"Despite all these headwinds, let us not forget that the Malaysian economy is fundamentally strong and resilient. Our strengths can be seen from eight factors," he said.First on the list of factors cited by Lim was the steady growth of Malaysian economy, driven by domestic and external demand. "In the medium-term, as the Government continues to improve our economic fundamentals, the ringgit will eventually reflect these positive developments. "There has been a positive outlook on the prospects of the economy since the General Election, according to Lim. "Similarly, the MIER business conditions index also registered 116.3 points in July 2018, its highest level since 2015," he said.

Source: The Star September 17, 2018 09:07 UTC