Najib Says Malaysia Polls Likely If Political Uncertainty Stays
(Bloomberg) -- Follow Bloomberg on LINE messenger for all the business news and analysis you need.
Malaysia's former leader Najib Razak warned of a “high chance” of elections if the nation's politics continue to be in turmoil.
The health ministry and the election commission should start drafting standard operating procedures for polls, Najib wrote in a Facebook post. He's currently a lawmaker and a member of the ruling United Malays National Organisation party, which has been in power for most of the country's history.
“This is because the majority of people already feel sick of the political drama happening today,” he wrote. If the turmoil continues until the country's leaders can't focus on reviving the economy, then most Malaysians would rather take the risk of dismissing parliament, he added.
Lawmaker support for Prime Minister Muhyiddin Yassin remains uncertain since he assumed power following a power struggle in February. It's unclear how many seats his administration commands, after parliament was limited to a single day sitting earlier this month, barring a confidence vote planned by the opposition.
Former Deputy Prime Minister and UMNO President Ahmad Zahid Hamidi earlier shared a photo of himself meeting Najib on Tuesday night. The caption read: “We are already preparing for elections. Are you all ready with us?”
©2020 Bloomberg L.P.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.