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The Twelfth Malaysia Plan ( Malay: Rancangan Malaysia Kedua Belas ), otherwise known as the 12th Malaysia Plan and abbreviated as " 12MP ", is a comprehensive blueprint prepared by the Economic Planning Unit (EPU) of the Prime Minister's Department (PMO) and the Ministry of Finance. [1] The blueprint is a continuation to the 11th Malaysia Plan ...
Shared Prosperity Vision 2030 (Malay: Wawasan Kemakmuran Bersama 2030), (abbreviated SPV 2030 or WKB 2030) is a government blueprint released in 2020 by the Government of Malaysia for the period of 2021 to 2030 to increase the incomes of all ethnic groups, particularly the Bumiputera comprising the B40 (lower income group), the hardcore poor, the economically poor, those in economic transition ...
COVID-19 pandemic. The COVID-19 pandemic in Malaysia has had a significant impact on the Malaysian economy, leading to the devaluation of the Malaysian ringgit (MYR) and the decline in the country's gross domestic product. The pandemic also adversely affected several key sectors including entertainment, markets, retail, hospitality, and tourism.
Google plans to invest $2 billion in Malaysia, developing its first data center and a Google Cloud hub in the latest big foray by a U.S. tech giant in the Southeast Asian country. The news follows ...
KUALA LUMPUR (Reuters) - Google will invest $2 billion in Malaysia to develop its first data centre and Google Cloud region in the country, the unit of Alphabet said on Thursday, the latest in a ...
Digital economy. The digital economy is a portmanteau of digital computing and economy, and is an umbrella term that describes how traditional brick-and-mortar economic activities (production, distribution, trade) are being transformed by the Internet and World Wide Web technologies. [1] [2]
The Digital Cooperation Organization (DCO) is a global multilateral body launched in November 2020. [3] It aims at enabling digital prosperity for all by accelerating the sustainable and inclusive growth of the digital economy and facilitating cooperation in response to the dynamic challenges of the digital era. [4]
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).