Kementerian Ekonomi | |
Agency overview | |
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Formed | 21 May 2018 |
Preceding agency |
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Type | Government |
Headquarters | Putrajaya |
Minister responsible |
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Deputy Minister responsible |
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Agency executives |
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Website | www.ekonomi.gov.my |
The Ministry of Economy (Malay : Kementerian Ekonomi) is a ministry under the Malaysian government. The ministry was formed on 21 May 2018, as part of economic reforms by Prime Minister Mahathir Mohamad. The Ministry was reinstated and renamed to the Ministry of Economy in the Anwar Ibrahim cabinet. The current Minister of Economy has been Rafizi Ramli since 3 December 2022.
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position.
The minister of industry is a cabinet position in a government.
A Commerce minister is a position in many governments that is responsible for regulating external trade and promoting economic growth. In many countries, this role is separate from a finance minister, who has more budgetary responsibilities.
The Cabinet of Malaysia is the executive branch of the Government of Malaysia. Led by the Prime Minister, the cabinet is a council of ministers who are accountable collectively to the Parliament. According to the Article 43 of the Federal Constitution, members of the Cabinet can only be selected from members of either houses of Parliament. Formally, the Yang di-Pertuan Agong appoints all Ministers on the advice of the Prime Minister. The constitution is amended by repealing the Clause (8) of Article 43, enabling a person who is a member of State Legislative Assembly to continue to serve even while serving as a minister or deputy minister in the cabinet. Ministers other than the Prime Minister shall hold office during the pleasure of the Yang di-Pertuan Agong, unless the appointment of any Minister shall have been revoked by the Yang di-Pertuan Agong on the advice of the Prime Minister but any Minister may resign from office. In practice, the Yang di-Pertuan Agong is obliged to follow the advice of the Prime Minister on the appointment and dismissal of ministers.
The Minister of Tourism is the head of the governmental department that specializes in tourism, recreation and/or culture.
A Ministry of Economy, Ministry of Commerce, Ministry of Economic Affairs, or Department of Commerce is a part of the government in most countries that is responsible for matters related to the economy or economic policy.
The following outline is provided as an overview of and topical guide to Malaysia:
Gobind Singh Deo s/o Karpal Singh is a Malaysian politician and lawyer who was appointed as the Minister of Digital in the Unity Government administration under Prime Minister Anwar Ibrahim since December 2023 and the Member of Parliament (MP) for Damansara since November 2022.
Iskandar Malaysia, formerly known as Iskandar Development Region and South Johor Economic Region, is the main southern development corridor in Johor, Malaysia. It was established on 8 November 2006.
The Ministry of Health is a ministry of the Government of Malaysia that is responsible for health system: health behaviour, cancer, public health, health management, medical research, health systems research, respiratory medicine, health promotion, healthcare tourism, medical device, blood collection, leprosy control, clinical research, health care, dental care, health institution, laboratory, pharmaceutical, patient safety.
A ministry of energy or department of energy is a government department in some countries that typically oversees the production of fuel and electricity; in the United States, however, it manages nuclear weapons development and conducts energy-related research and development. The person in charge of such a department is usually known as a minister of energy or minister for energy.
A ministry of trade and industry, ministry of commerce, ministry of commerce and industry or variations is a ministry that is concerned with a nation's trade, industry and commerce.
The Ministry of Communications is a ministry of the Government of Malaysia that is responsible for digitalisation, communications, multimedia, radio broadcasting, digital terrestrial television broadcasting, other media broadcasts, information, personal data protection, special affairs, media industry, film industry, domain name, postal, courier, mobile service, fixed service, broadband, digital signature, universal service, international broadcasting, and content.
Ong Kian Ming, is a Malaysian podcaster and politician from the Democratic Action Party (DAP), a component party of the Pakatan Harapan (PH) coalition and a University lecturer for Taylor's University. He served as the Member of Parliament (MP) for Bangi from May 2018 to November 2022 and Serdang from May 2013 to May 2018 and the Deputy Minister of International Trade and Industry in the PH administration under former Prime Minister Mahathir Mohamad and former Minister Darell Leiking from July 2018 to the collapse of the PH administration in February 2020.
The minister of economy, also informally known as the economy minister, is a minister in the Government of Malaysia, with overall responsibility for the functions and objectives of the Ministry of Economy. The incumbent is a member of the Cabinet of Malaysia.
Akmal Nasrullah Mohd Nasir, commonly known as Akmal Nasir, is a Malaysian politician who has served as the Deputy Minister of Energy Transition and Water Transformation under Minister Fadillah Yusof since December 2023 and previously served as the Deputy Minister of Local Government Development under Minister Nga Kor Ming from December 2022 to December 2023 in the Unity Government administration under Prime Minister Anwar Ibrahim. He has served as the Member of Parliament (MP) for Johor Bahru since May 2018. He is a member of the People's Justice Party (PKR), a component party of the PH coalition and had served as the 4th Youth Chief of PKR from November 2018 to July 2022.
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. Besides shortages in goods and services, many businesses had to cope with social distancing and lockdown restrictions, which affected their operations and revenue. The pandemic also drew attention to workplace safety and the exploitation of migrant workers working in Malaysian industries.
The Anwar Ibrahim cabinet is the current federal cabinet of Malaysia, formed on 3 December 2022, nine days after Anwar Ibrahim took office as the 10th Prime Minister of Malaysia. The composition of the cabinet was announced by Anwar a day earlier on 2 December 2022, consisting of most of the political coalitions and parties represented in the 15th Parliament. It was the 23rd cabinet of Malaysia formed since independence. Although Perikatan Nasional (PN) was also invited to join the government, it decided to decline the invitation and instead formed the opposition. The government is often referred to as "unity government".