The recent Malaysia election says it all. Racial divide in Malaysia is evident and this is going to dampen investors' confidence in the fundamentals. Barisan Nasional did not manage a 2/3 majority and this results in losing rights to Consitution ammendment. The multi-billion corridors and Iskandar projects may be jeopardised. Time will only tell. Penang, technology hub of Malaysia, is lost to the opposition. This will mean plans for development of Malaysia's Silicon Valley may see a shift. Bills approval and Constitution ammendments may now take longer than usual.
My predictions is a sharp fall for Malaysia bourse on Monday 10 Mar 2008.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Singapore’s Land Transport Authority has just released an updated official MRT map including one additional station on the North East Line (... -
Google url shortener service, goo.gl , is now much improved with newly included features like easier copy and paste, and ability to delete e...
-
I would like to apologize that sigining of my guestbook is not possible at the moment due to an unexpected bug. There is already 74 entries ...
-
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
-
Installed FortiClient recently but the challenge in disabling the application/service from running automatically on every start-up annoyed m...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.