15:01 the Malaysian container driver says he’s bought 2 houses in Malaysia due to his working in Singapore, and if his motorcycle breaks down, he’s able to buy a new motorcycle with his one month salary. It’s no surprise why many Malaysians are willing to endure the hours of traveling to and fro, between Malaysia and Singapore everyday because they’ll be able to give their families a better life.

@hitthedeck4115

12 күн бұрын

Good for both countries. Hope he spends his salary in Malaysia though.

@eugenearokiasamy5662

12 күн бұрын

If things are so great in Singapore, why didn't he buy a house in Singapore?

@johanjonahanyi5107

12 күн бұрын

@@eugenearokiasamy5662 working for salary is better in SG.....buying house in Malaysia is cheaper....hence buy in Malaysia la....aiyoyo

@makatogonzo

12 күн бұрын

Singapore tiny island no land. That's why houses are expensive.

@carkawalakhatulistiwa

12 күн бұрын

But this Made inflasi in rest of Malaysia

It is interesting to see common Malaysians complaining about rising prices in the beginning, followed by comments by experts of Malaysia’s inflation is low/well controlled.

Malaysia needs to shift its focus to merit.

@Noname-dr1jm

12 күн бұрын

Agree...

@ppipinping

12 күн бұрын

It needs to do away with mixing religion with politics too... everything now is seen as challenging their religion and once it comes to that all open logical discussions ends there ... how to argue with something mythical

@starman1994

12 күн бұрын

Dream on

@Monkey341

11 күн бұрын

If by MERIT, the majority race is afraid they cannot compete with the minorities!

@9493time

11 күн бұрын

The problem is, saying this out loud in Malaysia can get you killed.

continue with race based policies and i wont be surprised SGD 1 = RM 4. favouring not the best, but the skin colour will drive more capable malaysians overseas.

@babibrain

12 күн бұрын

soon 1 USD = RM5

@kimchiba4570

12 күн бұрын

It's good for us.. Let them keep it

@schadenfreude6274

12 күн бұрын

I'm Malaysian and even I feel SGD 1 RM4 is too little. Many of us Malaysian working in Singapore is hoping for SGD1 RM 10 soon! 🙂

@JimJ-ju5lx

12 күн бұрын

@@schadenfreude6274 That would not be good for Malaysia. Probably will end up like USSR.

@Haris14

12 күн бұрын

@@schadenfreude6274 lol malaysian workers don't know what they are asking for. you might as well stay in singapore then. at 1:10, malaysia will collapse, all too poor to afford. more singaporeans will go over and drive the prices up even crazier for your own people to afford. don't wish what you are asking for.

Oil revenue from East Malaysia for 60+ years all went missing. Malaysia really boleh. 😂😂😂😂

@eugeneteo9664

11 күн бұрын

into najib"'S account.

@MrCoklatpahit

11 күн бұрын

@@eugeneteo9664 More to Jho Low’s account imho

@Jaguar0xf

11 күн бұрын

Not missing, went into developing KL, Penang and Johor

@WasLostButNowAmFound

11 күн бұрын

@@Jaguar0xf Developing Johor, Penang, KL? lol. boy boy i am old enough to remember Multimedia Super Corridor. talk less nonsense. [to build the Petronas Towers to show off is not developing KL.]

@MultiCklee

10 күн бұрын

Malaysia boleh.....rasuah.

In Malaysia, the weakening Ringgit is largely due to the heightening extremism, racism and discrimination that has led to loss of confidence amongst investors, businesses and consumers. It is not fighting corruption at war footing. It seems to have rewarded the inefficient civil service with a 13% undeserved increase in salary. The government better learn from the failed states such as Pakistan and Sri Langka lest it is sliding down the same road!

@revolve6938

11 күн бұрын

Are you drunk or something

@fukunaga-kane

11 күн бұрын

That has little to do with the ringgit. You didnt even mention anything economic related.

@putinia3411

11 күн бұрын

in malaysia , too many indonesian ilegal workers makes ringgit down.

@Monkey341

11 күн бұрын

​@@putinia3411 Ya, easiest way to deflect accountability is to blame others!

@Monkey341

11 күн бұрын

Pakistan and Sri Lanka failed due to it unstable politics, extremism and corruption.

Ya know....I should indirectly thank the government for this one. I graduated from a top tier government high school in Malaysia and many of our bright minded students who are from rich families left for Australia right after SPM and didn't bother to waste 2 more years of STPM to decide their fate. All end up being doctors and engineers. I was in limbo for a few years before my golden opportunity to study overseas in US came. 30 years later, here I am working and living in TX, looking to retire in a few years and I never looked back. I remember during the early years of my engineering career, my parents told me about how the government is using cash to entice Malaysians with technical backgrounds to return home. I laughed. They really need to ask themselves whatever happened to those they sent overseas with full scholarships and I think I know the answer to that.

@MultiCklee

10 күн бұрын

you might have done better in Malaysia and retired a few years back. Don't always paint such a bleak picture of the path not taken....You won't really know.

@richlandzee8686

10 күн бұрын

@MultiCklee - oh no. I chose to work a few more years here. I have more than enough to retire now so im not too worried. Unlike my high school friend who was forced to retire from Intel 1 year ago when they had a huge layoff at his plant. I believe it is in Kulim, Kedah. The whole quality assurance engineering team is done, including his own boss. They also had layoffs in US.

@rikirex2162

8 күн бұрын

Australia is the dumbest country on Earth...been living there 25 years...I wont even go back to apply for my 3 years overdue pension.

@chanarmagedon1561

8 күн бұрын

@@richlandzee8686 Ha ha ha, nothing to argue. Your success is undeniable! Malaysia is not moving forward due to race based management : a FACT

@EpoiEzam-yc8ke

7 күн бұрын

of course.. typical immigrant.. take what ever you can get and ran away overseas.. and start blabbering about the country.. and how you've made it on your own all this while.. puuiii

Najib is a great role model on how to grow money out of thin air. Perhaps everyone in Malaysia could emulate him.

@MrCoklatpahit

12 күн бұрын

You people talk about Najib too much. He has been sentenced now so shut up. Please don’t forget about Jho Low (the biggest culprit of all time), who is still out there at…God knows where!

