Economy / Malaysia
Mahathir Battle Risky For Ruling Party
June 2006 | Market StrategyThe Malaysian government earlier this week declared 'open war' against former prime minister Mahathir Mohamad after he harshly criticised his chosen successor, Prime Minister Abdullah Ahmad Badawi, over the past two months. BMI sees a risk that the public rift between the two men could jeopardise the unity of the ruling United Malays National Organisation (UMNO), and by extension, political stability. That said, open criticism will be good for transparency and political competition - things that will benefit Malaysia in the long
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