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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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Malaysia’s Prime Minister Anwar Ibrahim holds a document during a press conference to announce new cabinet members at the Prime Minister’s office in Putrajaya on December 2, 2022. (Photo by Arif Kartono / AFP)

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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- 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.

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