SUBSCRIBERS

Najib vulnerable on rising costs as election looms

Published Sun, May 7, 2017 · 09:50 PM

Kuala Lumpur

MALAYSIA'S 1.6 million public servants have long been one of the most reliable vote banks for Prime Minister Najib Razak's ruling coalition, but as he prepares to seek re-election he faces warnings that soaring living costs risk eroding that support.

Prices have risen sharply since Malaysia cut state subsidies and launched a national goods and services (GST) tax to plug a hole in its finances caused by falling oil and gas revenues, and rank-and-file government workers say they are feeling the pinch. "My wife earns some side income doing freelance work, but we just can't sa…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here