GENERAL

Singaporeans flock to Malaysia for bargains as dollar hits record high

Bloomberg News, Published on 08/02/2024

» SINGAPORE - Carman Lee is back in Ipoh, her hometown in northwestern Malaysia, after a seven-and-half hour bus ride from Singapore for the upcoming Lunar New Year. The Westin Singapore employee has another reason to celebrate this festive season: an all-time high local dollar that makes everything that much cheaper against the ringgit.