EMI or equated monthly installment, as the name suggests, is one part of the equally divided monthly outgoes to clear off an outstanding loan within a stipulated time frame.
This term was applied to describe the strong current of the river Melayu in Sumatra. Dumont d'Urville described Malaysia as "an area commonly known as the East Indies".
Their presence resulted in strong Indian and Chinese influences on the local cultures, and the people of the Malay Peninsula adopted the religions of Hinduism and Buddhism. Sanskrit inscriptions appear as early as the fourth or fifth century.
By the 13th and the 14th century, the Majapahit empire had successfully wrested control over most of the peninsula and the Malay Archipelago from Srivijaya. Melaka was an important commercial centre during this time, attracting trade from around the region.
The Dutch fleet battling with the Portuguese armada as part of the Dutch—Portuguese War in to gain control of Melaka InMelaka was conquered by Portugal after which it was taken by the Dutch in The British obtained the town of Singapore in and in took control of Melaka following the Anglo-Dutch Treaty.
Bythe British directly controlled Penang, Melaka, Singapore, and the island of Labuanwhich they established as the crown colony of the Straits Settlements.
By the 20th century, the states of PahangSelangorPerakand Negeri Sembilanknown together as the Federated Malay Stateshad British residents appointed to advise the Malay rulers, to whom the rulers were bound to defer to by treaty. Development on the peninsula and Borneo were generally separate until the 19th century.
Under British rule the immigration of Chinese and Indians to serve as labourers was encouraged. During this time, ethnic tensions were raised and nationalism grew. The Malayan Union, established inand consisting of all the British possessions in the Malay Peninsula with the exception of Singaporewas quickly dissolved and replaced on 1 February by the Federation of Malayawhich restored the autonomy of the rulers of the Malay states under British protection.
The Malayan Emergency lasted from toand involved a long anti-insurgency campaign by Commonwealth troops in Malaya. The date of federation was planned to be 31 August so as to coincide with the anniversary of Malayan independence; however, federation was delayed until 16 September in order for a United Nations survey of support for federation in Sabah and Sarawak, called for by parties opposed to federation including Indonesia 's Sukarno and the Sarawak United Peoples' Partyto be completed.
This strife culminated in the 13 May race riots in The economy shifted from being agriculturally based to one based on manufacturing and industry. Numerous mega-projects were completed, such as the Petronas Towersthe North—South Expresswaythe Multimedia Super Corridorand the new federal administrative capital of Putrajaya.Electoral Reform Committee to table report by the end of next year PUTRAJAYA: The Electoral Reform Committee’s (ERC) interim report on improvements to be made to the country’s electoral system is expected to be ready for tabling before the government by the end of next year.
“DRIVING Transformation, POWERING Growth” World Bank Ranks Malaysia 18th in the World in “Doing Business Report ” MITI in the News Malaysia’s prudent, pragmatic and pro-business .
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