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(In my own opinion). Mahathir after 22 years is still try so hard to fight corruption, can Abdullah do magic in just one term?. (ANSWER is a BIG NO)
the problem is do u think he actually try 'VERY HARD' to fight corruption ? or was he involve in corruption too ?
You may make some Ringgit if you short BN owned coy across the causeway.
Even his own kaki when thing goes wrong, very wrong, never ask to step down, instead goes into another big job to make more $$$
Reminded me of what has happen to the other side of the coin here.
Mahathir has previously said he never intended for Abdullah to serve more than one term, and that he should have opted instead for influential deputy prime minister Najib Razak, who is now leader-in-waiting
"The problem is we (the government) have become so arrogant," said Mahathir, who has been angered that Abdullah dumped several of his pet projects
He has also faced flak for failing to act on election promises to eradicate corruption.
(In my own opinion). Mahathir after 22 years is still try so hard to fight corruption, can Abdullah do magic in just one term?. (ANSWER is a BIG NO)
Problem is Mahathir only said own people oni, other people's he don't say one, also they don't meet the people secession every week, so all under laying problem is sweep into the carpet, then hohh...when new owner require to clean the house. They never realise so much dirt is sweep under. U know and i know what happen next.
DIRT flew into their faces, except mahathir
anyone care to share if vested in any malaysia coy?
Problem is that Abdullah is made to do the thankless job of clearing up all the SH*T left over by Mahathir. Mahathir is the real culprit behind the downfall of UMNO. Mahathir ORCHESTRATED all the complaints, criticisms etc to the point that he destroyed any credibility left of UMNO.
Hope this will not make life difficult for S'pore, since the surest way to win popularity is to "bash S'pore".
I think that Abdullah is good for Singapore-KL bilateral ties. He seems more moderate and friendly towards Singapore.
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| KUALA LUMPUR (Thomson Financial) - Malaysian Prime Minister Abdullah Ahmad Badawi faced mounting calls to quit Sunday after his ruling coalition suffered a humiliating setback in elections seen as a referendum on his leadership
A visibly exhausted Abdullah conceded there was a question mark over his future after the Barisan Nasional coalition turned in its worst ever results Saturday, losing its two-thirds parliamentary majority and four states Asked if the outcome was a vote of no confidence in his leadership, which has been criticised as weak and ineffective, Abdullah responded: "Maybe. There are a lot of messages from the people." "There is no pressure at this time," he said when asked if he faced calls for him to resign But pressure did come, notably from former premier Mahathir Mohamad, who handed over to Abdullah in 2003 after two decades leading the United National Malays Organisation (UMNO) which dominates the Barisan Nasional coalition "My view is he has destroyed UMNO, destroyed the BN (Barisan Nasional) and he has been responsible for this," Mahathir told reporters He suggested Abdullah should resign, and admitted he had made a mistake in selecting him as prime minister "I think he should accept responsibility for this. He should accept 100 percent responsibility," he said. "I am sorry but I apparently made the wrong choice." Mahathir has previously said he never intended for Abdullah to serve more than one term, and that he should have opted instead for influential deputy prime minister Najib Razak, who is now leader-in-waiting "The problem is we (the government) have become so arrogant," said Mahathir, who has been angered that Abdullah dumped several of his pet projects "We suppress any opinion that we do not like and they begin to believe in their own reports which are not actually consistent with what is happening in the country." Abdullah won 91 percent of parliamentary seats in the 2004 elections, but analysts said he was being punished this time for high inflation, rising crime and mounting ethnic tensions He has also faced flak for failing to act on election promises to eradicate corruption Former deputy premier Anwar Ibrahim, who has now emerged as the opposition figurehead a decade after he was sacked and jailed, said the results defeated the "myth" that the ruling party was invincible "I can see some leadership turmoil happening in UMNO. They will have to reinvent by focusing on leadership change," he said Bridget Welsh, a Southeast Asian expert at Johns Hopkins University in the United States, said it was a "very tense" time for the party as it digested a vote that was a mandate for reform "The factions in UMNO are already asking for Badawi's resignation and this is a very significant development," said Welsh, who is currently in Malaysia "It's going to be very, very difficult for him to