F0117: Budgeting the Ringgit - Financial Experts Discuss the Ringgit’s Journey to RM5.00, Budget 2024 Impressions, and More.
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In this episode, financial experts Hann and Sani break down Budget 2024 and its potential impacts (both positive and negative) to the rakyat. We also discuss the ringgit’s road to RM5.00 and assets to consider with geopolitical tensions on the rise. Budget 2024 represents Anwar’s promise to aid lower-income groups, but does it stay true to its proposal?How did the local market and the ringgit react to Budget 2024?Will the removal of price ceilings on chicken and eggs trigger a surge in prices?Will the SST increase to 8% force businesses to raise prices?Is removing diesel subsidies a good move for the economy?The ringgit is now at its lowest level since the Asian Financial Crisis. Why is this happening? -------------- Hann is a personal finance expert with over a decade of experience in the financial industry. Previously the CEO of RinggitPlus, he is qualified as a licensed financial planner (CFP) and a chartered financial analyst (CFA), and has helped tens of thousands of Malaysians on their path toward financial literacy. Hann is currently the founder of Halogen Capital, the world's first Shariah-compliant crypto fund that provides institutional exposure to Bitcoin. Our other speaker, Mr. Sani Hamid, is an economist and certified financial planner (CFA). He’s a frequent commentator in the media and has over 30 years of experience in the financial markets, having worked for companies such as S&P Ratings as a Director in the sovereign team overseeing the ratings of countries such as Indonesia, India, Malaysia, and Singapore. Hann’s socials: https://twitter.com/ooihann Sani’s socials: https://twitter.com/sanihamid -------------- Your time is valuable and you hate sifting through the web for information. We get it, so let us do the work for you. By joining our WhatsApp group, you’ll receive financial updates - best FD rates, currency movements, and more on a daily basis. ✅ 102 people have joined, and only 2 unsubscribed (so far). ✅ We don’t spam. ✅ It’s $0.25/week. ✅ Pay monthly, cancel anytime. Try the First Week for Free: https://www.patreon.com/TheFuturizts -------------- DISCLAIMER: The information contained in this podcast is for informational and educational purposes only. Nothing herein shall be construed as financial, legal, or tax advice. The opinions expressed in this podcast are solely those of the speakers.
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