Samenta encourages SMEs to repatriate, convert export proceeds into ringgit

Small and Medium Enterprises Association of Malaysia national president Datuk William Ng

KUALA LUMPUR: The Small and Medium Enterprises Association of Malaysia (Samenta) is encouraging small and medium enterprises (SMEs) to repatriate and convert export proceeds into ringgit to bolster the ringgit.

This follows Bank Negara Malaysia’s call for businesses to do so as part of a ‘whole-of-nation’ approach to ensuring the stability of the ringgit.