Ministry of Higher Education data shows that in 2019, over 70,000 Malaysian students were studying abroad. The Covid-19 outbreak has disrupted many Malaysian students’ plans to study abroad, but it may not extinguish their dreams of pursuing an education overseas. Ministry of Higher Education data shows that in 2019, over 70,000 Malaysian students were studying abroad. These include foreign currency accounts and foreign currency unit trusts in Malaysia. Foreign currency accounts can be useful for Malaysians who work abroad, parents who have children studying overseas and expatriates.

Source: The Edge Markets October 11, 2020 22:52 UTC