Overseas travel on the rise on back of ringgit’s strength

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Overseas travel on the rise on back of ringgit’s strength
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LONDON (Reuters) - The new British government's first international investment summit will feature senior executives from companies including Google, Wayve and Brookfield Asset Management, the government said on Saturday.

JOHOR BARU: The strong recent ringgit performance and more direct international flights have encouraged many Malaysians to travel overseas, in particular to East Asian countries.

“This is very positive for Malaysians looking forward to travelling again with travel agents seeing an increase of between 50% and 60% for bookings to overseas travel destinations,” she said yesterday. Bernama reported that Prime Minister Datuk Seri Anwar Ibrahim said the ringgit has yet to reach its fair value despite its recent rise against the US dollar and it is emerging as South-East Asia’s best-performing currency.

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