likewise if we observe restaurants who do import a lot i.e. high end places, tend to not hike prices that much despite having a very price inelastic customers and higher forex risk

singapore could not afford to have strong usd vs sgd. i do not know where u get the info USA will not increase rate. to me, it is 100%  rate hike, this is why, not just MYR is depreciating, most asia  currencies are not spared.

if USA indeed rate hike in september, then good luck in my stock market.

if we have a strong usd vs myr, petronas coffer will be empty by now ( exageratting ), coupled with low oil price.

all these are not as simple as 42 billion Najib 1mdb issue. hundreds of billions are invloved.

to give u all a hints, low currency is the base in pushingeconomy for a manufacturing or export nation.

greece affect malaysia? puke, this is a damn lazy ass nation with gdp less than 0.3 globally.

do not use the word slumped, it is a strong words. of course export decrease, especially south east asia, as everyone is feeling the heat of china slowdown.

why gdp and export of malaysia slower, come on, in 2014, when malaysia ringgit is 3.2 times 110 usd per barrel oil, againts now, 3.70 myr times 60 usd per barrel oil, what is the difference?

cpo, 3.2 times peak at 3000 myr againts 3.7 times 2200 average nowadays, how much the different.

the economist are mot genius or as smart as engineering field, they only use final sales amount figure to configure gdp, this is also why, only top students are doctors, engineers, not economist.