Partyforumseasia: UMNO’s narrow victory of the May election (if it was a true one anyway as the opposition still doubts) seemed to suggest that the party cannot continue business (!!!!) and politics as usual. Reform should be the order of the post election period if the steady increase of support for the opposition coalition was to be stopped. The party leadership, instead, seems to see the way out in playing the Malay card again and forget about reform.
Asia Sentinel, 16 September 2013 (=link), sums it up in the formula:
Malaysia’s PM Capitulates to the Hardliners________________
“The Sept.14 announcement of an array of new economic benefits for ethnic Malays by Malaysian Prime Minister Najib Tun Razak represents the premier’s final post-election capitulation to radical Malay nationalists in the United Malays National Organization.
The new plan signifies a U-turn back to the New Economic Policy of affirmative action for ethnic Malays that was put in place in 1971 following disastrous 1969 race riots. Economists are largely in agreement that the policy has saddled the economy for three decades. Najib, an economist himself, has been attempting to undo the policy for three years through his 1Malaysia economic liberalization program. The new plan will play a major role in UMNO’s deliberations at its Oct. 5 annual general assembly and is key to Najib’s keeping his job, UMNO insiders say. If nothing else, it is recognition that reform inside the party is dead.”
Partyforumseasia is not surprised. PM Najib keeps his job but does not really look like a winner.