An honorable member of the Coffee Shop Has Just Posted the Following:
http://sgtalk.org/mybb/Thread-Reason...n-like-in-1998
Today 7:46 AM
Post: #1 klar 
Senior Member
Posts: 449
Reputation:
4 I know people close to me heavily invested in Malaysian properties. Is it advisable that they sell at least some now? Feel pain for fellow Singaporeans if they get clobbered again like CLOB.
http://www.bloomberg.com/news/articl...memories-of-98
Quote:Malaysia’s currency led losses in Asia over the past year with a 22 percent drop and is being battered by a political scandal, a yuan devaluation, slumping oil prices as well as the prospect of higher U.S. interest rates.
That compares with a 30 percent slide in the 12 months before Mahathir imposed capital controls in September 1998 and some investors say the risk of a repeat is fueling an exodus of money from Malaysia.
Click here to view the whole thread at www.sammyboy.com.
17-08-2015, 02:30 PM
Reasonable risk that Malaysia will impose capital controls again like in 1998?
