From Malaysian Insider
By Lee Wee Lian
KUALA LUMPUR, Feb 10 — Events since New Year’s Day have given the Hong Kong-based Political and Economic Risk Consultancy (PERC) the impression that the situation in Malaysia is becoming increasingly unstable.
In a blistering report on Malaysia released at the end of January, PERC also asserted that a group of elite minorities were dominating the national agenda to the extent that it was hurting Malaysia’s attractiveness to investors.
The consultancy, which also publishes reports on the risk ratings of other Asian countries, said it is “probable” that no other Asian country is suffering from as much bad press as Malaysia. Among the developments that caught its attention were the theft of military jet engines, detention of terror suspects from a number of African and Middle East countries following warnings that Islamic militants were planning attacks on foreigners at resorts in Sabah, renewed ethnic and religious “violence” that included arson at some churches and desecration of mosques, and controversy over the integrity of key institutions like the judicial system in the sodomy trial of opposition leader Datuk Seri Anwar Ibrahim.
“Events of the past month give the impression that pressures are building and the entire situation is becoming much more unstable,” said PERC.
















