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3 November – The 2011 Seksualiti Merdeka event was banned by the federal government. 3 November – Malaysia has officially become a member of the Antarctic Treaty Pact. It is the first ASEAN country and the 49th nation to do so. 11 November – Four people were killed in the bus-trailer crash at North–South Expressway near Behrang, Perak.
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Inflationary pressures remained benign, and, as a result, Bank Negara Malaysia, the central bank, had been able to follow a low interest rate policy. The Malaysian economy recovered from the 1997 Asian Financial Crisis sooner than neighbouring countries, and has since recovered to the levels of the pre-crisis era with a GDP per capita of $14,800.
The economy of Malaysia (GDP PPP) in 2014 was $746.821 billion, the third largest in ASEAN behind Indonesia and Thailand and the 28th largest in the world. [6] [needs update] For further information on the types of business entities in this country and their abbreviations, see "Business entities in Malaysia".
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Sultan Abdullah of Pahang has been declared as the next Yang-Di Pertuan Agong after the decision was made in the Rulers Conference at Istana Negara. 14 September: New Malaysian coalition party, Muafakat Nasional was formed due to cooperation between UMNO and PAS against Pakatan Harapan. 2020: 25 January
The New Economic Policy (NEP) which began with the Second Malaysia Plan (1971–1975) and lasted until the Fifth Malaysia Plan (1986–1990), had three main objectives, namely: [1] To achieve national unity, harmony and integrity; Through socio-economic restructuring (of the society) To minimize the level of poverty in the country (poverty ...
The WTO General Council held an eighth WTO ministerial conference session in Geneva from 15–3 December 2011. Membership agreement were made for Russia , Samoa , and Montenegro , dependent on the ratification of those countries. [ 1 ]