stay in power. The warlords in the system will push him because his administration has failed to address the voters' issues." Mukhriz Mahathir, the former premier's son and a member of UMNO's powerful youth wing who was elected to parliament for the first time on the weekend, urged Abdullah to "do the right thing" "It is yet to be seen what he will do but I think it's a very clear message that there is wholesale dissatisfaction with the prime minister for the way he has been running the country these four years," he said "I hope he takes heed of that message and does the right thing," he told Agence-France Presse. "We need to really do some soul searching." Ibrahim Suffian, of the Merdeka Centre research firm, said Abdullah faced a torrid time at UMNO party elections later this year if he did not resign "There will be some tough questions asked there," he said Under UMNO tradition, Najib is heir apparent to Abdullah and expected to become Malaysia's next prime minister, but Welsh said other contenders could emerge in a leadership battle afp/ms MMMM |
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| KUALA LUMPUR (Thomson Financial) - Malaysian Prime Minister Abdullah Ahmad Badawi has no plans to resign, his spokesman said Sunday, despite leading the ruling coalition to its worst-ever election results
"He has no intention to step down," the premier's spokesman Kamal Khalid told Agence-France Presse, although he admitted the premier was "surprised" by the scale of the setback "He has actually received quite a lot of support from senior party leaders and he is still on track to be sworn in tomorrow," he said Abdullah is facing growing calls to quit after the ruling Barisan Nasional (BN) coalition lost its two-thirds majority in parliament for the first time since 1969 and conceded four states to the resurgent opposition "The PM was surprised by the losses on Saturday, but having said that, although the government has not received a two-thirds majority, it was very close and the BN can still form the government," his spokesman insisted However Abdullah was savaged by former premier Mahathir Mohamad, who handed over to Abdullah in 2003 after two decades leading the United National Malays Organisation (UMNO) which dominates the coalition "My view is he has destroyed UMNO, destroyed the BN and he has been responsible for this," Mahathir told reporters He suggested Abdullah should resign, and admitted he had made a mistake in selecting him as prime minister "I think he should accept responsibility for this. He should accept 100 percent responsibility," he said. "I am sorry but I apparently made the wrong choice." afp/ms MMMM |
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| KUALA LUMPUR (Thomson Financial) - Malaysia's former premier Mahathir Mohamad said Sunday his successor Prime Minister Abdullah Ahmad Badawi has "destroyed" the ruling coalition after disastrous weekend elections
Mahathir, who led the ruling United National Malays Organisation (UMNO) which helms the Barisan Nasional coalition (BN) for 22 years before stepping down in 2003, lashed out after its worst performance in history "My view is he has destroyed UMNO, destroyed the BN and he has been responsible for this," Mahathir told reporters. He suggested Abdullah should resign, and said he had made a mistake in selecting him as prime minister "I think he should accept responsibility for this. He should accept 100 percent responsibility," he said. "I am sorry but I apparently made the wrong choice." Mahathir has previously said he never intended for Abdullah to serve more than one term, and that he should have opted instead for influential deputy prime minister Najib Razak who is now leader-in-waiting The Barisan Nasional suffered its worst ever result in Saturday's polls, losing its two-thirds majority in parliament for the first time since 1969 and conceding four more states to a resurgent opposition Abdullah was punished over rising crime and inflation in an election also tinged by rising racial tensions between majority Muslim Malays and minority ethnic Chinese and Indians "I think the people must have been very angry, all the races, Chinese, Malays and Indians," Mahathir said "The problem is we (the government) have become so arrogant. We suppress any opinion that we do not like and they begin to believe in their own reports which are not actually consistent with what is happening in the country." Abdullah was Mahathir's hand-picked successor when he stepped down, but after the new leader dumped several of his pet projects he began launching accusations of economic mismanagement, nepotism and corruption afp/ms MMMM |
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i expect KLCI to tumbles and probably STI will be affected slightly since we are neighbours. But only slightly. the majority of the drop will still be cause by DOW.
Just sharing my views.
Anyone care to comment on how will Singapore Stock Market get affected after the result of the Malaysia GE 2008.