NEVER in the history of Malaysian politics has there been so much uncertainty after a general election. At the time of writing this letter, it’s almost four days after the 15th General Election (GE15) on Nov 19 and the lack of a prime minister candidate persists. Even after GE14 in 2018, when Barisan Nasional was toppled for the first time in 61 years, the PM candidate was swiftly announced and sworn in.
The uncertainty over the PM is sending jitters through the business community. On Monday, the first day Bursa Malaysia re-opened after GE15, some RM7.32bil was wiped off market capitalisation from the bourse. The anxiety in the business community is real.