MP SPEAKS | Seven suggestions to arrest ringgit slide

MP SPEAKS | Against the backdrop of a global financial upheaval and conflicts, the ringgit has plummeted to new lows against the Singapore and the US dollars.

The widespread concerns over the nation's economic resilience and strategic response are escalating. Some are even drawing parallels with the Asian financial crisis.

Granted. The ringgit slide is no small matter. The impact is felt through the cost of goods and materials by Malaysians across the board.

Despite that, we have seen unprecedented and extraordinary levels of foreign direct investment (FDI) unlike during the Asian financial crisis, when the opposite was prevalent.

The Malaysian economy in 2024 shows...