Despite a volatile ringgit, economy remains firm and access to credit widely available


KUALA LUMPUR: Malaysia still attracts foreign direct investment (FDI) inflows, its economic fundamentals and long-term prospects remain intact while access to credit remains widely available to finance economic activities, despite a volatile ringgit, said an economist.

Maybank Investment Bank chief economist Suhaimi Ilias said the country’s trade or current account surplus has been sustained for decades despite having budget deficits.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ringgit , Malaysia , Economy , Fundamentals , FDIs

Next In Business News

Ringgit likely to trade within 4.04-4.07 range next week
China equities set to shine
Markets look beyond Venezuela shock
Banking on trust
The puzzling MMAG premium exit that wasn’t
Offering luxury for less
Banks snatch up mortgage bonds
EV dreams, petrol reality
Semiconductors still in US crosshairs
Underrated threat of AI-driven inflation�

Others Also Read