Ministry Of Economic Affairs (Malaysia)
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Ministry Of Economic Affairs (Malaysia)
Ministry of Economy ( Malay:''Kementerian Ekonomi'') is a ministry under the Malaysian government. The ministry is having formed on 21 May 2018, as part of economic reformation by Prime Minister Mahathir Mohamad. The Ministry was reinstated and renamed to Ministry of Economy in the Anwar Ibrahim cabinet. The current Minister of Economy has been Rafizi Ramli since 3 December 2022. See also * Minister of Economy (Malaysia) * Ministry of Finance (Malaysia) The Ministry of Finance ( ms, Kementerian Kewangan), abbreviated MOF, is a ministry of the Government of Malaysia that is charged with the responsibility for government expenditure and revenue raising. The ministry's role is to develop economic ... References External links Official Website {{authority control Finance in Malaysia Federal ministries, departments and agencies of Malaysia Ministries established in 2018 2018 establishments in Malaysia ...
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Putrajaya
Putrajaya (), officially the Federal Territory of Putrajaya ( ms, Wilayah Persekutuan Putrajaya), is a planned capital city which functions as the administrative capital and the judicial capital of Malaysia. The seat of the federal government of Malaysia was moved in 1999 from Kuala Lumpur to Putrajaya because of overcrowding and congestion in the former, whilst the seat of the judiciary of Malaysia was later moved to Putrajaya in 2003. Kuala Lumpur remains as Malaysia's national capital city per the constitution and is still the seat of the head of state (Yang di-Pertuan Agong) and the national legislature (Parliament of Malaysia), as well as being the country's commercial and financial centre. The establishment of Putrajaya was the idea of the then-Prime Minister Mahathir Mohamad. The development of Putrajaya began in August 1995 and it was completed at an estimated cost of US$8.1 billion. On February 1, 2001, Putrajaya became Malaysia's third federal territory, after Kual ...
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Rafizi Ramli
Mohd Rafizi bin Ramli ( Jawi: ; born 14 September 1977) is a Malaysian politician who has served as the Minister of Economy in the Pakatan Harapan (PH) administration under Prime Minister Anwar Ibrahim since December 2022 and the Member of Parliament (MP) for Pandan from May 2013 to May 2018 and again since November 2022. He is a member of the People's Justice Party (PKR), a component party of presently the PH and formerly the Pakatan Rakyat (PR) coalitions. He has also served as the 5th Deputy President of PKR since July 2022. He served as Vice-President of PKR from August 2014 to July 2022, Secretary-General of PKR from October 2014 to November 2016 and Strategic Director of PKR from December 2010 to October 2014. He is the founder of both the whistleblower organisation, National Oversight and Whistleblowers Centre (NOW) and the election volunteerism organisation, Invoke Malaysia (INVOKE). Early life and education Rafizi was born in Besut, Terengganu and was raised in Kem ...
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Hanifah Hajar Taib
Dato Hanifah Hajar Taib also known as Hanifah Hajar Taib-Alsree (born 1972) is a Malaysian politician and businesswoman who has served as the Deputy Minister of Economy in the Pakatan Harapan (PH) administration under Prime Minister Anwar Ibrahim and Minister Rafizi Ramli since December 2022 and the Member of Parliament (MP) for Mukah since May 2018. He served as the Deputy Minister in the Prime Minister's Department in charge of Sabah and Sarawak Affairs for the second term in the Barisan Nasional (BN) administration under former Prime Minister Ismail Sabri Yaakob and Minister Maximus Ongkili from August 2021 to the collapse of the PN administration in November 2022 and the first term in the Perikatan Nasional (PN) administration under former Prime Minister Muhyiddin Yassin and Minister Maximus Ongkili from March 2020 to August 2021. She is a member of the Parti Pesaka Bumiputera Bersatu (PBB), a component party of the Gabungan Parti Sarawak (GPS) coalition which is aligned ...
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Malay Language
Malay (; ms, Bahasa Melayu, links=no, Jawi alphabet, Jawi: , Rejang script, Rencong: ) is an Austronesian languages, Austronesian language that is an official language of Brunei, Indonesia, Malaysia, and Singapore, and that is also spoken in East Timor and parts of the Philippines and Thailand. Altogether, it is spoken by 290 million people (around 260 million in Indonesia alone in its own literary standard named "Indonesian language, Indonesian") across Maritime Southeast Asia. As the or ("national language") of several states, Standard Malay has various official names. In Malaysia, it is designated as either ("Malaysian Malay") or also ("Malay language"). In Singapore and Brunei, it is called ("Malay language"). In Indonesia, an autonomous normative variety called ("Indonesian language") is designated the ("unifying language" or lingua franca). However, in areas of Central to Southern Sumatra, where vernacular varieties of Malay are indigenous, Indonesians refe ...
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Malaysian Government
The Government of Malaysia, officially the Federal Government of Malaysia ( ms, Kerajaan Persekutuan Malaysia), is based in the Federal Territory of Putrajaya with the exception of the legislative branch, which is located in Kuala Lumpur. Malaysia is a federation comprising the 11 States of Malaya, the Borneo States of Sabah and Sarawak, and 3 Federal Territories operating within a constitutional monarchy under the Westminster system and is categorised as a representative democracy. The federal government of Malaysia adheres to and is created by the Federal Constitution of Malaysia, the supreme law of the land. The federal government adopts the principle of separation of powers under Article 127 of the Federal Constitution of Malaysia, and has three branches: executive, legislature and judiciary. The state governments in Malaysia also have their respective executive and legislative bodies. The judicial system in Malaysia is a federalised court system operating uniformly throu ...
