Malaysians continue to languish over the falling Ringgit as CDS traders place the country in the junk category.
Bank Negara Malaysia Governor Tan Sri Zeti Akhtar Aziz says everyone should start making financial adjustments in this challenging economic period.
More Malaysians could be losing their jobs as banks take measures to become more cost-efficient.
The Ringgit bounced back to cross 4.219 against the greenback.
The Ringgit fell to a new low against the Singapore dollar as domestic and foreign issues exert pressure on local currency.
Malaysians are urged by Prime Minister Datuk Seri Najib Tun Razak to make intellectual property a new source of wealth for the country.
Prime Minister Datuk Seri Najib Razak names 10 members to the economic committee to help Malaysia cope with the current market turmoil.
In theory, a weaker Ringgit should favour the local tourism industry, right? So why don't tourists want to visit Malaysia anymore?
Bank Negara Malaysia has no plans to peg the Ringgit despite continued volatility in the currency markets.
The current economic climate has many investors leery of real estate investment.