| Malaysia's currency unit is the ringgit, which is also called the Malaysian dollar. |
| The Asian financial crisis was in full throttle, and the Malaysian ringgit, along with most other regional currencies, was falling fast. |
| Many analysts are also of the view that the ringgit is undervalued, but the Malaysian government maintains that it is at a competitive level. |
| Another factor is speculation the Malaysian ringgit might be devalued and this put pressure on the Singapore dollar as well. |
| This year's sales are projected to expand by 5.85 billion ringgit from 4 billion ringgit last year. |
| The government instead is reducing the corporate tax only for small and midsize industries with paid-up capital of 2.5 million ringgit and less. |
