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According to a HSBC report in 2012, Malaysia is expected to become the world's 21st largest economy by 2050, with a GDP of $1.2 trillion (Year 2000 dollars) and a GDP per capita of $29,247 (Year 2000 dollars). The report also says "The electronic equipment, petroleum, and liquefied natural gas producer will see a substantial increase in income ...
On 2 May 2009, Prime Minister Najib Razak announced the government's plan to develop a new economic model that will speed Malaysia's transition to a high income country. . The plan will emphasise ways to increase the income and productivity of workers by encouraging knowledge industries and increasing investment from overs
The economic development plan was unveiled at a time when Malaysia was starting to recover from the Asian financial crisis and challenging economic conditions as a result of high oil prices. The US-led Iraq invasion in 2003 resulted in a rise in oil prices to about US$60/barrel by August 2005, which was a few months before the plan was unveiled ...
1 January – Visit Terengganu 2008 officially began. [1] 1 January – Kuala Terengganu achieved city status. [2] 2 January – Chua Soi Lek resigned as Health Minister, MCA vice-president, Johor MCA chief and Labis MP due to a sex tape scandal. [3] 3 January – Minister of Housing and Local Government, Ong Ka Ting was appointed acting Health ...
The following table is the list of the GDP of Malaysian states released by the Department of Statistics Malaysia. [7] [8]Data for 2023 estimates (US$ 1 = MYR 4.56 at 2023 average market exchange rate, [9] international $ (I$) using 2023 PPP conversion factor from World Bank (I$ 1 = MYR1.43) [10])
To rejuvenate the economy, massive government spending was made and Malaysia continuously recorded budget deficits in the years that followed. Economic recovery has been led by strong growth in exports, particularly of electronics and electrical products, to the United States, Malaysia's principal trade and investment partner.
The East Coast Economic Region (ECER; Malay: Wilayah Ekonomi Pantai Timur) is an economic development region based on the east coast of Peninsular Malaysia, which covers the states of Kelantan, Terengganu, and Pahang, and the Johorean districts of Mersing and Segamat. [1] ECER is also one of the three economic corridors launched in Peninsular ...
Download as PDF; Printable version; In other projects ... Pages in category "2008 in Malaysia" The following 11 pages are in this category, out of 11 total.