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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 $14,800.
Malaysia's benchmark crude oil, Tapis Blend, is a light and sweet crude oil, with an API gravity of 42.7° and a sulphur content of 0.04% by weight. Malaysia held 87.8 trillion cubic feet (Tcf) of proven natural gas reserves as of 2021, and was the third-largest natural gas reserve holder in the Asia-Pacific region after China and Indonesia ...
The following table is the list of the GDP of Malaysian states released by the Department of Statistics Malaysia. [7] [8]Data for 2023 estimates (US$ 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])
[2] 24 February – 9 March – The 2002 Men's Hockey World Cup is held in Kuala Lumpur. 14 April – The Express Rail Link, Malaysia's first high speed train, is launched. [3] 15 April – Prime Minister Mahathir Mohamad leaves for Morocco on the first leg of a week-long tour which will also take him to Libya and Bahrain. [4]
The East Coast Economic Region (ECER; Malay: Wilayah Ekonomi Pantai Timur; Jawi: ولايه ايكونومي ڤنتاي تيمور) is an economic development region based on the east coast of Peninsular Malaysia, which covers the states of Kelantan, Terengganu, and Pahang, and the Johorean districts of Mersing and Segamat. [1]
The Department of Statistics Malaysia (DOSM; Malay: Jabatan Perangkaan Malaysia) is a government agency in Malaysia that operates under the Ministry of Economy.It is responsible for the collection and interpretation of reliable statistics related to the economy, population, society and environment of Malaysia which the government primarily uses to assess, review and implement national public ...
16 April – Tuanku Syed Putra of Perlis, 3rd Yang di-Pertuan Agong of Malaysia (b. 1920) 18 April – Ismail Khan, 6th President of the Dewan Negara (b. 1905) 19 April – Ong Kee Hui, politician and founder of the Sarawak United People's Party (b. 1914) 27 April – Yusof Rawa, 5th President of the Malaysian Islamic Party (b. 1922)
Government to allocate RM3 billion in soft loans under the Maritime Development Fund through Bank Pembangunan Malaysia. The fund is to provide financing to encourage the development of the shipping industry, shipyard construction, oil and gas as well as maritime-related support activities.