“Hopefully, the election will help stabilise the government because from an investment point of view, it is not as stable as it can be right now,” Federation of Malaysian Manufacturers Penang chairman Datuk Lee Tiong Li said.
“When there is an election, people run around more and travel for meetings. Hotels will benefit from this. Small and Medium Enterprises Association of Malaysia national president Kam Lian Hooi said the date of Budget 2023 being brought forward would not make much difference. “The business community, in particular SMEs, are tired with the political drama taking place in our country. We hope that the elected representatives will put Malaysia’s need, especially the economy, above their own personal need,” he said when contacted.
Johor Indian Business Association president P. Sivakumar said that tabling the Budget earlier was a clear sign that GE15 was getting closer.“Our country needs political stability to help us recover quickly from the global recession and inflation that is taking place,” he added.Perak MCA Youth chief Daniel Wa believed that the general election was not far off.