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Malaysian Economic Policy Under Prime Minister Najib
The economic policy of the Najib Razak government marked a significant shift away from the state-oriented economic programmes of previous Malaysia, Malaysian governments. Najib Razak's government introduced various policies to liberalise the Economy of Malaysia, economy during his premiership from 2009 to 2018. This included a New Economic Model, Subsidy reform in Malaysia, subsidy reforms, international Free trade agreement, free trade agreements and stimulus packages. New Economic Model On 2 May 2009, Prime Minister Najib Razak, Najib Tun Razak announced the government's plan to develop a new economic model that will speed Malaysia's transition to a high income country. The plan will emphasise ways to increase the income and productivity of workers by encouraging knowledge industries and increasing investment from overseas. The goal of the NEM, according to Najib, is to "transform the Malaysian economy to become one with high incomes and quality growth" by 2020. At the time ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mohd Najib Bin Tun Abdul Razak World Economic Forum 2013
Muhammad (), also spelled Muhammed or Muhamad or Mohammad or Mohammed or Mohamed or in a variety of other ways, is an Arabic given male name literally meaning 'Praiseworthy'. The name comes from the passive participle of the Arabic verb (حَمَّدَ), meaning 'to praise', which itself comes from the Semitic root#Triconsonantal roots, triconsonantal Semitic languages, Semitic root Ḥ-M-D. Believed to be the most popular name in the world, by 2014 it was estimated to have been given to 150 million men and boys. The name is banned for newborn children, in the Xinjiang region of China since 2017, as well as for the Ahmadis in Pakistan, Ahmadi community in Pakistan. Lexicology The name ' is the standard, primary Romanization of Arabic, transliteration of the Arabic given name, , that comes from the Arabic Voice (grammar), passive participle of ''ḥammada'' (), ''praise'', and further from Semitic root#Triconsonantal roots, triconsonantal Semitic root Ḥ-M-D (''praise''); hence ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Sector
The private sector is the part of the economy, sometimes referred to as the citizen sector, which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government. Employment The private sector employs most of the workforce in some countries. In private sector, activities are guided by the motive to earn money. A 2013 study by the International Finance Corporation (part of the World Bank Group) identified that 90 percent of jobs in developing countries are in the private sector. Diversification In free enterprise countries, such as the United States, the private sector is wider, and the state places fewer constraints on firms. In countries with more government authority, such as China, the public sector makes up most of the economy. Regulation States legally regulate the private sector. Businesses operating within a country must comply with the laws in that country. In some cases, usually involving multina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Policy In Malaysia
In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichkeit'' or public sphere. The concept of a public has also been defined in political science, psychology, marketing, and advertising. In public relations and communication science, it is one of the more ambiguous concepts in the field. Although it has definitions in the theory of the field that have been formulated from the early 20th century onwards, and suffered more recent years from being blurred, as a result of conflation of the idea of a public with the notions of audience, market segment, community, constituency, and stakeholder. Etymology and definitions The name "public" originates with the Latin '' publicus'' (also '' poplicus''), from '' populus'', to the English word 'populace', and in general denotes some mass population ("the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic History Of Malaysia
Since its formation in 1963, Malaysia's economic performance has been one of Asia's best. Real gross domestic product (GDP) grew by an average of 6.5% per year from 1957 to 2005. Performance peaked in the early 1980s through the mid-1990s, as the economy experienced sustained rapid growth averaging almost 8% annually. High levels of foreign and domestic private investment played a significant role as the economy diversified and modernised. Once heavily dependent on primary products such as rubber and tin, Malaysia today is an upper middle-income country with a multi-sector economy based on services and manufacturing. Malaysia is one of the world's largest exporters of semiconductor components and devices, electrical goods, solar panels, and information and communication technology ( ICT) products. Early and colonial history The Malay Peninsula and has been a centre for trade for centuries. Various items such as porcelain and spice were actively traded even before Malacca and Sin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Footnotes
A note is a string of text placed at the bottom of a page in a book or document or at the end of a chapter, volume, or the whole text. The note can provide an author's comments on the main text or citations of a reference work in support of the text. Footnotes are notes at the foot of the page while endnotes are collected under a separate heading at the end of a chapter, volume, or entire work. Unlike footnotes, endnotes have the advantage of not affecting the layout of the main text, but may cause inconvenience to readers who have to move back and forth between the main text and the endnotes. In some editions of the Bible, notes are placed in a narrow column in the middle of each page between two columns of biblical text. Numbering and symbols In English, a footnote or endnote is normally flagged by a superscripted number immediately following that portion of the text the note references, each such footnote being numbered sequentially. Occasionally, a number between brack ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Knowledge Workers
