|
Malaysia Vision Valley
The Malaysia Vision Valley (MVV; Malay language, Malay: ) is a development corridor that encompasses the districts of Seremban District, Seremban and Port Dickson District, Port Dickson in the state of Negeri Sembilan, Malaysia. The corridor was initially established on 21 May 2015, and it forms the southern continuation of the Greater Kuala Lumpur area. Background The state of Negeri Sembilan has a very close proximity to the heavily developed Klang Valley area and is very well connected via major arteries. Driven by the increase of commuters from the state commuting daily to work, including topographic factors - where the corridor between Kuala Lumpur and Negeri Sembilan is relatively flatter compared to the north - the urban sprawl of the Klang Valley has been seen to push southwards over the years, causing new developments to spur up in bordering districts, especially Seremban District, Seremban and Port Dickson District, Port Dickson - both are also part of the National Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special Economic Zone
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for bei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commuters
Commuting is periodically recurring travel between a place of residence and place of work or study, where the traveler, referred to as a commuter, leaves the boundary of their home community. By extension, it can sometimes be any regular or often repeated travel between locations, even when not work-related. The modes of travel, time taken and distance traveled in commuting varies widely across the globe. Most people in least-developed countries continue to walk to work. The cheapest method of commuting after walking is usually by bicycle, so this is common in low-income countries but is also increasingly practised by people in wealthier countries for environmental, health, and often time reasons. In middle-income countries, motorcycle commuting is very common. The next technology adopted as countries develop is more dependent on location: in more populous, older cities, especially in Eurasia mass transit (rail, bus, etc.) predominates, while in smaller, younger cities, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress. The GDP can be divided by the total population to obtain the average GDP per capita. Total GDP can also be broken down into the contribution of each industry or sector of the economy. Nominal GDP is useful when comparing national economies on the international market according to the exchange rate. To compare economies over time inflation can be adjus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
14th Malaysian General Election
General elections were held in Malaysia on Wednesday, 9 May 2018. At stake were all 222 seats in the Dewan Rakyat, the lower house of parliament. The 13th Parliament was dissolved by Prime Minister Najib Razak on 7 April 2018. It would have been automatically dissolved on 24 June 2018, five years after the first meeting of the first session of the 13th Parliament of Malaysia on 24 June 2013. In an unprecedented victory, the Pakatan Harapan (PH) coalition, which had been the country's federal opposition prior to the elections, won a majority in the Dewan Rakyat together with the Sabah Heritage Party (WARISAN), with PH and WARISAN together winning 121 seats. The elections marked the first time in Malaysia's history that the ruling party was voted out of power. The Barisan Nasional (BN) coalition had previously enjoyed an uninterrupted reign over the country since Malaya's independence in 1957, but this came to an end following the elections. PH's leader, Mahathir Mohamad, who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
