Invest Offshore

Tag: Ringgit

  • Maximising returns with offshore investments

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    by

    Aaron
    in

    The liberalisation of foreign exchange and de-pegging of the ringgit for offshore investments has widened investment options for local investors with an appetite for overseas investments, said Alan Inn, head of investment and product development of CIMB Private Banking. “Having offshore investment is an effective way to diversify and enhance your portfolio’s return because investors…

  • Malaysian unit put on short leash

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    by

    Aaron
    in

    Speculators thought the Malaysian currency was a tiger. It turned out to be a kitten. A month after Malaysia unleashed the ringgit from the United States dollar, it has yet to live up to expectations for a sharp rise against the greenback and fat profits for foreign speculators. Instead, it has made only a meek…