Focus People!!!

Kuala Lumpur Composite Index fell 123 points to 1173 points yesterday after the humiliating defeat of the ruling coalition. To be honest, anyone should have expected this after such election results. Investors are concerned about the investing climate in Malaysia, particularly in the opposition-led state. They are also concern about the future of the planned economic corridor after the ruling coalition lost two-third of its majority in the parliament.

While the drop in the market is pretty normal given the circumstances, I hope that the federal and state governments (especially the opposition-led ones) should issue a statement saying that investment climate will not change too much. The federal governments should also say that they will continue to work with the opposition-led governments for the betterment of the country and vice versa. And as far as I know only the designated Menteri Besar of Selangor, Tan Sri Abdul Khalid Ibrahim had issued such statement.

To all politicians, let’s just forget about the election and start to serve the Rakyat shall we?

[UPDATE] Penang Chief Minister Lim Guan Eng said that the state government will maintain a good rapport with the federal government. He is planning to meet the Prime Minister to do just that. If I am not mistaken, Penang is the only state where Tan Sri Dr. Koh Tsu Kun appeared together with Lim Guan Eng on public to handover the state government administration.

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