@jeremyxu8155

12 күн бұрын

Malik is even more brainy than Najib for that matter.

@minma02262

12 күн бұрын

He gadai asset negara sesuka hati adalah, apa makes money from thin air. Bapa hutang.

@demoncloud6147

12 күн бұрын

Most govs make money out of thin air, hence the inflation exists

@kevinlohwm

12 күн бұрын

😮 is my. ​@@jeremyxu8155

Malaysia has a lot of room to grow. Overall experience was good when I visited Malaysia last year. The only thing that needs to improve is immigration. I had to queue for almost 3 hours to go through immigration and the immigration staff were not friendly at all. I hope they can be improved over time.

@Underdog9898

9 күн бұрын

I think you have not learned to pay for convenience, especially for a place like Malaysia. I think you can engage runners as they call it to run errands for you when getting your paperwork to be done, much like engaging a proxy.

Singaporeans should be more concerned about rising living cost on our home turf and rising local unemployment that's being taken over by the very manpower that we're commenting on. Many Malaysians are so lucky because Singapore is only a stone's throw away to be able to earn better incomes and live better lives for themselves. While Singaporeans can't return the favour but have to travel far and wide.

@maccheese8379

7 күн бұрын

Singapore can always draw High Nett Individual to pump their money there.

Malaysian Ringgit’s value is a reflection of its policies that prevents the economy to move up the value chain. Subsidies might help the people but in the long run, it will bankrupt the government which also affects the ringgit so it’s a vicious cycle!

@R0TB

17 сағат бұрын

dont forget , the gov need to feed and maintain all the royal family lifestyle... msia got alot of states ..each states have their own royal family..

@songkok7hitam

26 минут бұрын

where did you copy this phrase? from a text book Econ 101? tell that to other countries that has zero subsidies like the Philippines and Thailand. Did they turned first world country with high income peoples? they send their citizens to work overseas. see world from reality ground not from econ text books.

It's more important than ever to support each other. Buying local helps all of us in Singapore thrive. Let’s do this together! 🌟

@loveneutrality3057

12 күн бұрын

Nothing feels better than knowing your purchase supports a local business. Let's keep our dollars in Singapore and help our city shine!

@leehyunsong7001

12 күн бұрын

Buy local? So you can only eat some eggs some fishes and veggies only. Like that you ok?

@admin6552

12 күн бұрын

Let's champion our local entrepreneurs! Every purchase we make locally is a step towards a stronger Singapore.

@DonPrint

12 күн бұрын

@@leehyunsong7001 Encouraging our local businesses is crucial, especially now. Every small effort counts in making a big difference. Go local!

@ECOSAM_

12 күн бұрын

@@leehyunsong7001 Such high-quality products made right here in our city! It’s awesome to see and even better to support. 🌟

Some bankers are telling me that they are projecting the rate of exchange might hit 1:5 in the next 10years if MY continue the way they run their finances.

@MultiCklee

10 күн бұрын

nope. when it hits 4.5, malaysia will invade and conquer SG

@CLXH

4 күн бұрын

LKY SGD 1 = RM 1 GCT SGD 1 = RM 2 LHL SGD 1 = RM 3 Lawrence W SGD 1 = RM 4 S'pore 5th PM SGD 1 = RM 5 And I don't need a banker to tell me this.

@chanarmagedon1561

2 күн бұрын

@@CLXH agree! Lawrence is more capable than lhl. Waiting for my sgd reserve to go up hahaha

@leealex24

2 күн бұрын

RM already start strengthening.

@MultiCklee

Күн бұрын

@@leealex24 of course it will strengthen. The depreciation will not follow a straight line. I feel, in the long run, the country is not going to be as prosperous as before given the state of the demographics, education etc...My view is that MYR will eventually worsen as other nations continue to pull forward.

It's time to vacation to Malaysia, to stimulate its economy 😊

@KS-zd4ew

4 күн бұрын

Don’t visit PAS controlled states , anyone can be penalized for wearing shorts

@R0TB

17 сағат бұрын

sorry..cant wear bikini in beach area.. need to cover up in hot day.. cant go pub for beer sesh....they religion leader call for ban on alcohol! cant order yummy pork or bacon without offending again their religion leader...

Terima Kasih Anwar ibrahim "WE are in level 1998 Asean financial crisis" GOOD job

I was also surprised when we traveled to KL, 1 MYR is equivalent to 12 Pesos or even less in other exchange currency. It used to be 14 Pesos = 1 MYR for so many years.

This is why I keep all my net worth in anything BUT the ringgit lol. I am ready and hedged against Malaysia's eventual collapse. The majority malays would rather sink the ship than to change its race based policies that is ailing the nation's competitiveness on the world stage.

@Jaguar0xf

11 күн бұрын

How do you do it? Do share with us here. I’m struggling

@lambolim2178

10 күн бұрын

Our country just enjoy living in its own bubble of racism. Our racism is really in the other level on the world stage

@yuki_anesa1621

10 күн бұрын

@@Jaguar0xf hang in there bro. I own US stocks and crypto. You can use Rakuten and Luno

@keithframe3489

10 күн бұрын

@@lambolim2178 Malaysia is one of five countries that refuse to sign International Convention on the Elimination of All Forms of Racial Discrimination (ICERD) alongside with North Korea. Crazy man.

@MSDGroup-ez6zk

6 күн бұрын

@@Jaguar0xf Peterson Institute has made a study about the word distribution of dollar reserve. The study was made in Dec 2023. On its finding 1. Asia held USD 5 T of USD reserve where Japan as one of the biggest USD reserve holder cannot use its own currency as its reserve while Europe can. 2. Europe held USD 1 T of USD reserve. This is 1/5 of what Asian held. 3. Middle East held USD 809 Billion of USD reserve 4. Africa only held USD 85 billion of USD reserve.

everybody is laughing and mocking at Ringgit now 😣...it's a sad and heartbroken moment for Malaysia, especially for those normal citizen who are innocent and endure the shame on daily basis...I wish a speedy recovery for Malaysia and hopefully in the future there will be a cheerful moment for the people... should stop the tears and may justice prevail... ❤️🇲🇾❤️

@benjaminchong82

11 күн бұрын

Malaysia will not recover to its former glory if the thinking of its quota system and its wrong policy ...it been proven that the system of Malaysia has failed badly ...

