Election jitters wipe out RM35b market cap



Bursa Malaysia mislaid RM35 billion market capitalisation last Monday as a FBM KLCI pluged 40.81 points, as financier took distinction following renewed choosing jitters.
The 2.4 % one-day plunge, its worst in eight months, followed heightened conjecture about Parliament being dissolved upon February 22 to pave a way for a long-awaited ubiquitous choosing by end-March.
Thebone of contentionis because must a entire nation; yes all of us..from corporate creation an investment decision, to lay adults about to plan anything serious like getting their kid married or formulation for a hajj trip, be subjected to this 'vagaries of an choosing date'. Providing a sure grade of 'fixedness' does help.
Perhaps it is high time that law-makers debatea bill to order upon 'fixed choosing date'. Surely experience everywhere globally as well as doubtless, there have been pros as well as cons to this issue. This writer is abundantly aware.
'Fixing' it to a full-term of 5 years for a portion government, barring any unforseen circumstances provided for by a Federal Constitution,will undoubtledly help remove a anguish of being especiallysubjected to a Prime Minister, who has never well known to put his weight upon anythingand evidently clueless as well as mostly times spineless, upon many an important process for a nation.
In a last analysis, a single is painfully reminded thattheunscrupulous political leaders will alwaysfind ways to surprise andcheat a electorates (rakyat)through any systems however brilliantly crafted as well as legislated, negative even 'God-sent'sigh.
Dr Dzulkefly Ahmad, Executive Director, PAS Research Centre.
Read More @ Source



More Barisan Nasional (BN) | Pakatan Rakyat (PR) | Sociopolitics Plus |
Courtesy of Bonology.com Politically Incorrect Buzz & Buzz

No comments: