Sunday 23 October 2011

MALAYSIA: EFFECTS OF GLOBAL CRISIS FELT IN ASIA

MALAYSIAN ECONOMY ENTERS DIFFICULT PERIOD


Since the ruling BN (National Front) government suffered the unprecedented loss of its two- thirds majority, due to the successes of the opposition Pakatan Rakyat in the 2008 general election. it has been going all out to regain the lost ground by introducing government and economic transformation programmes. Recently, also to try and gain some popularity, it  announced plans to abolish the extremely unpopular and draconian Internal Security Act (while still retaining broad powers to try and suppress social movements that threaten its hold on power).