MAS is in crisis after it posted a loss of RM2.5bn for 2011 while its short-term liquidity faces serious challenges with net current assets plunging deeper into the red to the tune of RM4.4bn.
Mar 022012
Oct 132009
The Pakatan needs to carry out a serious postmortem to find out why and how it was thrashed in Bagan Pinang.
Posters of the Kg Buah Pala demolition were found around Ladang Siliau in Bagan Pinang on nomination day – Photo by Tiger
In some ways, the BN victory was not unexpected. Perhaps the scale of the defeat surprised many. But a few keen political analysts noticed something amiss ahead of polling day and predicted that Isa would win comfortably as noted in my post here.
So far, many have pointed to some obvious reasons for the BN’s landslide win:
Pull factors:
- Isa was a popular, well-known – albeit tainted – local candidate.
- Bagan Pinang is an Umno stronghold.
- All kinds of promises and enticements were made, especially to army personnel about improved facilities.
- Questions about the postal balloting system persisted.
- And of course, the mainstream media were used in the campaigning (but then the last three points were no different from previous by-elections – except there were more postal ballots here).