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It would be grossly unfair to accuse the Government of not tackling the depreciation of Ringgit.

In his SPECIAL ADDRESS ON CURRENT DEVELOPMENTS AND GOVERNMENT’S FINANCIAL POSITION on 20th January 2015, the PM stated that in relation to the Ringgit, "we must closely monitor the following: First, the current account in the balance of payments must remain in surplus. Second, continue with fiscal reforms and consolidation and Third, economic activity must be further diversified to enable us to cope with falling crude oil and commodity prices."

On the balance of payments, rightly the current account would record a trade surplus of RM85.6 billion in 2014 with the country’s expected exports of RM762.8 billion and imports RM677.2 billion. The Government is confident that the current account will remain in surplus this year, although smaller in the range of 2% to 3% of Gross National Income or GNI.

Our fiscal reforms and consolidation is still on track with the revised fiscal deficit target of 3.2% of GDP in 2015. This is still lower than the fiscal deficit of 3.5% of GDP in 2014.

Finally, to further diversify the economic activity, three strategies to strengthen our economic

The past few years have seen pundits fretting over the future of the dollar, but it’s place has never been more secure.

Don’t look now, but the U.S. dollar is on a tear. Here’s Geoffrey Smith with the details:

The U.S. Dollar Index, which measures the buck against six major western currencies but not against emerging market currencies such as China’s yuan, has risen 7.1% in the third quarter, its biggest quarterly rise since the 2008 market panic . . . the world’s premier reserve currency is

The sad truth is we Malaysians are addicted to our subsidies. The laundry list of items and services that are subsidised is long – ranging from our daily food items, transport, medical and education. However, we can’t continue with these subsidies indefinitely not only are they unsustainable but also just bad fiscal management of our country’s wealth.

Fuel is one of the biggest subsidies in our country. In 2013, the cost of petrol and gas subsidies in Malaysia were estimated to be around RM45 –

Liverpool's win over Manchester United on Sunday put them 30 points ahead of their old rivals. The aim for United from last season would have been to close the gap on Jurgen Klopp's side, but instead it's widening: they were 31 back from Liverpool at the end of last term, and by the end of this one it could be nudging 50. For a point of reference, the most points United have ever finished in front of Liverpool in the Premier League era is 37, in 2011-12.

The odd thing about Sunday's game at

KUALA LUMPUR, March 20 (Bernama) -- The ringgit opened lower against the US dollar today on lack of demand for the local note as investors remained bullish on the greenback. At 9 am, the local note was quoted at 3.7125/7155 to the US dollar from Thursday's 3.7030/0080.

Meanwhile, the ringgit traded mostly lower against other major currencies. It depreciated to 2.6747/6788 versus the Singapore dollar from 2.6719/6769 on Thursday and eased to 3.0758/0788 against the yen from 3.0674/0728

mosques20 THE BIG national debate has returned: Is Malaysia an Islamic country or a secular state? The Muslim majority of the country’s 30 million people would probably say it is an Islamic nation while the 40 per cent that make up the non-Muslim population would insist it to be secular. There was a time when it did not matter because religious and racial issues were strictly avoided in public discussions and discourse between people of different faiths. And, because of this, there was no discord

There are slight changes to proceedings at Round 3 of the season as we head to Austin and the Circuit of the Americas

After tangoing in Termas it’s time to rodeo in Austin as the MotoGP™ paddock heads to the Circuit of the Americas for Round 3 of the 2019 season.

But what time does every session get underway at the Red Bull Grand Prix of the Americas? Well, as usual, Moto3™ kick us off on Friday morning at 09:00 local time (GMT-5) with FP1. However, unlike what we saw in Qatar and Argentina

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