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The investment, Google's largest so far in Malaysia, is expected to support 26,500 jobs and add up to $3.2 billion to the economy, according to Bernama, the country's state news agency.
Malaysia has a newly industrialised market economy, which is relatively open and state-oriented. The Malaysian economy is highly robust and diversified with the export value of high-tech products in 2020 standing at US$92.1 billion, the second highest in ASEAN.
KUALA LUMPUR (Reuters) - Google will invest $2 billion in Malaysia to develop its first data centre and Google Cloud region in the country, the unit of Alphabet said on Thursday, the latest in a ...
The COVID-19 pandemic in Malaysia has had a significant impact on the Malaysian economy, leading to the devaluation of the Malaysian ringgit (MYR) and the decline in the country's gross domestic product. The pandemic also adversely affected several key sectors including entertainment, markets, retail, hospitality, and tourism.
The following table is the list of the GDP of Malaysian states released by the Department of Statistics Malaysia. Data for 2022 estimates (US$ 1 = MYR 4.4 at 2022 average market exchange rate, international $ (I$) using 2022 PPP conversion factor from World Bank)
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Malaysia is a federal constitutional elective monarchy; the only federal country in Southeast Asia. [72] The system of government is closely modelled on the Westminster parliamentary system, a legacy of British rule. [73] The head of state is the King, whose official title is the Yang di-Pertuan Agong.
Selangor, Malaysia. Website. www .freemalaysiatoday .com. Free Malaysia Today ( FMT) is an independent, bilingual news online portal with content, in both English and Bahasa Malaysia (Malay), with a focus on Malaysian current affairs, published since 2009.
The economy of Malaysia (GDP PPP) in 2014 was $746.821 billion, the third largest in ASEAN behind Indonesia and Thailand and the 28th largest in the world. [6] [ needs update ] For further information on the types of business entities in this country and their abbreviations, see " Business entities in Malaysia ".
Website. www .ssm .com .my. The Companies Commission of Malaysia ( Malay: Suruhanjaya Syarikat Malaysia, abbreviated SSM) is a statutory body formed under an Act of Parliament that regulates corporate and business affairs in Malaysia.
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 was founded in Kuala Lumpur based on the Malaysian edition of The Straits Times.