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Launched on 21 September 2010, [1] it is a comprehensive economic transformation plan to propel Malaysia's economy into high income economy. The program will lift Malaysia's gross national income (GNI) to US$523 billion by 2020, and raise per capita income from US$6,700 to at least US$15,000, meeting the World Bank's threshold for high income nation. [2]
The Sabah Development Corridor or SDC (Malay: Koridor Pembangunan Sabah or Koridor Sabah) is a new development corridor in Sabah, Malaysia. The SDC was launched on 29 January 2008 by the Malaysian fifth Prime Minister, Abdullah Ahmad Badawi. The project is expected to take 18 years with total investment of up to RM 105 billion.
The Ministry of Tourism, Arts and Culture (Malay: Kementerian Pelancongan, Seni dan Budaya) is a ministry of the Government of Malaysia that is responsible for tourism, culture, archives, library, museum, heritage, arts, theatre, handicraft, visual arts, convention, exhibitions, Islamic tourism and craft.
RM400 million to fund the Penjana microcredit by Tekun and Bank Simpanan Nasional, with RM50 million for female entrepreneurs. RM1 billion for the tourism industry under the Penjana Tourism Funding. Cash-flow aid by SME Bank for G2 and G3 contractors that are awarded minor government projects.
In 2022, tourism contributed 14% to Malaysia's overall GDP. [6] The government agency in charge of promoting tourism in Malaysia is Tourism Malaysia or the Malaysia Tourism Promotion Board (MTPB). On 20 May 1987, the Ministry of Culture, Arts and Tourism (MOCAT) was established and TDC moved to this new ministry. TDC existed from 1972 to 1992 ...
Tourism Malaysia or Malaysia Tourism Promotion Board (MTPB) is an agency under the Ministry of Tourism, Arts and Culture, Malaysia. Tourism Malaysia, formerly known as the "Tourist Development Corporation of Malaysia (TDC)", was established on 10 August 1972.
In Malaysia, federal budgets are presented annually by the Government of Malaysia to identify proposed government revenues and spending and forecast economic conditions for the upcoming year, and its fiscal policy for the forward years. The federal budget includes the government's estimates of revenue and spending and may outline new policy ...
Khazanah is a company incorporated in Malaysia, and operates under the provisions of the Malaysian Companies Act. [12] [13] It is neither a government agency nor a statutory board, rather it is a national institution that served as a trustee that manages government-owned commercial assets and also investing in multiple high-tech and strategic sectors.