Barisan Nasional has the edge among the business community although Pakatan Rakyat is seen as pro-market too.
Asian Strategy and Leadership Institute (Asli) chief executive officer Tan Sri Michael Yeoh noted that both sides are committed to economic growth and competitiveness.
difference is in the level of experience and track record, so in this
respect, Barisan has the edge because it has been in office for a long
time,” he said, adding the business community is more familiar with
Barisan and feel it is able to implement policies quicker.
“But in broad policies, both are pro-growth, pro-competition and market-oriented,” Yeoh said in an interview with SwitchUp.tv's GE13: The Showdown programme hosted by Anne Edwards.
Yeoh added that some of the suggestions in its recently-released manifesto may be too costly.
example, its plan to abolish toll on roads needs to be substituted with
higher income for the country. Where would the additional income come
Yeoh added that whatever perceived negative impact on the economy
should there be a change in government is mainly due to the business
community adopting a wait-and-see attitude.
“A new government
will take time to settle in and there will be some uncertainties in the
market because investors want to see what sort of policies will shape
Yeoh also said that if there was a change in government, movement in the leadership of government-linked companies was expected.
“The new leaders will review the business policies implemented.
“There may also be a transition period for the business community to get used to the leadership and policy changes.”
For more of the interview, log on to Star Online's web TV at http://SwitchUp.tv.
SwitchUp.tv is featuring a series of interviews with politicians and prominent figures as a run-up to the general election.