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One year after Malaysia's shock election, here's how Mahathir's government is doing

2019-05-10 09:40:34       source:CNBC

May 9, 2019


One year ago, Malaysians stunned the world when they toppled the political coalition that had governed the country for more than 60 years, and voted the opposition into power. The historic election win surprised even the victors themselves.


That surprise election outcome rocked financial markets, with investors selling down Malaysian stocks, bonds and currency in the immediate aftermath. But within the country, many were optimistic about the future under the rule of the opposition alliance Pakatan Harapan — the Malay language term for "alliance of hope."


"When Pakatan won the election, there were a lot of elevated expectations," said Harrison Cheng, associate director and lead analyst for Malaysia at risk consultancy Control Risks.


Read more:

https://www.cnbc.com/2019/05/09/mahathir-pakatan-harapan-government-one-year-after-shock-election.html