Segi Enam’s Research Principal, Khor Yu Leng, was recently interviewed by Channel News Asia (CNA) on her thoughts on Malaysia's economy due to the political situation as a result of Malaysia’s 15th General Election, which resulted in a hung parliament, the first in Malaysia’s history.
She shares her thoughts on the current status of the Budget 2023 and what are the policy changes Malaysia can expect to see.
Read the article here.
Segi Enam’s Research Principal, Khor Yu Leng, was recently interviewed by China Daily regarding Malaysia’s 15th General Election results, titled “Tight Election Leaves Malaysia in Limbo”. Below is an excerpt from the interview:
The hung parliament is the result of feuding among political elites and a highly polarized electorate, said Khor Yu Leng, director of Segi Enam Advisors, a consultancy in Singapore. Election Day produced "surprise upsets as big names were easily toppled by the green Islamic wave", she said.
She was alluding to PAS, which has adopted green as its party color, and how linking up with PN has "harnessed youth support" and won among swing voters.
There have been increasing chatter about GE15 in Malaysia. Many within UMNO are reportedly pressuring Prime Minister Ismail Sabri to call for a general election, with one source interviewed by the Malay Mail claiming that “the consensus of the top leadership of the party is that GE15 should be held sooner rather than next year.” Consequently, experts have began weighing the pros and cons of holding an election this year, especially given the last two years of regular pandemic-related lockdowns in Malaysia. Segi Enam Advisors Khor Yu Leng was invited to BFM to give her thoughts on the matter: Can We Afford GE15 Right Now
There have been calls from within UMNO for parliament to be dissolved and GE15 to be held as soon as possible. However, Prime Minister Datuk Seri Ismail Sabri has said that with inflation and the rising cost of goods, this isn't the right time. We look at where we are in our economic recovery and whether initiating an election could have repercussions.
Image Source: Gwoeii, Shutterstock; produced by: Natasha Fusil; presented by: Lee Chwi Lynn, Sharmilla Ganesan
