Depreciation of ringgit not an issue for Australian investors, says PM


MELBOURNE: The depreciation of the ringgit is not an issue for investors from Australia, since they remain steadfast to invest in Malaysia because of their confidence in the economy of the country, says Prime Minister Datuk Seri Anwar Ibrahim.

Anwar, who was also the Finance Minister, said throughout the many discussions held with business leaders and senior executives during his official visit to Australia, there was no mention of the ringgit’s performance but rather they were more interested in knowing the basic economic policies and other matters like share market and inflation.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Anwar Ibrahim , Australia , Ringgit , Change ,

Next In Nation

WFH policy will not disrupt economic activity, says Economy Minister
MetMalaysia: Thunderstorm warning for KL, Putrajaya, Labuan, 11 states until 2am
SMEs get RM5bil boost as Penang’s heritage brands take spotlight
Illegal wildlife parts: Couple to be charged on April 9, conservationists say such activities 'booming'
Malaysia to request UN review of peacekeeping deployment in Lebanon, says Tok Mat
Woman among nine suspected addicts held in drug op
Another suspect remanded over RM12,000 bribery case
Six-year-old drowns after falling into canal in Penang
Ulu Tiram attacker's father claimed shedding police blood permitted , witness says
Govt to offer free mediation for contract disputes under RM250,000 from May

Others Also Read