Singaporeans flock to M’sia for bargains as dollar hits record high

Singaporean are taking advantage of the local dollar’s unprecedented strength when they cross the border into Malaysia, as the cost of living soars back home. — Bloomberg

SINGAPORE: Carman Lee is back in Ipoh, her hometown in northwestern Malaysia, after a 7½-hour bus ride from the city-state for the upcoming Lunar New Year.

The Westin Singapore employee has another reason to celebrate this festive season: an all-time high local dollar that makes everything that much cheaper against the ringgit.