KUALA LUMPUR: A strong mandate for the Barisan Nasional will be good news for the country as Prime Minister Datuk Seri Najib Tun Razak will be able to push through the reforms needed to lift the economy to the next stage of development, say experts.
Credit Suisse analysts said there would likely be a relief rally should the current government win.
“The Economic Transformation Programme (ETP) can charge ahead in full steam, driven by Pemandu
(Performance Delivery Unit), which tells us the pipeline for private
investments in 2013 continues to be robust,” the investment house said
in a recent report.
It said the market expected Barisan to remain in power, albeit with a lesser majority.
Credit
Suisse, however, added that the quality of Barisan's win was crucially
important as a slim majority could signal political uncertainties.
“If
Barisan wins by a slim majority, the stock market might worry over an
internal leadership challenge or possible horse-trading,” the company
said.
It added that Barisan seats in the peninsular versus those
in Sabah and Sarawak would determine how much horse-trading would
happen.
Showing posts with label win for BN. Show all posts
Showing posts with label win for BN. Show all posts
Friday, 12 April 2013
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