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Politics of Malaysia takes place in the framework of a federal representative democratic constitutional monarchy, in which the Yang di-Pertuan Agong is head of state and the Prime Minister of Malaysia is the head of government. Executive power is exercised by the federal government and the 13 state governments.
MSC Malaysia, which known as Multimedia Super Corridor was founded. The corridor area begins with Kuala Lumpur, through Cyberjaya and Putrajaya and ends with Sepang, Selangor. 1 June: ASTRO, Malaysia's first subscription-based satellite television station which provide different channels, was founded. 3 August
The Cabinet of Malaysia was dissolved, per Article 43(5) of the Constitution of Malaysia. [ 74 ] [ 75 ] Pakatan Harapan lost its majority in the parliament after Bersatu and Azmin Ali's-led PKR faction of eleven MPs withdrew from the coalition at 2 pm. [ 76 ] A representative of the palace then announced that the Agong would interview all 221 ...
The 1Malaysia Development Berhad scandal is an ongoing political scandal in Malaysia, [1] in which then-Prime Minister Najib Razak was accused of channeling over RM 2.67 billion (approximately US$700 million) into his personal bank accounts from 1Malaysia Development Berhad (1MDB), a government-run strategic development company.
Malaysia´s economic development was remarkable, given its troubled beginnings in the early 1960s and the ethnic partitions that were inherited from centuries of segmented economic development. [3] In the 1970s, Malaysia began to imitate the four Asian Tiger economies (South Korea, Taiwan, the then British Crown Colony of Hong Kong, and ...
On 28 May 2021, Prime Minister Muhyiddin announced that a nationwide "total lockdown" or Full Movement Control Order (FMCO) will be imposed on all social and economic sectors in Malaysia from 1 June to 14 June 2021. Under this lockdown, only essential economic and social services listed by the National Security Council will be allowed to ...
In 2023, the Malaysian government unveiled an industrial policy, the New Industrial Master Plan (NIMP) 2030, a guideline for the nation's manufacturing sector to grow and achieve macroeconomic targets, aiming for RM587.5 billion (from RM364.1 billion) contribution to Malaysia's GDP, 3.3 million (from 2.7 million) employed persons and a median ...
Under Prime Minister Abdul Razak Hussein, Malaysia shifted its policy towards non-alignment and neutrality.Malaysia's foreign policy is officially based on the principle of neutrality and maintaining peaceful relations with all countries, regardless of their ideology or political system, and to further develop relations with other countries in the region. [1]