PM Lee, Singapore Government congratulate Mahathir Mohamad on swearing

Malaysia's shock election result leaves regional markets unmoved

Malaysia's shock election result leaves regional markets unmoved

Late last night, Prime Minister Lee Hsien Loong took to Facebook to extend warm wishes and congratulations to Dr. Mahathir Mohamad on being sworn in as the Prime Minister.

PM Lee said that he wished Dr Mahathir and his government all the best, and that he hopes to be able to catch up with Dr Mahathir in person, either in Kuala Lumpur or Singapore, very soon. Two days after the elections and one day after the new government were officially sworn into office, Mohamad said that the country's king will legally pardon Ibrahim. "The United States-Malaysia relationship is rooted in longstanding and strong people-to-people ties, shared democratic values, and commercial relations. We can do much more together", he said on his Facebook account.

The Singapore government was "closely following" developments in Malaysia, Chan was quoted as saying by The Business Times (BT).

"Longer term, the outcome is positive as Malaysia starts off on a renewed slate, however getting the economy back on track is critical", Madeleine Kuang, a portfolio manager with Fidelity International, wrote in a note.

Vodacom made R23.4 billion from mobile data in South Africa
Seven-million customers were added to Vodacom's network - 4.5-million in South Africa and 2.5-million in the global operations. Revenue from mobile money has become a significant contributor to the group, Vodacom said.

IPhone explodes in Los Vegas store next to employee
The good news is that no one was injured in the fiery explosion, though the employee's underpants are likely the worse for wear. The phone was reportedly brought to the store to replace the screen which had cracked after its battery has expanded.

Oppo Realme 1 Specifications Surface Online
Oppo is facing tough competition from Xiaomi which is now the top smartphone vendor in India with 31.1 per cent in the Q1. The Realme 1 is believed to feature a hybrid SIM slot, tipping that there will be support for expandable storage.

Mahathir was sworn in on Thursday evening as the 7th Malaysian prime minister. "We have had close relations and extensive cooperation with successive Malaysian governments, including the government of Tun Mahathir when he was previously Prime Minister", it said.

"I congratulated the winning of Pekatan Harapan in the 14th general election yesterday", said Jokowi to Mahathir, Thursday, May 10.

Mahathir Mohamad and his center-left political opposition electoral alliance, Pakatan Harapan, regain political power in the Southeast Asian country's federal parliamentary elections on May 9.

According to Thaksin, who was deposed by the Thai military in 2006 and now lives in exile, Mahathir's leadership would undoubtedly reinvigorate Asean as well as ideas and visions that he helped shape.

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