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 USD/MYR and SGD/MYR

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koaydarren
post May 26 2023, 07:49 PM

Mr D
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Junior Member
430 posts

Joined: Feb 2011
The reason is simple. A good buisness takes years to generate values. Certain groups look for tongkat and handouts and the government is forced to go for short term policy. Raising interest rate is not a long term solution. Companies are paying peanuts in Malaysia and no good people want to work in Malaysia. There goes the vicious cycle. Unless we go for a merit based policy, this country won't improve. Currency rate will just drop further.

 

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