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Malaysia has a low official unemployment rate of 3.9%. [207] Its foreign exchange reserves are the world's 24th-largest. [208] It has a labour force of about 15 million, which is the world's 34th-largest. [209] Malaysia's large automotive industry ranks as the world's 22nd-largest by production. [210]
Malaysia is the global leader in terms of the sukuk (Islamic bond) market, issuing RM62 billion (US$17.74 billion) [4] worth of sukuk in 2014 - over 66.7% [5] of the global total of US$26.6 billion [2] [6] Malaysia also accounts for around two-thirds of the global outstanding sukuk market, controlling $178 billion of $290 billion, the global total.
The Goods and Services Tax (GST) is an abolished value-added tax in Malaysia. GST is levied on most transactions in the production process, but is refunded with exception of Blocked Input Tax, to all parties in the chain of production other than the final consumer. The existing standard rate for GST effective from 1 April 2015 is 6%.
From April 2012 to December 2012, if you bought shares in companies when Janice M. Babiak joined the board, and sold them when she left, you would have a 13.7 percent return on your investment, compared to a 3.2 percent return from the S&P 500.
Malaysia Airlines Flight 370 (MH370/MAS370) was an international passenger flight operated by Malaysia Airlines that disappeared from radar on 8 March 2014, while flying from Kuala Lumpur International Airport in Malaysia to its planned destination, Beijing Capital International Airport in China. [1] The cause of its disappearance has not been ...
The 2.02 million Indian community in Malaysia is the smallest of the three main ethnic groups, comprising only 6.6% of the total population excluding non-citizens as of 2021. Indians were brought in to Malaysia during the British colonial period in late 18th century and early 19th centuries.
In early 2020, Malaysia faced a political crisis, [20] concurrent with the COVID-19 pandemic, leading to political, health, social, and economic disruptions. [21] [22] The 2022 general election resulted in Malaysia's first hung parliament, leading to Anwar Ibrahim's appointment as Prime Minister on November 24, 2022. [23] [24] [25] [26]
However, new churches is allowed and easy to apply a new land in East Malaysia due to the 67.9% people living in East Malaysia is a Christians (based on diversity and harmony law in East Malaysia). Most of the time, new churches are started in a clandestine manner as ordinary businesses in shops, especially in major cities like Kuala Lumpur.