CNA938 Rewind - The Big Question: Has the stronger Malaysian ringgit killed your JB weekend?
The Malaysian ringgit has strengthened significantly against the Singapore dollar, nearing about RM3 per S$1. A stronger ringgit would make cross-border trips and shopping in Johor Bahru relatively costlier for Singaporeans than before. Andrea Heng and Hairianto Diman look at what’s been driving this rally and how much impact the stronger ringgit has on travel flows to Malaysia, especially Johor Bahru. For that, they speak with Lavanya Venkateswaran, Senior ASEAN Economist, OCBC and Phil Goh, JB resident.