well, which needless to talk into it further as get derailed from financial topic.

Fundamentally, there is nothing good or proud about championing with lower currency.
When you constantly and repeating need lower currency to compete, it just means the economy doesn't step up.

Just like cheapo phone vs Iphone example I given.
You can use cheapo phone (lower currency) as start up, kick start, but as time goes, you need to value added making premium phone that people want instead continously relying on people want to buy from you just because you are cheaper. 

Economy growth is about improve people income and purchasing power, this is the ultimate goal.
Central banks can build up billion or trillion of foreign currency reserves, but people income and purchasing doesn't increase, then the economy growth doesn't yield much meaningful result.
Just like Japan, it has trillion of foreign currency reserves, but economy is stagnant, then the reserves is not much meaningful to its people and economy as a whole.

Same with China, that's why they allow their currency to rise steadily (which they can resist if they wish to, if based on reason of championing low currency) as this is one of the way to improve their people purchasing power and become a stronger economy.

As I said before, there must be a balance in between, but championing lower currency continously is not something to proud about nor a right direction.

or
in other word, it is troubling for gov to say to their people, our currency become lower, hurray, we can do more business... , (it does in certain way, but it just means something is not right prior before devaluation)

You cannot always rely on cheaper currency to compete against rival. We are not talking about appreciation that hurt but constantly using poor man tool aka lower currency to undercut rival.

There is a difference between the currency appreciation hurt your business vs, constantly need to lower currency in order to compete.

Eg.
If USD appreciated 10%, or even 20%, people still buy Iphone
vs
Your currency do not drop, no business, hence need to lower 10% before can get a business.

Lower currency can be good in term of the kick start of ailing economy (just like 98 onwards), but it is like steroid, which cannot rely on it forever.

Standing from seller point of view, sure deflation are bad.
But as consumer, deflation is good actually.
Like the price of milk in the world already reduced but Malaysia still selling expensive, they even increase the price, in this case, what Malaysia need is deflation.
I no need to know what we are exporting, I only need to know what people get from that.
Do I getting anything from the high export figures? Nope, nothing. But I do know Indonesia gets about rm 1trillion from Malaysia last year

deflation...

bad for biz owners
bad for stockholders
bad for property speculators
bad for tax collectors
bad for gomen wastage/songlap

good for small fella with stagnant wages (already stagnant in high inflationary environment)
good for retirees, housewives, civil servants (job salary/pension guaranteed) as prices will drop
good for locals as foreign workers will go home
no change for debt holders

so... good for supersound, good for me. can't say for artus and others.

Legally is USD300billion transacted last year based on money transfer agents.
But, illegal Indonesian workers are a lot, those transactions never been registered.

I said last year