Search results
Results From The WOW.Com Content Network
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 ...
Transformasi Nasional 2050 (TN50, National Transformation 2050); was an initiative of national development that spans 30 years, from 2020 to 2050. [1] It was launched by the 6th Prime Minister of Malaysia, Najib Razak. The initiative was planned to be driven by clear goals and targets for the span of 30 years, which were to be developed through ...
The Ministry of Economy (Malay: Kementerian Ekonomi) is a ministry of the Government of Malaysia that is responsible for economy planning, statistics and socioeconomy planning. Organization [ edit ]
In view of economic slowdown amid the financial crisis of 2007–2010, Prime Minister of the then ruling Barisan Nasional (BN) government, Najib Razak in August 2009, stated that in order for Malaysia to achieve a developed nation status by 2020, the country has to grow at an annual rate of 8% over the next 10 years.
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.
The New Economic Policy (NEP) which began with the Second Malaysia Plan (1971–1975) and lasted until the Fifth Malaysia Plan (1986–1990), had three main objectives, namely: [1] To achieve national unity, harmony and integrity; Through socio-economic restructuring (of the society) To minimize the level of poverty in the country (poverty ...
Khazanah Nasional Berhad (lit. ' National Treasure Limited '; doing business as Khazanah Nasional or simply Khazanah) is the sovereign wealth fund of the Government of Malaysia. [2] One of the largest sovereign wealth funds in the world, [3] [4] it was established to invest surplus revenues for Malaysia. Through its investments and activities ...
The Ministry of Natural Resources and Environmental Sustainability (Malay: Kementerian Sumber Asli dan Kelestarian Alam) is a ministry of the Government of Malaysia that is responsible for natural resources, environment, climate change, land, mines, minerals, geoscience, biodiversity, wildlife, national parks, forestry, surveying, mapping and ...