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After flipping the table in 2018, Malaysia’s PH treats project rollbacks with caution
There is anxiety this time around with Anwar managing a challenging unity government
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While Malaysia’s PM Anwar Ibrahim is popular with foreign investors, triggering a battle of religious and nationalist rhetoric also makes the business community antsy.
PHOTO: AFP
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KUALA LUMPUR - The installation of the Anwar Ibrahim administration, after the Nov 19 election threw up a hung Parliament, saw a surge of confidence in Malaysia’s marketplace, especially with the return of a two-thirds parliamentary backing last seen 15 years ago.
But concerns linger over political and economic stability, amid the prospect of witch hunts as well as wholesale reviews and rollbacks of key projects.