@MSDGroup-ez6zk

6 күн бұрын

@@benjaminchong82 Peterson Institute has made a study about the word distribution of dollar reserve. The study was made in Dec 2023. On its finding 1. Asia held USD 5 T of USD reserve where Japan as one of the biggest USD reserve holder cannot use its own currency as its reserve while Europe can. 2. Europe held USD 1 T of USD reserve. This is 1/5 of what Asian held. 3. Middle East held USD 809 Billion of USD reserve 4. Africa only held USD 85 billion of USD reserve.

@zend666

6 күн бұрын

should all fiat soon devalue into nothing, the cycle would repeat. one's that not learn history surely doomed to repeat it

@popcorn6931

5 күн бұрын

dont worry be happy.... china come to the rescue!

@user-vv3se4wt7v

5 күн бұрын

There is no hope for Malaysia due to the discriminatory policy. It is going to get worse. The policy has created the incompetence and lazy Malay.

It's sad that Malaysia is getting poorer. Lots of Chinese Malaysians moved to Singapore, causing a brain drain in Malaysia.

@ravindrandoraisamy9758

12 күн бұрын

Include Indians

@ernestkj

12 күн бұрын

This happens all over the world but Malaysia is experiencing it a lot more than others

@theMiaow

12 күн бұрын

We don't need type c

@azim-azmi3584

12 күн бұрын

​@@theMiaowPAS don't need Chinese. That why negeri PAS is mundur.

@JimJ-ju5lx

12 күн бұрын

The non-malay move here due to the race policies in Malaysia. Doesn't help that Malaysia is getting more and more religious and extreme.

As Indonesian we had the same problem. The economy is not doing well, not great of course but certainly not moving downward. But yet somehow the currency is going weaker. And somehow the only reason we can found is the strengthening of the US dollar. Every economic problem in SEA is always start in the USA. 1998, 2008, and now. Perhaps its the time we need to consider dedollarization more seriously. Maybe not completely, but at least we can made our economy not too depend on the US.

@MrNayoz

11 күн бұрын

countries with no samesex marriage legalized are primitive: expect the worse, since there is no rationality, only hate and superstition.

@-jfo-

11 күн бұрын

You aren't wrong. The US manipulation of its currency using it currency reserve status impacts all countries. Their continual interest rate increases to support the burgeoning US govt debt is causing havoc to financial markets. The sooner De-dollarization happens the better.

@Jaguar0xf

11 күн бұрын

You had Suharto, Sukarno and Mega… of course la

@rrajan5476

11 күн бұрын

Bpk. Indo has agricultural and industrial resources. Investors from 360* are interested to put money. and a sizeable population to create and sustain the economy. In Asia , after China and India, it is IA which will shine

@monipenny408

9 күн бұрын

The only way forward is to de-dollarize as soon as possible, U$ is busy exporting inflation to other nations.

I hope Ringgit will go up and SGD will go higher.

Malaysia exports a lot of oil and gas. It received the monies in usd as oil and gas are priced in usd. The government have lots of myr when the oil and gas usd monies are exchanged into myr. The big issue in mal is that there are too many subsidies in the economy. There are lots of subsidies to government servants, poor , race based etc. The government should force the people to work harder by cutting down the subsidies during the good times not during the bad times. The government sector is too big. Too much expenditure. Too much oil subsidies as well. Malaysia have wisely chosen to keep a low interest rate instead of following the feds. Ringgit would naturally fall as the int rate in Malaysia is lower. Housing loans is only 3.8%. Singapore is 4-5%. US is 7%.

@kesatria_gelap

12 күн бұрын

burden more to private worker..they do not get benefit like goverment servant e.g. housing allowance, pension allowance etc..if private worker with salary rm 2500 below..how they want make living withby car loan, house loan etc

@harkalulu9638

11 күн бұрын

⁠in the long run, it’s not viable cause the government sector is too big and we have to pay the government retirees. The money to pay them is the expense of the people and it’ll lead to the same problem as Argentina for relying on subsidies for too long

@davidhee7661

10 күн бұрын

It’s mostly coming from the other 2 wilayah di Borneo (Sabah & Sarawak).

@davidhee7661

10 күн бұрын

Let’s learns from Spore. They didn’t have much resources & yet they are the KING of Asia. Even Aus Dollars are lower then them

@zaki-pq1ps

9 күн бұрын

@@davidhee7661 singapore is not apple to apple to malaysia. Singapore strategic location, small land mass and kickstart by the brits to make it financial centre is the key to its success. governing malaysia is much more difficult than singapore.

It's fine, everything is fine, we're used to living like this in Malaysia, we know the meaning of ups and downs,instead of complaining it's better to try to survive in this crisis, complain not being able to do anything you still have to work even if you don't like it

@kokovin6808

9 күн бұрын

And even though salary is not high, we can afford to own a house and car through loans at the moment, unlike our friends in the neighbor country. And that is also why Malaysia should not follow USA and increase its interest rates.

@Alessandrodel7

6 күн бұрын

SG’s media. What else you can expect from them

@MSDGroup-ez6zk

6 күн бұрын

@@kokovin6808 Peterson Institute has made a study about the word distribution of dollar reserve. The study was made in Dec 2023. On its finding 1. Asia held USD 5 T of USD reserve where Japan as one of the biggest USD reserve holder cannot use its own currency as its reserve while Europe can. 2. Europe held USD 1 T of USD reserve. This is 1/5 of what Asian held. 3. Middle East held USD 809 Billion of USD reserve 4. Africa only held USD 85 billion of USD reserve.

Tough luck for most malaysians. It will take a long long while for the ringgit to go up, if it ever happen.

As a someone said..WHAT local brand? Even the LOCAL currry puff uses imported Flour. Coffee is imported.. i dun think they grow coffee beans in Malaysia, so your local kopi is not so local.. the sugar in ur kopi-O is also imported.. so ur Roti Canai uses imported flour, ur kopi uses imported coffee powder and imported sugar..

@nasigorengtomyam7452

12 күн бұрын

wheat cannot grow in malaysia fyi.

@ditsygirl5409

12 күн бұрын

We have home grown seafood and vegetables!

