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Malaysian New Economic Policy information


The New Economic Policy (NEP) (Malay: Dasar Ekonomi Baru (DEB)) was a social re-engineering and affirmative action program formulated by the National Operations Council (NOC) in the aftermath of 13 May Incident in Malaysia. This policy was adopted in 1971 for a period of 20 years and it was succeeded by the National Development Policy (NDP) in 1991. This article looks into the historical context that gave rise to the formulation of this policy, its objectives and implementation methods as well as its impact on the Malaysian economy in general.

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Malaysian New Economic Policy

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of this policy, its objectives and implementation methods as well as its impact on the Malaysian economy in general. The New Economic Policy (NEP) which...

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National Development Policy

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National Development Policy was a Malaysian economic policy introduced by Prime Minister Mahathir Mohamad. The objective was achieving economic growth, while...

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Economic history of Malaysia

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Since its formation in 1963, Malaysia's economic performance has been one of Asia's best. Real gross domestic product (GDP) grew by an average of 6.5%...

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Economy of Malaysia

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companies. The Malaysian New Economic Policy was created in 1971 with the aim of bringing Malays a 30% share of the economy of Malaysia and eradicating...

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Poverty in Malaysia

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address poverty such as the Malaysian New Economic Policy have been met with political protest.[citation needed] Malaysia's total population is 31 million...

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Central Bank of Malaysia

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The Central Bank of Malaysia (BNM; Malay: Bank Negara Malaysia) is the Malaysian central bank. Established on 26 January 1959 as the Central Bank of Malaya...

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New Economic Model

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The New Economic Model (NEM) 2011-2020 was an economic plan in Malaysia unveiled on 30 March 2010 by Malaysian Prime Minister Najib Razak which was intended...

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Malaysian ringgit

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The Malaysian ringgit (/ˈrɪŋɡɪt/; plural: ringgit; symbol: RM; currency code: MYR; Malay name: Ringgit Malaysia; formerly the Malaysian dollar) is the...

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List of Malaysian states by GDP

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This is a list of Malaysian states and federal territories sorted by their gross domestic product. As of 3 November 2022 Malaysian Ringgit (symbol: RM...

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Bursa Malaysia

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needed] The Malaysian Stock Exchange was formally formed in 1964, and in the following year, with the separation of Singapore from Malaysia, the stock...

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History of Malaysia

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minister. The expiry of the Malaysian New Economic Policy (NEP) in 1990 allowed Mahathir to outline his economic vision for Malaysia. In 1991, he announced...

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NEP

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provider National Energy Program, in Canada New Economic Policy, Soviet Union 1921-1928 Malaysian New Economic Policy N-Ethylpentedrone, a stimulant drug N...

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Article 153 of the Constitution of Malaysia

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Malaya for economic purposes only, working at plantations and mines. In the 1970s, substantial economic reforms (Malaysian New Economic Policy) were enacted...

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13 May incident

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governments. 1969 race riots of Singapore Malaysian New Economic Policy (NEP) May 13: Declassified Documents on the Malaysian Riots of 1969 May 1998 riots of Indonesia...

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Iskandar Malaysia

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Iskandar Malaysia, formerly known as Iskandar Development Region (IDR; Malay: Wilayah Pembangunan Iskandar) and South Johor Economic Region (SJER), is...

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Malaysian Chinese

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Chinese Malaysians, also commonly called locally as Malaysian Chinese, are Malaysian citizens of Han Chinese ethnicity. They form the second-largest ethnic...

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Malaysian Indians

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Malaysian Indians or Indo-Malaysian are Malaysian citizens of Indian or South Asian ancestry. They now form the third-largest group in Malaysia, after...

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Malaysia Derivatives Exchange

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Malaysia Derivatives Exchange (MDEX), also known as Malaysian Distribution Exchange, is a limited share company formed during June 2001 in Malaysia through...

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The Malay Dilemma

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Commentators have since noted its influence on Malaysian society and governance, particularly the New Economic Policy. At the time of publication, Mahathir had...

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Islamic banking in Malaysia

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certified personnel for Islamic Finance in Malaysia. The university was established as part of the Malaysian Government's initiative to further strengthen...

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Black Economic Empowerment

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Africa State-owned enterprises of South Africa Malaysian New Economic Policy, a similar policies in Malaysia Shai, Lerato; Molefinyana, Comfort; Quinot,...

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Malaysian Malaysia

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concept of a Malaysian Malaysia did not differ much from the government policy of establishing a Bangsa Malaysia (Malaysian race or Malaysian nation). Some...

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Abdul Razak Hussein

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political parties that held power in Malaysia. Abdul Razak is also renowned for launching the Malaysian New Economic Policy (MNEP). His eldest son, Najib Razak...

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Affirmative action

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close to Indonesian border. The Malaysian New Economic Policy or NEP is a form of ethnicity-based affirmative action. Malaysia provides affirmative action...

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Second Malaysia Plan

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implementing the Malaysian New Economic Policy (NEP). It lasted from 1971 to 1975 and aimed to "restructure" the society of Malaysia and reduce Malaysian Chinese...

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