Fitch Solutions: Malaysia risks investment troubles as political drama drags on | Malay Mail

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Fitch Solutions: Malaysia risks investment troubles as political drama drags on

Thursday, 01 Oct 2020 05:20 PM MYT

A week after opposition leader Datuk Seri Anwar Ibrahim laid claim to the premiership citing enough parliamentary support to form a new government, the political situation is fluid and the power to decide what happens next rests with a king who is currently hospitalised. The power struggles that have ensued since the end of decades of unbroken rule by one party in 2018 could sap confidence among multinationals beset by coronavirus-related problems, said the American Malaysian Chamber of Commerce.

He was accused of stealing power by shifting alliances instead of earning an electoral mandate and has rejected Anwar’s claim of legislative backing.

 

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Malaysia Malaysia Latest News, Malaysia Malaysia Headlines