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Malaysia and Singapore leaders signed an agreement on Tuesday to create a special economic zone to attract global investment and ease the cross-border flow of goods and people. Malaysian Prime ...
The COVID-19 pandemic in Malaysia has had a significant impact on the Malaysian economy, leading to the devaluation of the Malaysian ringgit (MYR) and the decline in the country's gross domestic product. The pandemic also adversely affected several key sectors including entertainment, markets, retail, hospitality, and tourism.
As one of three countries that control the Strait of Malacca, international trade plays a very significant role in Malaysia's economy. [40] At one time, it was the largest producer of tin, rubber and palm oil in the world. [41] Manufacturing has a large influence in the country's economy, accounting for over 40% of the GDP. [42]
Malaysia is preparing to join the BRICS group of emerging economies, Prime Minister Anwar Ibrahim said in an interview with Chinese media outlet Guancha. The BRICS group of nations originally ...
The Twelfth Malaysia Plan (Malay: Rancangan Malaysia Kedua Belas), otherwise known as the 12th Malaysia Plan and abbreviated as "12MP", is a comprehensive blueprint prepared by the Economic Planning Unit (EPU) of the Prime Minister's Department (PMO) and the Ministry of Finance. [1]
A special Conference of Rulers meeting was held on the morning of 28 February at the Istana Negara to discuss the current political climate in the country, with all state rulers or their crown princes in attendance. [96] They were also joined by General Affendi Buang, the Chief of Defence Forces, and Abdul Hamid Bador, the Inspector-General of ...
Following global trends and increasing environmental concerns, Malaysia recognized the pressing need for a transition to a green, sustainable economy. The Malaysian government announced a comprehensive plan that centered on sustainable development, green technology, biodiversity preservation , and climate change mitigation .
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]