As Malaysia heads towards six decades of independence from Britain, its economy has never been stronger, with per capita income at an all-time high of $10,548, according to the IMF. Likewise, GDP rose to RM984.45bn ($307.25bn) in 2013, as per data from the Department of Statistics. In many ways, Malaysia has benefitted from its diverse ethnic...
The year 2015 is a landmark one for both Malaysia and ASEAN, as the 10-member grouping moves to establish the ASEAN Economic Community (AEC) under Kuala Lumpur’s (KL) chairmanship. Malaysia’s government has been gearing up for this challenge for some time too, signalling the approach it may take via a series of policy speeches. In these, Prime...
As well as being home to rolling hills, lush forests and a rich tropical coastline, Malaysia is blessed with plentiful hydrocarbons reserves and a well-educated, multilingual population. Such credentials continue to keep the country in good stead, with priorities centred on preparing it for the inception of the ASEAN Economic Community in 2015...
Possessing the highest mountain in Malaysia, along with its deepest canyon, Sabah offers visitors some truly spectacular attractions. Its forests contain unique flora and fauna, its coasts world-renowned beaches, and its vibrant towns and cities offer a welcoming and multi-cultural panorama. Leveraging these gifts with increasing success in recent years has been a...
Generating over 37% of GDP and contributing about RM263bn ($84.8bn) to GNI, the Greater Kuala Lumpur/Klang Valley (GKL/KV) region is the prosperous core and the administrative axis of Malaysia’s economic growth. In 2011, the number of people living in the region – which falls under 10 local authorities – hovered at about 6m, or around 20% of the...
It was in 2006 that the government first unveiled a major new tool in its strategy to help the country achieve fully developed nation status by 2020. Contained within the Ninth Malaysia Plan (9MP), released back then as the latest of the country’s five-year development programmes, was a section outlining the creation of five distinct regional...
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