By: Zaki Salleh
IPOH: Malaysia’s economy is currently on the right track to achieving sustainable and stable growth.
Jelapang assemblyman Cheah Pou Hian said the performance is driven by strong domestic economic fundamentals, rising exports and a high inflow of foreign investments.
He added that political stability and effective management of strategic economic policies have also contributed to investor confidence in the country’s economy.
“As of March 2026, Malaysia’s economy under the MADANI Economy framework has shown strong performance.
“Among the positive developments is the strengthening of the ringgit, which has reached its highest level in nearly eight years, around RM3.89 to RM3.99 against the US dollar,” he said.
He said this while speaking at the annual celebration held at Sri Mathuraiveeran Temple, which was attended by members of the local community.
Cheah also touched on current international developments, including the conflict involving Iran.
He said the conflict could potentially affect the global economy and indirectly impact Malaysia, but the government is closely monitoring the situation.
During the event, he also announced a contribution of RM3,000 to the temple to support its religious and community activities.
Temple management representative Thiben Chakravarthy expressed appreciation and gratitude to Cheah for the support given.
He also thanked devotees who had contributed donations to the temple.
