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More Malaysians ‘Satisfied’ Since Najib’s Takeover, Survey Says

By Sunday May 31st, 2009 No Comments

June 1 (Bloomberg) — More Malaysians are satisfied with conditions in the country, almost two months after Najib Razak took over as prime minister, a survey said.

According to a Merdeka Center poll e-mailed today, the first since the April 3 leadership change, 51 percent of respondents were “generally satisfied with the way things are going,” an increase from 36 percent from the last survey in March.

The prime minister has announced measures to liberalize the banking and services industries, and has released some prisoners held under a law allowing indefinite detention without trial.

Najib’s approval rating rose one percentage point to 45 percent since April 2, the highest since March 2008, the survey said.

Economic conditions and crime were the respondents’ top concerns, the survey showed. About 47 percent of Malaysians expect economic prospects to improve one year from now, compared with 31 percent in March, the survey showed.

The Merdeka Center, an independent research group based outside Kuala Lumpur, interviewed 1,067 Malaysians between May 6 and May 15. The margin of error was about 3.1 percent, it said.

Last week, Najib said Malaysia’s economy will shrink as much as 5 percent this year, lowering his full-year forecast from a contraction of 1 percent or growth by the same amount.

–Editor: Angus Whitley, Jake Lloyd-Smith

To contact the reporter on this story:Ranjeetha Pakiam in Kuala Lumpur at +603-2302-7856 or rpakiam@bloomberg.net

To contact the editor responsible for this story:Tony Jordan at +65-6212-1150 ortjordan3@bloomberg.net

Source : Bloomberg

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