Wednesday 8 May 2013

BN win bodes well for Malaysia: investor group



By Farah Wahida:

Following Barisan Nasional’s (BN) victory in the 13th general elections, Malaysia is expected to become stable, peaceful and progressive, according to Datuk PHS Lim, President of Malaysian Investors Association.

“The elected government will most likely continue its transformation programmes with its people-first policy,” he told Bernama. The BN administration will also be more cautious about corruption due to Pakatan Rakyat’s allegations during the campaign period.

Regarding the defeat of BN’s Abdul Ghani Othman on Gelang Patah’s parliamentary seat, Lim said: “BN lost a battle but won the war in the GE13.”

The outgoing Chief Minister of Johor was defeated by DAP advisor Lim Kit Siang with a majority of 14,762 votes.

On the challenges that PM Najib will be facing, Lim explained that the prime minister has to fulfil BN’s election promises as well implement people-first policies and economic transformation programmes.

“He has to bring in foreign investments and perhaps introduce a Goods and Services Tax. He has to form a clean government perception, as corruption was widely alleged by the opposition,” he added.

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