Don't depend on ringgit value to be competitive, Zafrul says

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz: "The business sector should not depend merely on the ringgit's value to boost its competitiveness."

KUALA LUMPUR: The business sector should not depend merely on the ringgit's value to boost its competitiveness, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Although the government would always ensure the financial market ran smoothly and in an orderly manner,"the business sector should focus on increasing productivity and innovation as well as cost reduction, ” he said.