@JimJ-ju5lx

12 күн бұрын

That is so true...

@lplp7656

12 күн бұрын

These are so true. These so called “experts” are sugarcoating and telling feel good story to protect their position and power and not telling the truth to prevent them from being in the wrong reasons. Rakyat is not stupid too. A few benefits from currency devaluation , but majority 90% msians make lossess and bear the brunt of this .

@simplyme3306

12 күн бұрын

Malaysia do have coffee farms fyi.

On the bright side, our semiconductor industry is booming due to the depreciation of Ringgit. Thanks to that, the tech giant is able to hire more cheap engineers to grow their workforce in Malaysia. They are not shy of offering high wages for their employee since it will always be around the range of the salary of a US Walmart Employee.

Again seeing CNA trying to deflecting Singapore’s own problem of sky high cost of living especially on rent by showcasing its neighbour problems. If Singapore is doing very well, I bet they will just keep quiet and while enjoying the advantage of low MYR. Thus I believe their government are seeing huge foreign investments and jobs are taken up by Malaysia as depreciating Ringgit is value for their money, they now doing propaganda to pacify the populace that loses job to Malaysian that command less pay. Similar trick like how US is doing to China. So good sign for Malaysia.

@Alessandrodel7

6 күн бұрын

Indeed. The most funny part is that CNA chose to interview mat jargon (Wan Ahmad Fayhsal) who previously said “ just print more money to tackle the issue of Malaysia’s economy”. And CNA just focus on the negative side of the whole “story”.

@MSDGroup-ez6zk

6 күн бұрын

@@Alessandrodel7 Peterson Institute has made a study about the word distribution of dollar reserve. The study was made in Dec 2023. On its finding 1. Asia held USD 5 T of USD reserve where Japan as one of the biggest USD reserve holder cannot use its own currency as its reserve while Europe can. 2. Europe held USD 1 T of USD reserve. This is 1/5 of what Asian held. 3. Middle East held USD 809 Billion of USD reserve 4. Africa only held USD 85 billion of USD reserve.

Malaysia is doing fine, good economic growth and a low level of inflation. Currency fluctuations happens.

With high corruption it will some time

Need to empowered more of local product development and informal sector while too much depend on formal sector will hurt if global economy is in uncertain situation

Excellent show . tkx

its making sarawak and sabah to reconsidered to not unify with malaysia now since all the profit are being taken by the federal

The biggest problem with this currency issue is that they have got it totally wrong. Stop focusing on weak currency, instead, focus on the elephant in the room = low wages

@ccdev

7 күн бұрын

the elephant is corruption lah. rm250+ billion in 5 years?!!!

@ianchan3454

6 күн бұрын

After all the inflations thats happening. The salary is still kept below 2000. Which is utterly bullshit

@ashman4827

6 күн бұрын

@@ianchan3454if you ask me, what’s more important is to focus on leveraging the depressed currency exchange opportunities with the ever-attractive foreign trade. That way, the country can increase the value of its human resource which in turns grow wages…

My real takeway is knowing there are MVPs like Mr. Barani Khrisnan who still have the Malaysian english accent even after 18 years in the States.

A weaken currency can boost export numbers, but does it also represent increased profitability? Cost of imported raw materials like fertilisers, animal feed, etc, drives up expenses for exporters.

To my surprise the Rupiah led the drop followed by Philippine Peso among Asian currencies as per 26th April news. Japan ranked number 3 and Malaysian Ringgit is one of the most stable currencies where it ranked number 4 after Indian Rupee, Singapore Dollar and Chinese Renminbi. The strong Dollar wrecks everything not only the ringgit. Only within these few days the Dollar is falling.

@JonKino828

12 күн бұрын

Don't think anything can beat the depreciation of the Yen.

@zack-cn7qo

12 күн бұрын

CNA wont explore this as it is not inline with their narrative.

@yongkheankhoon6710

12 күн бұрын

hence you see the interest rates is among the highest in ASEAN Indonesia 6.25, and Phillipines 6.5

@ongtengkee9225

8 күн бұрын

Stable in 4.8?

@MSDGroup-ez6zk

6 күн бұрын

@@JonKino828 Peterson Institute has made a study about the word distribution of dollar reserve. The study was made in Dec 2023. On its finding 1. Asia held USD 5 T of USD reserve where Japan as one of the biggest USD reserve holder cannot use its own currency as its reserve while Europe can. 2. Europe held USD 1 T of USD reserve. This is 1/5 of what Asian held. 3. Middle East held USD 809 Billion of USD reserve 4. Africa only held USD 85 billion of USD reserve.

Easy for them to say “get MNCs to convert their foreign currencies to MYR”. Corporations need to strategize their reserves too bruh, no foreign currency obligations you think?

It's interest rate difference between countries I believe. They need to live with this. It is not that bad. At least cheap currency spur Malaysian export. Look at Japan, Korea, Sweden. Low interest rate compared to USA causes deprecation of currency.

I opined, it will not be a temporary drop but a continuous one in the long run if the current government policies do not change.

Very simple, when everything fails, just blame the "Type C".

@keithframe3489

10 күн бұрын

Ironic because that same type-c contribute the most to economy.

@aser12104

10 күн бұрын

When the time of type C is getting lower in population, the blame game will no longer work then

@wst844

8 күн бұрын

Malaysia has been dominated by policies that benefit the Malays for more than 50 years and still blame the Type C?? Maybe that would work during colonial times but how could that make sense now?

It will rebound! I pray South East ASIAN Market and Currency 💵 will Rebound ASAP!.

@elinalim7053

8 күн бұрын

Borrow money from IMF or china. Can't pay back, mortgage land. 😊

To know where Ringgit's value is going in the next 50 Years, look back at its last 50 years as long as "things" remain the same on the ground..

missing critical and sensitive issues in the discussions It's on broadcast, hence no further details are shared here

A depreciating currency will generally be bad for the overall citizen. No way will it be good for the country.

Crude Oil is priced in USD, with rising USD..the cost of crude Oil to Malaysia has shot up . But to the people on the roads its still at a "cheap" rate for RON95 petrol.. but its because the govt pays more to cover the shortfall..so in the long run . A weak ringgit eats into the govt budget with more subsidys for energy... fuel and electricity.

