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Gangga Negara was a semi-legendary Hindu kingdom mentioned in the Malay Annals that covered present-day Beruas, Dinding and Manjung in the state of Perak, Malaysia with Raja Gangga Shah Johan as one of its kings. [62]
Tuanku Abdul Rahman of Negeri Sembilan was installed as the first Yang di-Pertuan Agong at Istana Negara. 17 September: Federation of Malaya joined United Nations. 30 October: Alliance Party was fully registered as coalition party. 1959: 26 January: Central Bank of Malaysia, which known as Bank Negara Tanah Melayu, was founded. 19 August
Inflationary pressures remained benign, and, as a result, Bank Negara Malaysia, the central bank, had been able to follow a low interest rate policy. The Malaysian economy recovered from the 1997 Asian Financial Crisis sooner than neighbouring countries, and has since recovered to the levels of the pre-crisis era with a GDP per capita of $14,800.
Malaysia has a low official unemployment rate of 3.4% as of 2024. [209] Its foreign exchange reserves are the world's 24th-largest. [210] It has a labour force of about 15 million, which is the world's 34th-largest. [211] Malaysia's large automotive industry ranks as the world's 22nd-largest by production. [212]
The same design concept is used in Malaysia's national emblem. In the middle is an oblong circle with a Malayan tiger in it. The National History Museum located near the Dataran Merdeka in Kuala Lumpur, Malaysia has a replica of the federation's flag.
Peninsular Malaysia, [a] historically known as Malaya, [b] also known as West Malaysia or the "Malaysian Peninsula", [c] is the western part of Malaysia that comprises the southern part of the Malay Peninsula on Mainland Southeast Asia and the nearby islands. [1]
Malaysia is forecasted to have a nominal GDP of nearly half a trillion US$ by the end of 2024. [25] The labour productivity of Malaysian workers is the third highest in ASEAN and significantly higher than Indonesia, Vietnam, and the Philippines. [26] Malaysia excels above similar income group peers in terms of business competitiveness and ...
As of 2008, although Malaysia is a de jure federation, many perceive it as a de facto unitary state - power is heavily consolidated to the federal government during Mahathir Mohamad's term as prime minister. [1] Some suggest that opposition triumphs in several of the 2008 state elections will alter the political climate and approach towards ...