Knowledge workers are workers whose main capital is knowledge. Examples include programmers, physicians, pharmacists, architects, engineers, scientists, design thinkers, public accountants, lawyers, editors, and academics, whose job is to "think for a living". Definition Knowledge work can be differentiated from other forms of work by its emphasis on "non-routine" problem solving that requires a combination of convergent and divergent thinking. But despite the amount of research and literature on knowledge work, there is no succinct definition of the term. Mosco and McKercher (2007) outline various viewpoints on the matter. They first point to the most narrow and defined definition of knowledge work, such as Florida's view of it as specifically, "the direct manipulation of symbols to create an original knowledge product, or to add obvious value to an existing one", which limits the definition of knowledge work to mainly creative work. They then contrast this view of kn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Times (Kuala Lumpur)
The ''Business Times'' of Kuala Lumpur has been published in Malaysia since 4 October 1976. It is part of the ''New Straits Times'' publishing group. The newspaper has been incorporating with the ''New Straits Times'' since 1 June 2002. History The ''Business Times'' originally distributed with ''The Straits Times'', both published in Singapore. After new law in both Singapore (1975) and Malaysia (1970s) regarding ownership of the publisher, the ''New Straits Times The ''New Straits Times'' is an English-language newspaper published in Malaysia. It is Malaysia's oldest newspaper still in print (though not the first), having been founded as ''The Straits Times'' on 15 July 1845. It was relaunched as the ' ...'' was founded in Kuala Lumpur on the basis of ''The Straits Times'', Malaysia edition. The ''Business Times'' followed the foundation of the ''New Straits Times'' and rebirth in Kuala Lumpur also. External links Business Times of Kuala Lumpur Newspapers published in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manmohan Singh
Manmohan Singh (; born 26 September 1932) is an Indian politician, economist and statesman who served as the 13th prime minister of India from 2004 to 2014. He is also the third longest-serving prime minister after Jawaharlal Nehru and Indira Gandhi. A member of the Indian National Congress, Singh was the first Sikh prime minister of India. He was also the first prime minister since Jawaharlal Nehru to be re-elected after completing a full five-year term. Born in Gah, West Punjab, in what is today Pakistan, Singh's family migrated to India during its partition in 1947. After obtaining his doctorate in economics from Oxford, Singh worked for the United Nations during 1966–1969. He subsequently began his bureaucratic career when Lalit Narayan Mishra hired him as an advisor in the Ministry of Commerce and Industry. During the 1970s and 1980s, Singh held several key posts in the Government of India, such as Chief Economic Advisor (1972–1976), governor of the Reserve Ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Malaysian Insider
''The Malaysian Insider'' (also known as ''TMI'', ''The Insider'', or ''Malay Ins Ins'') was a Malaysian bilingual news site. During its peak, it ranked consistently as one of the country's 100 most popular websites. In June 2009, Alexa ranked it as Malaysia's 57th most popular website. Compete.com estimated that it had almost 19,000 unique visitors in April 2009. On 25 February 2016, ''The Malaysian Insider'' was blocked by the country's Internet regulatory body, Malaysian Communications and Multimedia Commission (MCMC) on the grounds of national security, following continuous publication of defamatory content—an action widely perceived by pro-opposition groups as interference with free speech. After the blocking, the site's owner decided to shut it down at midnight on 15 March 2016, citing financial losses incurred by its parent company The Edge Media Group amounting to RM 10 million in the 20 months since ''The Malaysian Insider''s acquisition. History ''The Malaysia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysian New Economic Policy
The New Economic Policy (NEP) ( ms, Dasar Ekonomi Baru (DEB)) was a social re-engineering and affirmative action program formulated by the National Operations Council (NOC) in the aftermath of 13 May Incident in Malaysia. This policy was adopted in 1971 for a period of 20 years and it was succeeded by the National Development Policy (NDP) in 1991. This article looks into the historical context that gave rise to the formulation of this policy, its objectives and implementation methods as well as its impact on the Malaysian economy in general. Policy overview 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:Jeong Chun Hai @Ibrahim. (2007). ''Fundamental of Development Administration''. Selangor: Scholar Press. * To achieve national unity, harmony and integrity * Through socio-economic restructuring (of the society) * To minimize the level of poverty i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bernama
The Malaysian National News Agency ( ms, Pertubuhan Berita Nasional Malaysia), is a news agency of the government of Malaysia. It is an autonomous body under the Ministry of Communications and Multimedia. Bernama (usually stylized in all caps) is an abbreviation of Berita Nasional Malaysia (''Malaysia National News''); it also means ''named'' or ''titled'' in the Malay language. It was created by an Act of Parliament in 1967 and began operating on 20 May 1968. Overview BERNAMA operates from its headquarters at ''Wisma Bernama'', off Jalan Tun Razak near National Library, Kuala Lumpur. It has its branches in every state in Malaysia. It also has correspondents in Jakarta, Singapore and Bangkok and also its stringers in Washington, D.C., New York City, Australia and London. Most of the news media in Malaysia and Singapore and international news agencies subscribe to BERNAMA. Bernama began reporting using the audio-visual medium with the opening of its audio-visual division ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sustainability
Specific definitions of sustainability are difficult to agree on and have varied in the literature and over time. The concept of sustainability can be used to guide decisions at the global, national, and individual levels (e.g. sustainable living). Sustainability is commonly described as having three dimensions (also called pillars): environmental, economic, and social. Many publications state that the environmental dimension (also called " planetary integrity" or "ecological integrity") is the most important, and, in everyday usage, "sustainability" is often focused on countering major environmental problems, such as climate change, loss of biodiversity, loss of ecosystem services, land degradation, and air and water pollution. Humanity is now exceeding several " planetary boundaries". A closely related concept is that of sustainable development, and the terms are often used synonymously. However, UNESCO distinguishes the two thus: "''Sustainability'' is often thought of a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
