Expert: Time ripe to invest back into Malaysia


PETALING JAYA: The Ringgit has bottomed out and the time is ripe for investments to flow back into Malaysia, said a leading fund manager in Asia.

Hong Kong-based Value Partners Group chairman and co-chief investment officer Datuk Seri Cheah Cheng Hye said after three years of underperformance by the Ringgit which saw it depreciate by some 25%, the Malaysian currency has now stabilised and should slowly inch back to its fundamental level of between RM3.80 to RM4.10.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Veggie prices expected to stabilise in March, after monsoon ends, says Mat Sabu
Company owner remanded in probe over 'Datuk Seri' title bribery case
Trio detained for illegally crossing Malaysia-Thailand border, says police
Passers-by help nab man who tried to rape woman in Kluang public toilet
Strengthening bonds: PAS president meets Chinese Ambassador
Tok Mat to be issued notice, fine for smoking in prohibited area, says Dzulkefly
Out-of-control garbage truck crashes into Kajang homes
UM must probe sexual harassment allegations against professor, says academic staff association
Natural Resources Ministry issues stop work order to two mining companies
Cops hunt suspect for stealing money from unlocked car

Others Also Read