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The average household income of Malaysia increased by 18% to RM5,900 a month, compared to RM5,000 in 2012. According to a HSBC report in 2012, Malaysia will become the world's 21st largest economy by 2050, with a GDP of $1.2 trillion (Year 2000 dollars) and a GDP per capita of $29,247 (Year 2000 dollars).
e. The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. [1]
Corruption in Malaysia generally involves political connections still playing an important role in the outcome of public tenders. Business executives surveyed in the World Economic Forum's Global Competitiveness Report 2013-2014 reveal that unethical behaviours of companies constitute a disadvantage for doing business in Malaysia.
The 2020–2022 Malaysian political crisis was triggered after several Members of Parliament (MPs) of the 14th Malaysian Parliament changed party support, leading to the loss of a parliamentary majority, the collapse of two successive coalition governments, and the resignation of two Prime Ministers. The political crisis culminated in a 2022 ...
Malaysian Green Transition. The Malaysia Green Transition refers to the sustainable development strategy implemented by the Malaysian government to combat climate change, stimulate economic growth, and improve societal well-being. The shift towards a greener economy began in earnest in the early 2020s, with ambitious targets set to drastically ...
COVID-19 pandemic in Malaysia; Disease: COVID-19: Virus strain: SARS-CoV-2: Location: Malaysia: First outbreak: Wuhan, Hubei, China: Index case: Iskandar Puteri ...
Ministry of Defence. Ministry of Digital. Ministry of Domestic Trade and Costs of Living. Ministry of Economy. Ministry of Education. Ministry of Energy Transition and Water Transformation. Ministry of Entrepreneurship Development and Co-operatives. Ministry of Finance. Ministry of Foreign Affairs.
Corruption scandal involving the selling of fake Halal meat in Malaysia over a period of 40 years, discovered in December 2020. A meat cartel was smuggling meat from non-Halal certified sources like Brazil, Bolivia, Canada, China, Colombia, Mexico, Spain and Ukraine. The meat being smuggled included horse, kangaroo and even pork meat which were ...