Is 1MDB being unfairly blamed for volatile ringgit and other woes?

Economic fundamentals are being unfairly pummelled as some blame the (1Malaysia Development Bhd (1MDB) and political funding issues as sole reasons for the currency slide, without taking into serious consideration external developments outside our control.

IN this combative climate, it is difficult for even the stubborn optimist to see a silver lining. The ringgit hitting record lows against the US dollar, a volatile stock exchange reacting to hot money flows, and the downward spiral of energy prices are fodder for worries. Throw in the widening trust deficit, and you end up with a heady mix where everyone is a critic and every critic knows best.

At Pemandu’s Economic Update 2015, we took on our harshest critics and faced them head-on. We stood in their shoes, identified tough questions and answered them upfront through two key sessions.