@babibrain

12 күн бұрын

Malaysia crude oil production has decreased over the years. Malaysia unable to afford to subsidize its own citizens and unproductive rakyat is going to suffer with rising cost of living

@elinalim7053

8 күн бұрын

Don't worry, we have 90% oil Palm plantation and just 10% rubber plantation. Unfortunately oil palm price is lower than rubber. 😮

@MSDGroup-ez6zk

6 күн бұрын

Peterson Institute has made a study about the word distribution of dollar reserve. The study was made in Dec 2023. On its finding 1. Asia held USD 5 T of USD reserve where Japan as one of the biggest USD reserve holder cannot use its own currency as its reserve while Europe can. 2. Europe held USD 1 T of USD reserve. This is 1/5 of what Asian held. 3. Middle East held USD 809 Billion of USD reserve 4. Africa only held USD 85 billion of USD reserve.

This is why gold, silver, copper, is highly appreciating recently. It's because people do not trust failing paper currencies

The ringgit had been depreciating against the US dollar since the 1990s. which is 30+ yrs. Difficult to be hopeful that our ringgit is going to appreciate against the USD and world's major currencies.

Weak govt. Arrogant ppl. Unstemmed korupsion.

@starman1994

12 күн бұрын

Not arrogant, just ignorant.

Let's always do alot of good ❤️

Before in the 60s and 70s, our Ringgit is the same value as Singapore and Brunei dollar.I remembered we can use Ringgit, Singapore and Brunei dollar being circulated Now, Singapore and Brunei still stay as it is but Malaysian ringgit value is dropping over the past few decades. What have the Malaysian government done

The Finance Minister should be sacked.

@MultiCklee

10 күн бұрын

well said...that is a one sly chameleon.

Ringgit will rise, but the most important things is the Malaysian national basic wage should be risen from 1500 to 2000 myr per month.

@vister6757

12 күн бұрын

No point. You raise the basic pay then you pass back the expenses to the consumer. The only way is to strengthen & stabilise MYR and reduce unnecessary expenses especially in the civil dept.

@Emkyinshanworldofenthusiasm

12 күн бұрын

@@vister6757no one dare to touch civil dept, is a large number of voters

@jonyongkkkl5119

12 күн бұрын

I can already imagine eating a bowl of noodles in non-aircon stall for RM22.

@MSDGroup-ez6zk

6 күн бұрын

@@Emkyinshanworldofenthusiasm Peterson Institute has made a study about the word distribution of dollar reserve. The study was made in Dec 2023. On its finding 1. Asia held USD 5 T of USD reserve where Japan as one of the biggest USD reserve holder cannot use its own currency as its reserve while Europe can. 2. Europe held USD 1 T of USD reserve. This is 1/5 of what Asian held. 3. Middle East held USD 809 Billion of USD reserve 4. Africa only held USD 85 billion of USD reserve.

So in simple terms, the damage is too deep that it almost beyond recovery. All can hope is a superman who has like a master plan to guide it back to normal lol. Really boleh

It's good actually since many of the MNC have start to move the production from Singapore to Malaysia due to cheap cost even Rafizi Ramli also said that RM depreciation is a good scenario....

@virenpatel3663

Сағат бұрын

Yeah so that they can pay their employees lesser too in terms of wage

I am surprised to see that many people think this is a problem of the Malaysian government. Most of us in China have long realized that this is a currency problem caused by the tide of the US dollar. As long as international transactions are conducted in US dollars, when the United States cuts interest rates and expands its balance sheet, it will cause commodity prices to rise and cause other countries' currencies to depreciate. Currency depreciation is not that serious, and serious cases can even lead to national bankruptcy. It is a pity that I did not see any meaningful discussion in the comment section.

@zill8021

12 күн бұрын

Please don't bring China into this. Don't get political. Compare Malaysia to Singapore. Why Singapore depreciated less than Malaysia against the dollar?

@self..destroyer

12 күн бұрын

Thanks for that little bit of propaganda, China bot 😅

@ggen6580

12 күн бұрын

@@zill8021 ur country does not have the money to stabilize the exchange rate, and Singapore has enough reserves to fight against it.

@hailyrizzo5428

11 күн бұрын

@@zill8021 why can't we bring China into this. this is GLOBAL problem, not just Malaysia. he is only bring one example. Not just China but many currencies like the yen has fallen as well .

@aaap3875

11 күн бұрын

CCP Clown get out of Malaysian politics go back to China

That's what happens when a country prioritize something that's a few thousand of miles away from themselves instead of focusing on themselves

@tulipdaffodils2786

10 күн бұрын

You mean it is better for Malaysia to support Genocide? 😂

18:36 I literally spit out my drinks on this

The USD see-saw movement still shows the holding strength of the USD snd thr fesr that USD may move her towarfs the end of the year that Federsl Reservr may push interest rates higher to tame U.S. inflation, creating a bigger gap in the interest differential that will further depreciate RM

Big mistake for Malaysia to separate from parity with sing dollar and Brunei dollar.

@hengleekai7788

11 күн бұрын

Lucky for sing and brunsi

@fba90130

11 күн бұрын

No. This decision is one of the better ones. The economies of Singapore, Malaysia and Brunei are running at different speeds. The currency strength is a reflection of that. Keeping the Ringgit artificially high invites speculators. The country will be exhausted defending a currency that is too strong for its economy.

@LeeSkJohn-sv8wi

11 күн бұрын

@@fba90130 Unity is strength. Malaysia obviously made the wrong decision because of Dr Mahathir's bad intention.

@bestbeast74

11 күн бұрын

Yes...big mistake

@Jaguar0xf

11 күн бұрын

@@fba90130you must be stupid. If we didn’t get out of parity, we DONT HAVE TO go work in singapore now

This should be good for the tourism business

@russiasucks7170

12 күн бұрын

yes but tourism business is just one aspect. The country is facing a talent drain, and economic slow down

@hitthedeck4115

12 күн бұрын

Just like Japan and Yen am I right?

@Neeper78

12 күн бұрын

Yup. I’m coming to Asia this summer because of this.

@user-nf7im2wv3g

11 күн бұрын

nothing special in Malaysia tbh

As an Indonesian, i am looking forward to see Malaysia being close to Singapore. Drop racial and religious segregation, Indonesia has the same symptoms and it's detrimental to it's growth, the future of Indonesia are not that bright too. We'll see.

