Business groups call for 18-month pact to back new govt

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A cross-party pact is needed to make the “Malaysian Family” approach work, says two business groups.KUALA LUMPUR: The Malaysia-China Chamber of Commerce (MCCC) and Dewan Perdagangan Islam Malaysia (DPIM) hope that the 105 opposition members of Parliament would take a pragmatic approach in considering any offer from the new government.In a joint statement today, MCCC and DPIM said Malaysia needs a cross-party pact to both sustain the government for a minimum of 12-18 months and significantly improve the quality of policymaking and implementation.“Without political stability and better governance, Malaysia will lag behind neighbouring countries in the post Covid-19 recovery, which may push back our economic strength by one generation,” they said.Both chambers of commerce agree that Prime Minister Ismail Sabri Yaakob’s “Malaysian Family” approach could only materialise with a cro…