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Malaysia's benchmark crude oil, Tapis Blend, is a light and sweet crude oil, with an API gravity of 42.7° and a sulphur content of 0.04% by weight. Malaysia held 87.8 trillion cubic feet (Tcf) of proven natural gas reserves as of 2021, and was the third-largest natural gas reserve holder in the Asia-Pacific region after China and Indonesia ...
In June 2021, Taiyo Yuden factory was forced to close down for 14 days due to a high number of COVID-19 infections amongst workers. [25] In September 2021, Tabung Ekonomi Gagasan Anak Sarawak (Sarawak people's Vision Economic Fund) (Tegas) Digital Village (TDV) was opened in the FIZ to promote digital innovation and entrepreneurship in the state.
The Ministry of Human Resources (Malay: Kementerian Sumber Manusia; Jawi: كمنترين سومبر مأنسي ), abbreviated KESUMA or MOHR, is a ministry of the Government of Malaysia that is responsible for skills development, labour, occupational safety and health, trade unions, industrial relations, industrial court, labour market information and analysis, social security.
Choosing a career can be overwhelming for many people, especially when it comes to high-paying jobs with room for growth. Read more to learn about the 10 best jobs for the future.
This is a list of Malaysian states and federal territories by Human Development Index (HDI) as of 2022. [1]This article uses the Malaysia Human Development Index (MHDI), which is an index developed by the Department of Statistics Malaysia (DOSM) to evaluate the level of human development which is the main criteria in measuring the progress of a country aside from economic aspects.
The following table is the list of the GDP of Malaysian states released by the Department of Statistics Malaysia. [7] [8]Data for 2023 estimates (US$ 1 = MYR 4.56 at 2023 average market exchange rate, [9] international $ (I$) using 2023 PPP conversion factor from World Bank (I$ 1 = MYR1.43) [10])
The Government Transformation Programme (GTP) is an effort by Malaysia's Government to address seven key areas concerning the people of the country. The programme was unveiled on 28 January, 2010, by Prime Minister Najib Razak, and is expected to contribute in making the country a developed and high-income nation as per its Vision 2020.
Many businesses experienced a turnaround after 1 April 2022 when Malaysia entered its transition and economic recovery phases. While food and beverage retailers rebounded, many department stores faced competition from online retailers. [7] On 3 August 2023, the World Bank praised Malaysia's post-COVID-19 economic recovery performance. While ...