The Ringgit's time-ly comeback

The TIME magazine has placed Malaysia as second most corrupt nation after Brazil. Mmm. Before you get excited, please remember that this is the same TIME magazine whose unsolicited advise to Barack Obama with regards to our PM Najib Razak was totally disregarded last year by the US President. In fact, Obama went on to visit Malaysia not once but twice! The same fledgling magazine that informs its shirnking readership that nasi lemak - yes nasi lemak! - is one of the healthiest breakfast meals they could ever have! We Malaysians love our nasi lemak but we know better. [Hard to digest it's healthy].  

What the TIME is not likely to be excited about is despite all the bad press they and cousins WSJ and Sarawak Report have been giving us, there is plenty of good news. 

Our currency the dear Ringgit, for example, is making a quiet and strong comeback even as I write this! And the stock market's not doing too badly, either.

You can follow the Ringgit's progress h e r e.

And our economy is not doing too badly, all things considered. The China Railway's RM8billion hub right smack at the centre of the much maligned 1MDB is a major and - pardon the pun - timely boost.  Read also Uncertain economy no hindrance to affordable homes.

p.s After Lim Guan Eng's bungalow controversy and the Sports and Youth Ministry's RM100 million graft bust, the TIME magazine may revise Malaysia's position and place us ahead of Brazil! We can't wait for their next issue! :-)