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Later, Malaysia enjoyed faster economic recovery compared to its neighbours. The country has recovered to the levels of the pre-crisis era – as an example, the KLCI Composite Index reached 1,896 in 2014, significantly higher than the pre-crisis record of 1,275 in 1993.
The Eleventh Malaysia Plan (11MP) (Malay: Rancangan Malaysia ke-11) 2016–2020 is Malaysia's five-year development plan towards realising the goal of Vision 2020.The preparation of the 11th Malaysia Plan is based on the National Development Strategy of Malaysia (MyNDS) which focuses on the development of people-based economy and capital-based economy with the implementation of high impact ...
The approval of these licenses is a sharp break from Malaysia's history of domestically dominated and tightly regulated markets for financial services. Under Najib, the Malaysian central bank has increasingly allowed the ringgit to appreciate and has plans to allow settlement and borrowing denominated in ringgit to be conducted offshore.
The chief minister of Malaysia's Kelantan State also PAS (Islamic Party of Malaysia) spiritual leader Nik Aziz said that Thailand should consider introducing an affirmative action policy like Malaysia's to narrow the social and economic gap between the Muslims and non-Muslims and to put a plug to the surging violence in southern Thailand.
In early 2020, Malaysia faced a political crisis, [21] concurrent with the COVID-19 pandemic, leading to political, health, social, and economic disruptions. [22] [23] The 2022 general election resulted in Malaysia's first hung parliament, leading to Anwar Ibrahim's appointment as Prime Minister on November 24, 2022. [24] [25] [26] [27]
New villages (Chinese: 新村; pinyin: Xīncūn; Malay: Kampung baru), also known as Chinese new villages (Chinese: 华人新村; pinyin: Huárén Xīncūn, Malay: Kampung baru Cina), were internment camps created during the waning days of British rule in Malaysia.
MSC Malaysia, which known as Multimedia Super Corridor was founded. The corridor area begins with Kuala Lumpur, through Cyberjaya and Putrajaya and ends with Sepang, Selangor. 1 June: ASTRO, Malaysia's first subscription-based satellite television station which provide different channels, was founded. 3 August
It was initiated in September 1998 by Anwar Ibrahim, former Deputy Prime Minister of Malaysia, after he was sacked from his position by Malaysia's then-Prime Minister, Mahathir Mohamad. The movement, which began while the country hosted the Commonwealth Games , initially demanded the resignation of Malaysia's then- Prime Minister , Mahathir ...