19 Jun '15, 4am

Durian sellers' delight as Malaysian ringgit tanks

Durian sellers' delight as Malaysian ringgit tanks

File picture shows a worker at a durian farm. — AFP pic KUALA LUMPUR, June 19 — Sales have doubled at Uncle Lim’s durian farm as Singaporeans flood over the border into Malaysia to buy the spiky, stinky fruit, lured by the cheapest exchange rates since the countries separated 50 years ago. The Malaysian ringgit’s weakness means they can now buy at least two top-grade durians there for the price of one in Singapore. The Southeast Asian native fruit — known for its sweet, custardy flesh and banned from the city-state’s subways and hotels because of its pungent odor — can retail for more than S$40 (RM111.39) apiece in Singapore. “I receive a call every 10 minutes right now, on top of Facebook and WhatsApp messages,” said Wesley Loo, who organises bus tours to his father-in-law’s orchard in the southern Malaysian state of Johor. “One of the reasons is the weaker ringgit.” Sing...

Full article: http://www.themalaymailonline.com/money/article/durian-se...

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Weak Ringgit Makes King of Fruits a Bargain #Durian #FX #ASEAN

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Durian treat for Singaporeans from bumper crop

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