Malaysia just needs to produce its own food and some raw materials locally at least 30-50% of total imports then the price can go down.

nice documentary..but how can u missed Daim factor? does his offshore company own shares in cna too? btw, i see in comment section some chinese and indian complaining bout racism etc, but the fact is they choose this current gov, chinese thru dap is actually big part of PH gov under Anwar, still no satisfied? thats make one wonder bout ur intentions..chinese in malaysia will always wanted to leave at any chance given, its not about inequality i think it just simply payment is higher elsewhere same goes to malays as revealed in this doc large group of malays are actually migrating for better salary to Sg..some even dissatisfied with 13% hike in civil servant salary and somehow trying to relate wth this currency issue, when judging something with narrow minded mentality and malicious intentions of course it can take u to bad conclusion.

When we base our policies on race, religion, discrimination, and ketuanan, and we don't put the best based on merit in our administration, there's only one way we can go and that is spiralling downwards.

Simply put. The weakness of a currency against another is the net money flow of one against another. $$ is flowing out of malaysia to buy USD( bonds , goods etc) more than the other way round. I believe the worse of Rm depreciating against USD is over pinning hopes of USD cutting rates.

A weaker ringgit is beneficial for Malaysia because its a net exporter or if it wants a stable exchange malaysia central bank can move in lock step with FED similar to what the Philippines central bank but borrower has to pay the price.

When 70% of the population have the option to make payment to their religion organisation ( and those money used exclusively for them and promotion of their religion while the civil servants and development budgets are from the balance of the population it is not difficult to see that the finance of the country will be a mess.

@JackFrost-ib3xr

12 күн бұрын

BINGO 😂 hooray to religion. FK TYPE C, FK THE ECONOMY. WE GONNA SEND OUR KIDS TO INDONESIA AS LABOURERS IN 10 YEARS. YAYY.

@wongpohchan9485

12 күн бұрын

I've been wondering where all that collection has gone to! Building of mosques and paying the Imam's, etc, are from the kafirs'tax money. This collection need not be audited. How can Malaysia ever rise?

@JackFrost-ib3xr

11 күн бұрын

@@wongpohchan9485 Seems like Malaysia is running on non Muslim tax money.

@ssuwandi3240

10 күн бұрын

If they would use the mosque as a tourist attraction as an example . Don't just follow the West template because right now these countries have been running out of steam due to the aging population and slower growth. The reason that warfare becomes a solution without saying it out loud. You see China has found a secret formula with BRI projects as alternative contributions for exports. .

@thawfeeqjamaal1777

10 күн бұрын

So? Chinese Malaysians always have a problem with Muslim Malaysians, go back to China.

Malaysia need to increase interest rates. We just need to float and stabilized to a new normal. If we can just maintain 3.3 to sgd or 4.5 to the dollar. We should be able to hit a comfortable line for export and cost of inflation.

@yongkheankhoon6710

12 күн бұрын

If the central bank increase interest rates... the economy will be grow at a slower pace as the people has less money to grow the economy

@lofu32

12 күн бұрын

@@yongkheankhoon6710 I feel here is a balance. Should meet in the middle as I feel.interest rates is too low. I think alot of companies need cheaper exchange rate to operate better than higher loans. For example, this will affect investment on machineries that is needed to up skill and modernize the economy productivity.

@haryadiwijaya3304

12 күн бұрын

leave interest at first place, support entrepreneurship, spending and investment

@Acekiller22

12 күн бұрын

Malaysia household debt to GDP 85%, even slight increase in interest rate will reduce disposable income and spending, lower growth lower taxation lower investment will not be good for the economy

@leealex24

12 күн бұрын

RM will definitely strengthen in coming months as the number 1 reason for the depreciation is USD interest rate, this is happening in all currencies. In fact, the past few months, RM has strengthen against all regional currencies as economy picked up. I suspect USD -> MYR will be hit 4.5 by this year, hence, aligned with your statement.

somehow weak currency could boost export but bust import, in some sense it could be good for local producers of any kind of consumer items, but only a group or two rake it profit rather than everyone

My ex-colleague owns 6 houses, 2 cars and 5 motorcycles. Another one owns 3 houses, 3 cars and 2 motorcycles. All from years of working hard in Singapore. FYI, they work as blue collar technicians here, not some cushy corporate job. I work hard at the same job too but live only in a HDB flat and don't own any private vehicles. The SGD convert to MYR is indeed mighty.

This will only cause more Msian to wanna come SG to work...

lol Com’on CNA, you’re losing your credibility by interviewing the clown who said the way to improve Malaysian economy is to print more money.

@jc2h228

10 күн бұрын

It affects that guy's credibility. It's not a bad thing to allow people to showcase their stupidity. If anything it adds value by demonstrating the scale of the problem.

@MSDGroup-ez6zk

6 күн бұрын

@@jc2h228 Peterson Institute has made a study about the word distribution of dollar reserve. The study was made in Dec 2023. On its finding 1. Asia held USD 5 T of USD reserve where Japan as one of the biggest USD reserve holder cannot use its own currency as its reserve while Europe can. 2. Europe held USD 1 T of USD reserve. This is 1/5 of what Asian held. 3. Middle East held USD 809 Billion of USD reserve 4. Africa only held USD 85 billion of USD reserve.

@jc2h228

6 күн бұрын

@@MSDGroup-ez6zk Any connection to the subject or original comment?

@chiucheeyong

5 күн бұрын

Everyone know the problems but no one dare to address it. U know I know lah.

This is fantastic for exports!! No one is talking about that!!

A bit of contradiction to what's experienced on the ground. Low inflation, but yet "local" food increase almost 3 times. Haven't finished watching the doco but what the fundamental cause in Ringgit against other currencies?

Malaysians are obsessed with people like Akmal. Of course huge problem.

Change top management to the much hated Type C and things might improve a bit LOL

One of the reason is that Bank Negara Malaysia did not adjust the OPR rate …. If increase the Madani govt will be blamed by the B40 group n confirm gone in the next GE

Dude. Politicians stating inflation is due to the war in Ukraine are driving me crazy. Do Malaysians only eat potatoes and bread? Central banks around the world are increasing their balance sheets to crazy levels. What did you think would happen?

