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Malaysian ethnic policies in spotlight

By Wednesday March 11th, 2009 No Comments

The concrete husks that dot the landscape of Kuala Lumpur are ever-present reminders of the Asian financial crisis a decade ago. But the fear stalking Malaysia’s capital now is that they might be joined by a fresh batch of half-finished skeletons as the global financial crisis bites.

To combat the danger, Najib Razak, the finance minister, on Tuesday introduced a $16bn fiscal stimulus that must succeed if the government, led by the United National Malays Organisation, is to avoid giving further ground to the country’s resurgent opposition parties.

Copyright The Financial Times Limited 2009.

Source : Financial Times

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