The Malaysia Election result last week was expected to be pro-opposition but was not expected that the Ruling Party will lose as many as five states to them. The KLCI dropped 9.5% today. Investors are worried about the political future of the country considering that a weak government will face difficulties in pushing for policies in a multi-racial society.
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PAS fights for Islamic rule, DAP fights for equal rights and pro-business environment, PKR fights more wealth sharing and BN can now only fight to ensure they can control the opposition well to push their policies.
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PAS fights for Islamic rule, DAP fights for equal rights and pro-business environment, PKR fights more wealth sharing and BN can now only fight to ensure they can control the opposition well to push their policies.
The Barisan Nasional Logo of the Scale is no longer balanced. Imagine the scale to be lopped towards either side. This is the result of dissent by the people. The government did not fulfil their promise of less crimes, less corruptions, more growth, more money.
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The situation does not spell well for Singapore because Abdullah is a very pro-Singapore leader. If he is ousted out by UMNO during the General Assembly later this year, there will likely be more tension with the future Prime Minister who is most likely be Najib, the deputy minister during Mahathir's era. Worst, what if the Prime Minister is Anwar. He is known to be unpredictable and cold/hot towards Singapore.
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Singapore must never come to a situation where PAP lose their power. We are a small country. Political Stability is very important for foreigners confidence. The weakened PAP will means a leaking boat and risk sinking into the open sea.
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Well, stock picking wise, it may be wise to keep out of Malaysia for a while. See how the opposition works and buy into the country later.
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