|Palm Oil & Crude Petroleum|
|Planes, Helicopters & Space Crafts|
Malaysia is a federal constitutional monarchy located in Southeast Asia. It consists of thirteen states and three federal territories and it consists of thirteen states and three federal territories. Peninsular Malaysia shares land and a maritime border with Thailand and maritime borders with Singapore, Vietnam, and Indonesia. East Malaysia shares land and maritime borders with Brunei and Indonesia and a maritime border with the Philippines. The capital city is Kuala Lumpur, while Putrajaya is the seat of the federal government. Japanese invasion during World War II ended British domination in Malaysia. The subsequent occupation of Malaya, North Borneo, and Sarawak from 1942 to 1945 unleashed nationalism. In the Peninsula, the Malayan Communist Party took up arms against the British.
|Agriculture||Paddy, Coconut, Palm Oil, Rubber, Rice, Banana, Pineapple & Rambutan.|
|Manufacture||Electronics and its component, Automotive, Construction equipment and Defense.|
|Services (Including financial)||No Information|
|Palm Oil & Crude Petroleum|
|Planes, Helicopters & Space Crafts|
Bursa Malaysia is an exchange holding company approved under Section 15 of the Capital Markets and Services Act 2007. It operates a fully integrated exchange, offering the complete range of exchange-related services including trading, clearing, and settlement & depository services. Bursa Malaysia previously known as Kuala Lumpur Stock Exchange dates back to 1930 when the Singapore Stockbrokers' Association was set up as a formal organization dealing in securities in Malaya. The first formal securities business organization in Malaysia was the Singapore Stockbrokers' Association, established in 1930. It was re-registered as the Malayan Stockbrokers' Association in 1937. The Malayan Stock Exchange was established in 1960 and the public trading of shares commenced. The board system had trading rooms in Singapore and Kuala Lumpur, linked by direct telephone lines.
Following the Japanese occupation of Malaysia during World War II, a growing nationalist movement prompted the British to establish the semiautonomous Federation of Malaya in 1948. But Communist guerrillas took to the jungles to begin a war of national liberation against the British, who declared a state of emergency to quell the insurgency, which lasted until 1960. The independent state of Malaysia came into existence on Sept. 16, 1963, as a federation of Malaya, Singapore, Sabah (North Borneo), and Sarawak. In 1965, Singapore withdrew from the federation to become a separate nation. Since 1966, the 11 states of former Malaya have been known as West Malaysia, and Sabah and Sarawak as East Malaysia.
In 1970 three quarters of Malaysians living below the poverty line were Malays, the majority of Malays were still rural workers, and Malays were still largely excluded from the modern economy. The government’s response was the New Economic Policy of 1971, which was to be implemented through a series of four five-year plans from 1971 to 1990. The plan had two objectives: the elimination of poverty, particularly rural poverty, and the elimination of the identification between race and prosperity. This latter policy was understood to mean a decisive shift in economic power from the Chinese to the Malays, who until then made up only 5% of the professional class.
In the 1980s, Dr. Mohamad Mahathir succeeded Datuk Hussein as prime minister. Mahathir instituted economic reforms that would transform Malaysia into one of the so-called Asian Tigers. Throughout the 1990s, Mahathir embarked on a massive project to build a new capital from scratch in an attempt to bypass congested Kuala Lumpur. Beginning in 1997 and continuing through the next year, Malaysia suffered from the Asian currency crisis. Instead of following the economic prescriptions of the International Monetary Fund and World Bank, the prime minister opted for fixed exchange rates and capital controls. In late 1999, Malaysia was on the road to economic recovery, and it appeared Mahathir's measures were working.
Abdullah Ahmad Badawi
Lim Guan Eng
(4th Chief Minister of Penang)
The Malaysian ringgit (MYR) is the currency of Malaysia. It is divided into 100 sen (cents). The ringgit is issued by the Bank Negara Malaysia. The word ringgit is an obsolete term for "jagged" in Malay and was originally used to refer to the serrated edges of silver Spanish dollars, which circulated widely in the area during the 16th and 17th-century Portuguese colonial era. In modern usage, ringgit is used almost solely for the currency. The word ringgit is an obsolete term for "jagged" in Malay and was originally used to refer to the serrated edges of silver Spanish dollars, which circulated widely in the area during the 16th and 17th-century Portuguese colonial era. In modern usage, ringgit is used almost solely for the currency.
On 12 June 1967, the Malaysian dollar, issued by the new central bank, Bank Negara Malaysia, replaced the Malaya and British Borneo dollar at par. The new currency retained all denominations of its predecessor except the $10,000 denomination and also brought over the color schemes of the old dollar. Over the course of the following decades, minor changes were made on the notes and coins issued, from the introduction of the M$1 coin in 1967 to the demonetization of RM500 and RM1000 notes during the 1990s.
The first series of sen coins were introduced in 1967 in denominations of 1 sen, 5 sen, 10 sen, 20 sen, 50 sen, followed by the introduction of the 1 ringgit coin (which used the $ symbol and is the largest coin in the series) in 1971. While varied by diameters, virtually all the coins were minted in near-consistent obverse and reverse designs, with the obverse depicting the then recently completed Malaysian Houses of Parliament and the federal star and crescent moon from the canton of the Malaysian flag. All coins were minted from cupronickel, the only exception being the 1 sen coin, which was first composed from bronze between 1967 to 1972, then in steel clad with copper from 1973 on. The 50 sen coin is the only one in the series to undergo a redesign, a minor 1971 modification on its edge to include "Bank Negara Malaysia" letterings. The $1 coin has not been common in circulation since the introduction of the second series $1 coins.
Bank Negara Malaysia first issued Malaysian dollar banknotes on 6 June 1967 in $1, $5, $10, $50 and $100 denominations. The $1000 denomination was first issued on 2 September 1968. The first Malaysian banknotes carried the image of Tuanku Abdul Rahman, the first Yang di-Pertuan Agong of Malaysia and bore the signature of Tun Ismail bin Mohamed Ali, the first Malaysian Governor of Bank Negara Malaysia. On 16 August 1972, Bank Negara Malaysia adopted the official new spelling system of the national language, Bahasa Malaysia, into the printing of its currency notes while retaining the designs. The banknotes with new spellings are circulated alongside the old banknotes.
|GDP||$863.282 Billion USD|
|GDP Growth Rate||5.0 percent|
|GDP Per Capita||$27,266.65(PPP)|
61.3% Islam (Sunni)
King- Muhammad V
Prime Minister- Mahathir Mohamad
|Website||Go to the web|
|Public Debt||56.3 percent of GDP|
|Unemployment Rate||3.3 percent|
|Labor Force (Occupation)||-|