Research houses positive on economic outlook after state elections

The just-concluded six state elections did not change Malaysia’s balance of power, despite opposition gains.

While the combined seat tally of the coalition partners in the ruling Pakatan Harapan-led unity government fell in all six states, Harapan retained comfortable majorities of 86 percent, 73 percent and 61 percent in Negeri Sembilan, Penang and Selangor, said research houses.

CGS-CIMB said that despite a reduction...