FILTER BY SECTIONS :
SORT BY :
RELEVANT
LATEST
OLDEST
SEARCH IN :
DATE FROM :
TO :
Malaysia – Purchasing power parity
25/04/2017 03:28 pm MYT
T +
T -

After moving in a narrow range in 2013-2014, the Ringgit began to depreciate substantially against the US$ from Dec 2014 onward and dropped below the lowest level last observed during the 1998 Great Asian crisis – see figure 1. As of Feb 2017, on a purchasing power parity basis, the Ringgit has remained undervalued against the US$ for more than two years – see figure 2. This was largely due to the collapse of global crude oil prices in 2014 followed by an interest rate hike by the US Federal Reserve towards the end of 2015. Malaysia’s inflation rate has stayed at an uncomfortably high level of around 4.3% in the first 3 months of 2017.

TOP
Note from Publisher
Despite being a multi-racial, multi-cultural, and multi-religious society, Malaysia has largely been a peaceful country. This is a great achievement in light of a world that is being ravaged by multiple conflicts. Unfortunately, certain individuals and groups have hated this precious social fabric of the country and are making every effort to tear it apart. People say “you never know what you have until you lose it”. We really hope these selfish and irresponsible people will come to their senses before it is too late.

Nevertheless, it is heartening to see that the Malaysian media and civil society organisations have collectively launched a campaign called “Maaf Zahir Batin Hari Hari” or known as #MZB365 to help heal a dividing Malaysia. Carrying the meaning of “please forgive my wrongs, both thoughts and deeds”, the campaign will run for one whole year. This initiative could not have come at a better time. We believe the majority of Malaysians still treasure the country’s unique social fabric. With #MZB365, hopefully the silent majority can have a bigger voice to counter the destructive noises of the divisive minority.
Announcement

Capital Dynamics Sdn Bhd and Capital Dynamics Asset Management Sdn Bhd, being capital market intermediaries licensed by the Securities Commission of Malaysia, are operating as usual in accordance with the Standard Operating Procedures prescribed by the relevant authorities. We will continue to take precautionary measures to protect our employees, clients and other stakeholders. You may reach us at +603-2070 2104 or 2105 or 2106 or email us at cdsb@icapital.biz (investment advisory) or enquiries@cdam.biz (asset management) for any enquiries.

7 Opne announcement
Stock Selections
Corporate News