ID :
178855
Fri, 04/29/2011 - 12:27
Auther :
Shortlink :
https://oananews.org//node/178855
The shortlink copeid
RINGGIT'S APPRECIATION WILL NOT JEOPARDISE EXPORTS, SAYS M'SIAN PM NAJIB
PUTRAJAYA, April 29 (Bernama) -- Prime Minister Najib Razak said the
ringgit's recent appreciation has not jeopardised Malaysia's exports.
He said a stronger ringgit has, in fact, made the country's exports more
competitive.
"We must adjust. When we see the ringgit strengthening, we should use the
opportunity to make ourselves more competitive," he said at a press conference
after chairing the National SME Development Council meeting here Friday.
Najib also said this was also an excellent opportunity for companies to beef
up their internal processes by aquiring new equipment and ensuring a more
efficient supply chain.
"It will also enable structural adjustments to be made at the company and
organisation level, including, that of small-and-medium enterprises," the prime
minister added.
ringgit's recent appreciation has not jeopardised Malaysia's exports.
He said a stronger ringgit has, in fact, made the country's exports more
competitive.
"We must adjust. When we see the ringgit strengthening, we should use the
opportunity to make ourselves more competitive," he said at a press conference
after chairing the National SME Development Council meeting here Friday.
Najib also said this was also an excellent opportunity for companies to beef
up their internal processes by aquiring new equipment and ensuring a more
efficient supply chain.
"It will also enable structural adjustments to be made at the company and
organisation level, including, that of small-and-medium enterprises," the prime
minister added.