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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 $29,247 (Year 2000 dollars).
Prostitution in Malaysia. Prostitution in Malaysia is restricted [ 1][ 2][ 3] in all states despite it being widespread in the country. [ 4] Related activities such as soliciting and brothels are illegal. [ 1][ 2] In the two states of Terengganu and Kelantan, Muslims convicted of prostitution may be punishable with public caning. [ 5]
Malaysia has a low official unemployment rate of 3.9%. [195] Its foreign exchange reserves are the world's 24th-largest. [196] It has a labour force of about 15 million, which is the world's 34th-largest. [197] Malaysia's large automotive industry ranks as the world's 22nd-largest by production. [198]
Biometric passport. British-era Federation of Malaya passport issued in 1957. Malaysia was the first country in the world to issue biometric passports in March 1998, after a local company, IRIS Corporation, developed the technology. [ 3] In December 2002, thumbprint data was added to the biometric data on the passport chip.
Gross Domestic Product by state. Malaysian states by GDP (nominal US$) in 2020. National GDP is 364,681 US$. The following table is the list of the GDP of Malaysian states released by the Department of Statistics Malaysia. [ 7][ 8] Data for 2023 estimates (US$ 1 = MYR 4.56 at 2023 average market exchange rate, [ 9] international $ (I$) using ...
The currency's value fell from an average of 3.20 MYR/USD in mid-2014 to around 3.70 MYR/USD by early 2015; with China being Malaysia's largest trading partner, a Chinese stock market crash in June 2015 triggered another plunge in value for the ringgit, which reached levels unseen since 1998 at lows of 4.43 MYR/USD in September 2015, before ...
This article contains a complete list of Michelin-starred restaurants in Malaysia. The Malaysia guide was first launched in December 2022. The 2023 edition is the inaugural edition in Malaysia, covering Kuala Lumpur and Penang. [ 1][ 2] There are currently five restaurants with a Michelin star rating. [ 3]
China's ByteDance, parent of social media app TikTok, plans to invest around 10 billion ringgit ($2.13 billion) to set up an artificial intelligence hub in Malaysia, the country's trade minister ...