REMINISCING THE PAST

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Located in the heart of Southeast Asia, Malaysia enthralls its visitors with breathtaking natural beauty, rich cultural heritage and exotic culinary delights. Major tourist attractions are Kuala Lumpur (capital city), Penang, Sabah and Melaca. Malaysia happens to be an amalgamation of various cultures around the world; the population largely consisting of Malays, Indians and Chinese. The country witnessed the beginning of its colonial legacy in 1511, when the Portuguese first arrived in Malaysia. They were followed by the Dutch, British and Japanese.

By the beginning of World War II, the economy came under the Japanese control, which ended in 1945 only, when the war ended. The country got freedom from British colonial rule in 1957 and the Federation of Malaya was established under the leadership of Tunku Abdul Rahman. Since then, Malaysia has focused on transforming itself from being an essentially agricultural & mining society to one relying on manufacturing. Singapore was initially a part of Malaysia, but withdrew in 1965 due to demographic imbalances. Ever since, Malaysia’s presence has been felt significantly through various international frameworks like AFTA (ASEAN Free Trade Area), APEC (Asia- Pacific Economic cooperation), NAM (Non-Aligned Movement Countries) and OIC (Organisation of Islamic Countries).

Since the opening of the economy in 1980s, Malaysia achieved stupendous growth and prosperity. Much of the credit is due to the dynamic leadership of the Prime Minister Mahathir bin Mohammed, who led the country from 1981 to 2003.

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Source : IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri

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