Strong Singapore Dollar a double-edged sword
47.2 هزار بار بازدید -
6 ماه پیش
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The Singaporean dollar, currently trading
The Singaporean dollar, currently trading at a historical high of RM3.54, against the ringgit, has sparked mixed reactions among Johoreans.
The dollar’s strength has seen higher numbers of Singaporeans crossing the border, leading to a retail resurgence for business owners and entrepreneurs.
However, some Johorean business owners say they are still burdened.
While most small- and medium-scale enterprise owners and entrepreneurs are enjoying a high shopper volume, additional foot traffic, it does not translate to lucrative profits given their high operating cost and the increased cost of living in Malaysia as the ringgit hits a new all-time low.
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The dollar’s strength has seen higher numbers of Singaporeans crossing the border, leading to a retail resurgence for business owners and entrepreneurs.
However, some Johorean business owners say they are still burdened.
While most small- and medium-scale enterprise owners and entrepreneurs are enjoying a high shopper volume, additional foot traffic, it does not translate to lucrative profits given their high operating cost and the increased cost of living in Malaysia as the ringgit hits a new all-time low.
----------------------------------
#NST #NSTTV
visit us at www.nst.com.my
our Facebook www.facebook.com/nstonline
more news at www.twitter.com/NST_Online
and also www.instagram.com/nstonline
6 ماه پیش
در تاریخ 1402/11/15 منتشر شده
است.
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