Malaysia’s ringgit extended its worst start to a year since 2009 as a slump in Brent crude clouds the outlook for Asia’s only major net oil exporter just as uncertainty over China rattles global markets.
A slide in Brent to an 11-year low has prompted Prime Minister Datuk Seri Najib Tun Razak to review the 2016 annual budget.
Plantation Industries and Commodities Minister Datuk Amar Douglas Uggah Embas said last week that Malaysia risks losing RM300mil for every US dollar drop in oil.
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A slide in Brent to an 11-year low has prompted Prime Minister Datuk Seri Najib Tun Razak to review the 2016 annual budget.
Plantation Industries and Commodities Minister Datuk Amar Douglas Uggah Embas said last week that Malaysia risks losing RM300mil for every US dollar drop in oil.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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