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Malaysia received its first loan from the IBRD in 1958. [4] The proposed loan expected the IBRD to provide 70% of financing, or around US$51.2 million. [5] These funds were commissioned for the Cameron Highlands District, approximately 100 miles of Kuala Lumpur, as a part of a comprehensive plan to develop energy infrastructure.
This was the first colonial claim in what is now Malaysia. [64] The son of the last Sultan of Malacca, Alauddin Riayat Shah II fled to the southern tip of the peninsula, where he founded a state that which became the Sultanate of Johor in 1528. [53] Another son, Muzaffar Shah I established the Perak Sultanate to the north.
Annexed by Britain as a Crown Colony in 1946, and became a part of Malaysia on 16 September 1963. Singapore Malaya [e] 16 September: 1963: Became self-governing on 3 June 1959, and became a part of Malaysia on 16 September 1963. Subsequently gained independence from Malaysia on the 9 August 1965. [13]
Central Bank of Malaysia, which known as Bank Negara Tanah Melayu, was founded. 19 August: The first election was held since Independence. The Alliance won most of the seats. 12 September: The first Malayan Parliament was opened by the Yang di-Pertuan Agong. 1960: 31 May: Malayan Banking Berhad, which known as Maybank, was incorporated. 22 June
It has a labour force of about 15 million, which is the world's 34th-largest. [210] Malaysia's large automotive industry ranks as the world's 22nd-largest by production. [211] Malaysia is the world's 23rd-largest exporter and 25th-largest importer. [212] [213] However, economic inequalities exist between different ethnic groups. [214]
The first English trader to visit the Malay Peninsula was Ralph Fitch who arrived in the 16th century. [3] However, the British only became formally involved in Malay politics in 1771, when Great Britain tried to set up trading posts in Penang , formerly a part of Kedah .
University of Malaya, Kuala Lumpur, Malaysia; HMS Malaya, a Royal Navy battleship which served in both world wars; Operation Malaya, a police investigation taking place in Spain; Malaya, a 1949 American war film set in Japanese-occupied Malaya; Malaya, a 1961 documentary film produced by Malayan Film Unit (later Filem Negara Malaysia)
The Federation became independent from British colonial rule and became an independent member of the Commonwealth of Nations on 31 August 1957. [ 2 ] [ 8 ] In 1963, the Federation was reconstituted as "Malaysia" when it federated with the British territories of Singapore , Sarawak , and North Borneo ; a claim to the latter territory was ...