PETALING JAYA: Further liberalisation of the foreign exchange administration (FEA) policies by Bank Negara is a big positive move and timely as it can support Malaysia’s economic revival post-Covid 19 pandemic.
This is a very good news indeed to multinational companies (MNCs) in the country, given greater flexibilities accorded to the export-oriented industries to secure better business operations, cash flow and foreign exchange (forex) risk management.
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