Tidal wave: Malaysia's booming economy propels Prime Minister Mahathir's National Front coalition to a stunning general election victory

Article Abstract:

A resounding victory for the ruling National Front party in Malaysia's Apr 25 elections has scattered the opposition and secured Prime Minister Datuk Seri Mahathir Mohamad's position. The victory gave the National Front 161 of the 191 seats in Parliament. Kelantan state was the only one to go to the opposition, with a coalition between Pas and Semangat '46 getting 35 of the 43 seats, and in Sabah the PBS party mounted a stiff resistance. The three remaining opposition parties cannot work together, however.

Political aspects, Elections

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On a platter; Mahathir's blessings bring Yahaya Ahmad success

Article Abstract:

Yahaya Ahmad has emerged as one of Malaysia's most powerful businessman through a combination of hard work, luck and political patronage from Prime Minister Mahathir Mohamed. The Malaysian government has followed a policy of helping ethnic Malays out of poverty to bring them into parity with other races in the country. Privatization is a key to achieving this goal. Ahmad, an ethnic Malay, was allowed to purchase Hicom Holdings, a state-owned conglomerate, for $680 million in 1995.

Investments, Economic policy, Ahmad, Yahaya

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