Damansara, 14 Aug (a public holiday in Selangor): Of all the analyses on the outcome of the six-state elections, I like one dished out by Liyana Marzuki the most. The Scoop has the story: Mereka bukan menang besar, mereka hanya sembang besar [They didn’t win big, they only talked big].
The self-confessed Unity Government advocate didn’t mince her words in her analysis, reminding the people of how cocky Muhyiddin Yasin and Dr Mahathir Mohamad were in their prophecy of a landslide defeat for Anwar Ibrahim’s UG (the Bersatu president said Perikatan Nasional could win all 6 states if Malay voter turnout exceeded 90% while Dr M predicted a 1-5 defeat for Anwar).
She even made fun of Muhyiddin’s call for Anwar to step down after the state elections results were announced. (Read her FB at the end of this posting)
Pakatan Harapan retained Selangor, Penang and Negri Sembilan in the state elections while Perikatan Nasional got to keep Kedah, Kelantan and Terengganu. The outcome of the elections, one analyst told Bernama, “… will help clear up uncertainties in the local political scene, and will attract more foreign investors to the Malaysian stock market.”
Additionally, we can expect the overall outlook in the midterm to be positive buoyed by improving economic conditions, the same analyst said.
The outlook would have been grim if Mahathir or Muhyiddin’s prophecies had come true: the KLSE index and the Ringgit would have plumetted today and FDI would just go elsewhere (and not Kelantan, Kedah or Terengganu, for sure).
Liyana Marzuki’s analysis taken from her Facebook:
Liyana Marzuki.
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