GE13 – BN retained control but loss more seats

A result that show more parlimental seats won by opposition.  A stronger divide between cities and rurals areas. More Chinese support to the oppositions.

Economy point of view, temporary clear of uncertainty will improve the currency and the stock markets. Mid to long term performance again will need to closely monitor how BN can merge its administration with a stronger oppositions from all cities. Of course also the Chinese where the most middle class group held.

Our focus will back to global impact from now as the GE13 is temporary passed. We will consider to diversify more investment to overseas as we believed that the result will not lead to a cultural change of mindset.