Malaysia Deficit -900,000,000,000.00 but Singapore Surplus +300,000,000,000.00

@Hahahaha10188

12 күн бұрын

Tat the difference

@mpdmpd8118

12 күн бұрын

if we don't have natural gas I think Malaysia will be the poorest country in this region lololol

@eugenearokiasamy5662

12 күн бұрын

Such a simple analysis. Lets see what happens to Singapore when the dollar crashes.

@Hahahaha10188

12 күн бұрын

@@eugenearokiasamy5662 simple analysis that ringgit doesn’t peg to any currency tat y keep weakening and so many years of championed in corruption!!! Is sg dollar crash and u see Asian including yourself will he crash 🤣

@mpdmpd8118

12 күн бұрын

@@eugenearokiasamy5662 go google how many tons of gold reserved does singapore has...if USD crash SGpore is the only country survive in this region. keep in mind sgpore runs of bunch of elite. on other hands Malaysia runs by pasar malam standard kind of politicians🤣🤣🤣

A weak RM makes Malaysian exports competitive & encourages tourism. Import substitution happens. In the long run its great for Malaysia as it creates jobs locally

Honestly speaking, the inflation rate seems not reliable. The same mixed rice I ate has inflated almost double.

As a decent Malaysian, the weakening of RM has made me to buy local products more, not to travel overseas anymore (my passport is full of empty pages), buy more 999 gold and reduce eating out (safer and cheaper).

I still remember anwar said " why ringgit down so much?, because government dont know how to take care of the country". But now hes in power, the ringgit become even worse. LOLOL

@ktng3176

12 күн бұрын

😮

@azim-azmi3584

12 күн бұрын

Not happy with Anwar administration, is it?? It's okay.. we can vote UMNO back to govern the country. Because PH is not better than UMNO

@leealex24

12 күн бұрын

Only against USD, others have strengthened the past 1 year.

@andytan911

12 күн бұрын

​​@@azim-azmi3584They were all from UMNO in case you forgot😂, so no difference who you vote for

@kururiee

12 күн бұрын

@@azim-azmi3584 Ironically we were better off under Najib (of all people). You still get RM5 chicken rice than the RM10 minimum that you have now.

someone like the guy who used Malaysia's money to study in Japan but then broke the bond after graduation is the main reason why the Malaysian government now is no longer keen to give scholarship to non-Bumiputras. I am also a Chinese and i understood why he did what he did but this is pure selfishness. if you want to study abroad, use your own money or your parent's money. don't use Malaysia's money and then ran away from your responsibilities. I am amongst the students who were denied a scholarship because of people like him despite having excellent grades. The university even blatantly told me the reason for rejection and did not deny that they will no longer give scholarships overseas to non-Bumiputras. Many argued I could question this decision but I know this is a waste of time.

@jt6231

11 күн бұрын

What is non-Bumuputras? Non Malay?

@sookphengwong7357

11 күн бұрын

@@jt6231 yes

@sookphengwong7357

11 күн бұрын

@YommSem i am unsure of the undergrad degrees. Mine is for postgrad degree. in my case, i was told that a majority of these scholarship holders graduated and never returned to Malaysia. They never paid back the bond. I guessed the university did not take action or follow up with them. so, the scholarship is essentially forfeited. in the end, to avoid any complications, any future overseas scholarships are only for Bumiputra applicants. I am unsure if this is for all universities but it is the policy for mine. For the undergrad degrees, maybe some of the applicants did pay back the bond but i highly doubt it. the amount is astronomical, especially for a 5 year medical degree.

@user-pc4wb6md6p

11 күн бұрын

Go study in Sg, dun waste time regrets no poin, YOLO ❤❤

@sookphengwong7357

10 күн бұрын

@@user-pc4wb6md6p Already did. went to UK instead on a full commonwealth scholarship and free as a bird.

With BRICS and many other nations wanting to join BRICS in decoupling the US dollar, Ringgit will be expecting a surge in value very soon.

The reeal impact of weaken RM is not fully felt due to high subsidies.

Malaysia top import country is China, and in fact China yuan vs ringgit has not changed much in the past 2 years.

@All-In-Tailor

12 күн бұрын

Have a wider horizon, 5 yrs or 10 yrs and see again.

@user-zk8fw9rl8l

12 күн бұрын

Yet over 80% of our international trade settlement is done in USD. Could this be a source of our high inflation as well ?

@serriajohn

12 күн бұрын

US FED is reaping Southeast Asia, Japan suffers the most, China & Malaysia trade using RMB or Malaysian currency might help a bit. Malaysia economy depends more on US therefore this causes a side effect, similar as 1996 economy crisis. Chinese RMB could be the strongest currency to upfront US dollar .

@linshuteng

12 күн бұрын

Malaysia is the next sri lanka. 😅

3:42 Having a more normal hairstyle might help too. Don't be weird, since some employers can be turned off. Even a slight hesitation is bad

@merrick6484

12 күн бұрын

😂

@Noor881291

12 күн бұрын

😂, it’s his rights man

@John_Smith_86

12 күн бұрын

@@Noor881291 Of course! But then he is complaining he doesn't have enough money though

Malaysia needs to purchase and hold Commodities in a debt & currency crisis. This will continue to decline so commodities will be stable or rise

The growth of thrift shops is astounding. Consumer waste from Japan is being imported and sold in large stores.

I went to US for college because I am a Chinese Malaysia. After graduated I stay in US and contributes to the country. I am the lucky one compare to many minorities that wasting their talent and life in that sorry place. Very sad. It is embarrassing to compare to Singapore.

@popcorn6931

5 күн бұрын

bumis wants you back to contribute to local economy... why are you working for the enemy?

@user-vv3se4wt7v

5 күн бұрын

@@popcorn6931if I go back I will become like the lazy Malay😂😂😂😂😂

@user-vv3se4wt7v

5 күн бұрын

@@popcorn6931 how about you?

@popcorn6931

5 күн бұрын

The msia that I like can only exist in my imagination…. Same boat as you

@user-vv3se4wt7v

5 күн бұрын

@@popcorn6931do you agree that Singapore is an authoritarian country?

