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Malaysia's capital market crossed the RM2 trillion threshold for the first time at the end of 2010. The capital market had achieved an annual compounded growth rate of 11% from RM717bil in 2000 due to rapid economic expansion and strong regulatory oversight that underpinned investor confidence in the Malaysian capital market. [16]
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 ...
15 February – The pilot batch of Malaysia's first National Service program began their training at various camps across Malaysia. Two additional batches joined the program in mid-March. [5] 21 March – The 2004 General Elections. Barisan Nasional coalition won a landslide majority and retook Terengganu from the PAS. [6]
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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 overseas.
1 January – Visit Selangor Year 2000 officially began. [1] 1 January – Y2K passed without serious, widespread computer failures, as many experts and businesses had feared. [2] January – The KLSE Composite Index rose to 1,000 points. 20 February – Kota Kinabalu was granted city status. [3] 31 March–2 April – 2000 Malaysian motorcycle ...
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He also cited a 2004 statistic indicating that for every RM 1 earned by a Malay, a Chinese earned RM 1.64 as evidence that the income gap had not been eliminated. The Deputy Youth Chief, Khairy Jamaluddin , proposed increasing the target "quota" if non-Malays continued to allege that the 30% target had been met, as "By any yardstick, the Malays ...