Manufacturers and small and medium enterprises (SMEs) in Malaysia are worried about the fall of the ringgit and its impact on their businesses. However, export-oriented companies and the tourism sector may benefit from the weakened currency. The Federation of Malaysian Manufacturers suggests reducing reliance on the US dollar and increasing the use of alternative currencies like the Chinese renminbi, euro, and Japanese yen.
Manufacturers and SMEs in Malaysia are concerned about the fall of the ringgit and its impact on their businesses. However, export-oriented companies and the tourism sector may benefit from the weakened currency .
The Federation of Malaysian Manufacturers suggests reducing reliance on the US dollar and increasing the use of alternative currencies like the Chinese renminbi, euro, and Japanese yen.
Malaysia Manufacturers Smes Ringgit Export-Oriented Companies Tourism Sector Weakened Currency Alternative Currencies
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