Sgporeans so much win, they go JB to party every week. Go ktv, dirty massage parlors to spend their sgd lol

This isn’t the current government failing. It’s hard for the ringgit to rise since the majority are addicted to instant bail out. It won’t go any better. If it is , this government will fail. 🤷‍♂️

They label themselves as Unity Government. People of Malaysia believe this new government is leading them to a right direction. Good luck Malaysians!!!

thanks to PMX who cares for palestine than malaysia! the more he focus on palestine, the more malaysian suffer under PM palestine !

@ppipinping

12 күн бұрын

Hahah for the crappy job is he is doing, he probably needs Palestinian votes to stay in power .... for me he is like Palestine PM more than PM for Malaysia. When critical issues happen he is no where to be seen...

@midgelionhart

11 күн бұрын

Huh? What's kinda comment is this? You guys mental?immoral comment..

@Marcus-ow2no

11 күн бұрын

Only you both are living a bad life? 😅

Singapore GDP per capita 82000 Malaysia. 12000 This is what discrimination policy did to a country.

@noeminoemi1350

9 күн бұрын

most of that gdp is from inflated real state values.

@user-tw7kg3gu5m

9 күн бұрын

@@noeminoemi1350only Malay will say that. Good luck.

@nikhassan7713

7 күн бұрын

To add on that, Singapore population, 5,637mil (2022) and Malaysia 33,000mil (2022). The reason Singapore GDP higher than Malaysia not just population, but their GNP also taking over since 2017. Meanwhile, Indonesia which is far larger GNP, their GDP much lower due to larger population.

@MSDGroup-ez6zk

6 күн бұрын

@@noeminoemi1350 Peterson Institute has made a study about the word distribution of dollar reserve. The study was made in Dec 2023. On its finding 1. Asia held USD 5 T of USD reserve where Japan as one of the biggest USD reserve holder cannot use its own currency as its reserve while Europe can. 2. Europe held USD 1 T of USD reserve. This is 1/5 of what Asian held. 3. Middle East held USD 809 Billion of USD reserve 4. Africa only held USD 85 billion of USD reserve.

@noeminoemi1350

6 күн бұрын

@@user-tw7kg3gu5m Also a haven for money laundering because they have bank secrecy laws .

The region need to dedollarize. They should do what BRICS are doing trade in local currencies.

wow even singaporean have pity on malaysian right now anwar2, how you gonna do it? still making it super difficult to invest in malaysia. I tot you want to make some changes to the bureaucracy?

8:50 The statement is not accurate. Malaysia can't raise its interest rate not simply because "it would lower the economic growth". The actual reason is because Malaysia has a drowning National debt at 1.5 trillion ringgit (1,500,000,000,000) and the domestic household debt is very high as well. If they raised the interest rate higher, the debts would become more unmanageable (harder to pay the interests incurred by the debts), and it would make Malaysia a few steps nearer to bankruptcy. There is NO future for the Ringgit as Malaysia's government has been running a budget deficit for more than 20 years continuously, the country is SO addicted to borrowing more & more money for various subsidies and to feed the largely incompetent bloated civil servants. Therefore, there is only one way for the ringgit to go, that's to continue going downward until a breaking point at which the country falls into bankruptcy when the debt becomes unbearable.

@hindun9645

10 күн бұрын

yes the damage has been done and no way to recover from this

@namialus02

7 күн бұрын

Hey, stop bringing political propaganda from 6 years ago by PH. Our debt is currently at 65% of our GDP, which is still manageable. To compare, JAPAN, USA & SINGAPORE has a lot more debt, all are above 100% of their GDP, and japan has a whopping 255% debt compared to their GDP. If our national debt is critical, why PMX end up adding more than 100 million debt only within 1 year, since they’re the one who injected fear of national debt & ‘malaysia nak bankrap’ when they were in opposition?

@hindun9645

7 күн бұрын

@@namialus02 singapore hutang untuk invest asset luar negara sbb tu currency mereka kuat sbb rizab mereka besar. Malaysia hutang untuk tanggung kos operasi so tak ada return mcm Singapore. Hutang setiap tahun akan bertambah selagi kos operasi tak dikurangkan

@cthgbs6267

7 күн бұрын

@@namialus02 I regularly come across people like you who have very shallow knowledge about economy & finance. Singapore's "debt" is not real debt, their so-called "debt" is actually the investment monies that foreign investors deposited into the country due to the fact that Singapore is a regional financial hub. That investment money is deemed as a liability or debt owed to foreign investors. At the same time, that amount of money is registered as assets on the other side of the balance sheet. Hence the debt of Singapore is not something that has been borrowed and spent, the debt or liability can be offset immediately when the investors want to redeem their investments. They would sell the assets and return the investment monies to the investors. (Setting aside these investment monies, Singapore actually has got ZERO debt. That's why Singapore is so wealthy and SGD is so strong). Whereas for Malaysia, it has been borrowing money continuously for more than 2 decades and spent it immediately on the national budgets. The money has ALREADY been spent and is all GONE!! And then the country has to pay lots of interests due to the mounting national debt. At 3% interest rate with 1.5 trillion ringgit in debt, Malaysia needs to pay 45 billion ringgit annually to just to pay for the interests of the debt, that's not even repaying the principle. Are you able to understand these simple things or not? (Maybe I am just wasting time to explain to naive people like you who think it's okay to keep on borrowing without limit, and intent to selfishly pass down the debts to future generations and let them inherit a heavily devalued beaten-down currency.)

@cthgbs6267

7 күн бұрын

@@hindun9645 You are right.

Legends say that once upon a time Malaya cast out Singapore from the Malaysia Federation but today Malaysian what to be part of Singapore...moral of the story___________.

@os-vp1hv

12 күн бұрын

Singapore is city state and American bases. How can we compare with Malaysia. If Malaysia turn the water tap. 😂

@shomin9761

12 күн бұрын

Who tf want to part of sg lol.. We just want your money and live in Malaysia... With rts link this system will benefit us more😂😂

@espadanirvo1156

12 күн бұрын

Nah not at all.We just want your money not stay in your country..

@Noname-dr1jm

7 күн бұрын

@@espadanirvo1156 m.kzread.info/dash/bejne/dK6elbaCmN3NhZc.html