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July 26 – August 11 : Malaysia at the 2024 Summer Olympics [28] July 28 – Malaysia formally applies to become a member of the BRICS economic bloc and geopolitical organization. [29] July 30 – Former Prime Minister Mahathir Mohamad is discharged from the National Heart Institute (IJN) after a two-week stay for treatment of a cough. [30]
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Malaysia is currently also the world's largest centre of Islamic Finance. Malaysia has 16 fully-fledged Islamic banks including five foreign ones, with total Islamic bank assets of US$168.4 billion, which accounts for 25% of the Malaysia's total banking assets. [127] This in turn accounts for over 10% of the world's total Islamic banking assets.
Download QR code; Print/export ... March 2021; October 2021; 2020 statement; ... Much of what was proposed was already incorporated in the 2023 2024 budget. [7] [8 ...
The 14th Parliament of Malaysia was dissolved on 10 October 2022, during a special televised address by Prime Minister Ismail Sabri Yaakob, following an audience with the Yang di-Pertuan Agong, Abdullah, a day prior, whereby he provided consent for the dissolution. The election had to be held within 60 days or by 9 December.
On 11 February 2021, it was reported that Malaysia's gross domestic product (GDP) had shrunk by 3.4% in the fourth quarter from last year. In addition, the Malaysian economy contracted 5.6% for all of 2020, its worst performance since the 1998 Asian Financial Crisis .
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Malaysia Day, held on 16 September to commemorate the formation of Malaysia, became a nationwide holiday in 2010. Before that it was celebrated only in Sabah, Sarawak and Labuan. New Year's Day is also observed as a public holiday in all Malaysian states, except for Johor, Kedah, Kelantan, Perlis, and Terengganu.