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Reformasi (Malaysia)
Reformasi is a political movement in Malaysia. It was initiated in September 1998 by Anwar Ibrahim, former Deputy Prime Minister of Malaysia, after he was sacked from his position by Malaysia's then-Prime Minister, Mahathir Mohamad. The movement, which began while the country hosted the Commonwealth Games, initially demanded the resignation of Malaysia's then-Prime Minister, Mahathir Mohamad, and for the end of alleged corruption and cronyism within the Barisan Nasional-led (BN) government. It later became a reformist movement demanding social equality and social justice in Malaysia. The movement consisted of civil disobedience, demonstrations, sit-ins, rioting, occupations and online activism. Building on the momentum of Reformasi, Wan Azizah Wan Ismail, Anwar's wife, formed and led the Social Justice Movement ( ms, Pergerakan Keadilan Sosial, known by its abbreviations, ADIL) in late-1998. However, after facing difficulties in registering ADIL as a formal political party, re ...
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Prime Minister Of Malaysia
The prime minister of Malaysia ( ms, Perdana Menteri Malaysia; ms, ڤردان منتري مليسيا, label= Jawi, script=arab, italic=unset) is the head of government of Malaysia. The prime minister directs the executive branch of the federal government. The Yang di-Pertuan Agong appoints as the prime minister a member of Parliament (MP) who, in his opinion, is most likely to command the confidence of a majority of MPs; this person is usually the leader of the party winning the most seats in a general election. After the formation of Malaysia on 16 September 1963, Tunku Abdul Rahman, the chief minister of the Federation of Malaya, became the first prime minister of Malaysia. Appointment According to the Federal Constitution, the Yang di-Pertuan Agong shall first appoint a prime minister to preside over the Cabinet. The prime minister is to be a member of the Dewan Rakyat (House of Representatives), and who in his majesty's judgment is likely to command the confidence ...
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Mahathir Mohamad
Mahathir bin Mohamad ( ms, محاضير بن محمد, label= Jawi, script=arab, italic=unset; ; born 10 July 1925) is a Malaysian politician, author, and physician who served as the 4th and 7th Prime Minister of Malaysia. He held the office from July 1981 to October 2003 and later from May 2018 to March 2020 for a cumulative total of 24 years, making him the country's longest-serving prime minister. Before becoming premier, he served as Deputy Prime Minister and in other cabinet positions. He was a Member of Parliament for Langkawi from May 2018 to October 2022, Kubang Pasu from August 1974 to March 2004, and Kota Setar Selatan from April 1964 to May 1969. His political career has spanned more than 75 years, from joining protests opposing citizenship policies for non-Malays in the Malayan Union in the 1940s to forming the Gerakan Tanah Air coalition in 2022. Born and raised in Alor Setar, Kedah, Mahathir excelled at school and became a physician. He became active in the U ...
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Anwar Ibrahim Cabinet
The Anwar Ibrahim cabinet is the current federal cabinet of Malaysia, formed on 3 December 2022, eight days after Anwar Ibrahim took office as the 10th Prime Minister of Malaysia. The composition of the cabinet was announced a day earlier on 2 December 2022, consisting of almost all parties represented in the 15th Parliament. Although Perikatan Nasional was also invited to join the government, it decided to reject the offer and instead formed the federal opposition. The governing parties have named this cabinet the "Unity Government Cabinet" (Malay: ''Kabinet Kerajaan Perpaduan'') despite not technically being a unity government. Composition Ministers As of 3 December 2022, the ministers have been: Deputy Ministers The following lists deputy ministers. Changes Under this cabinet: * The number of Deputy Prime Ministers increased from one to two. * The number of Deputy Ministers of several ministries decreased from two to one. * No Deputy Ministers for Ministry of ...
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Minister Of Economy (Malaysia)
The current Malaysian Minister of Economy has been Rafizi Ramli since 3 December 2022. The minister is supported by Deputy Minister of Economy which is currently vacant. The Minister administers the portfolio through the Ministry of Economy. List of Ministers of Economic Affairs/Economy The following individuals have held office as Minister of Economic Affairs/Economy: Political Party: List of Ministers in the Prime Minister's Department (Economic Planning Unit) The following individuals have held office as the Minister in the Prime Minister's Department under the Economic Planning Unit (EPU) department: Political Party: See also * Ministry of Economy (Malaysia) * Minister of Finance (Malaysia) References External links * http://www.epu.gov.my/en {{Malaysian federal ministerial portfolios Lists of government ministers of Malaysia Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of State ...
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Ministry Of Finance (Malaysia)
The Ministry of Finance ( ms, Kementerian Kewangan), abbreviated MOF, is a ministry of the Government of Malaysia that is charged with the responsibility for government expenditure and revenue raising. The ministry's role is to develop economic policy and prepare the Malaysian federal budget. The Ministry of Finance also oversees financial legislation and regulation. Each year in October, the Minister of Finance presents the Malaysian federal budget to the Parliament. The Minister of Finance administers his functions through the Ministry of Finance and a range of other government agencies. Its headquarters is in Ministry of Finance Complex, Putrajaya. Duties and importance The Minister of Finance is the minister in charge of government revenue and expenditure. The Minister oversees economic policy: fiscal policy is within the Minister's direct responsibility, while monetary policy is implemented by the politically independent Central Bank of Malaysia, the head of which is appoin ...
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Finance In Malaysia
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ...
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