Really? [206] In 2020, Malaysian exported high-tech products worth $92.1 billion, the second-highest in the ASEAN, after Singapore. [76] In July 2019, a bill to lower the voting age to 18 years old was officially passed. Conducted numerous capacity buildingsessions,notablyMacro-Econometric Modeling workshops for MOF,technical workshopson the Long-Term Growth Model foreconomists and policy makers ingovernment, and seminars with academia to build a robust communityof policymakers. On the other hand, many economists and political scientists will say that . [97], Governance of the states is divided between the federal and the state governments, with different powers reserved for each, and the Federal government has direct administration of the federal territories. [161] These forests host many members of the Rafflesia genus, the largest flowers in the world,[182] with a maximum diameter of 1m (3ft 3in). The HDI considers a broad range of factors, including economic growth, life expectancy, health, education, and quality of life. At higher altitudes, oaks, chestnuts, and rhododendrons replace dipterocarps. [305], Malaysia's main newspapers are owned by the government and political parties in the ruling coalition,[310][311] although some major opposition parties also have their own, which are openly sold alongside regular newspapers. However, the COVID-19(coronavirus)pandemic has had a majoreconomicimpact on Malaysia, particularlyonvulnerable households. [200], International trade, facilitated by the shipping route in adjacent Strait of Malacca, and manufacturing are the key sectors. The Malayan Union, established in 1946, and consisting of all the British possessions in the Malay Peninsula with the exception of Singapore, was quickly dissolved and replaced on 1 February 1948 by the Federation of Malaya, which restored the autonomy of the rulers of the Malay states under British protection. [279] Malaysia's healthcare system is considered to be among the most developed in Asia, which contributes to its thriving medical tourism industry. [166] The Exclusive economic zone of Malaysia is 334,671km2 (129,217sqmi) and 1.5 times larger than its land area. The World Bank In Malaysia Over the past 50 years, Malaysia has successfully reduced extreme poverty and promoted shared prosperity. However, Malay art does show some North Indian influence due to the historical influence of India.
