A budget surplus can change ringgit’s fortunes


Ambrose: Malaysia used to be a quarter of the Asia ex-Japan index in the 1990s, but now the KL market is about 2 plus.

Fund manager says investors want to put more money into Malaysia

PETALING JAYA: The ringgit would find itself on a much better footing should the new Pakatan Harapan government manage to turn the country’s fiscal account deficit into a surplus, says Aberdeen Standard Investments Malaysia managing director Gerald Ambrose.

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