YES Paper (PropertY PeoplE PlaceS) takes us through the highs and lows of the past decade even as Visit Malaysia 2020 arrives in anticipation of a better year and decade ahead. Here’s a compilation of the major events that shook the nation and the world in the last decade in chronological year order.
2010
CHINA Surpasses JAPAN As World’s Second-Largest Economy
Other Notable News:
– Financial bailout of Greece of €110 bil (RM499.4 bil) loan with financial austerity measures introduce in Europe.
– All eyes on Iskandar Malaysia as the southern economic corridor is expected to exceed a reported targeted investment amount of RM383 bil by 2025.
– AirBnb enters the local property market.
– Bank Negara Malaysia (BNM) introduces Loan-To-Value (LTV) ratio of 70% on borrowers with three or more outstanding housing loans.
2011
THE ROYAL WEDDING OF Prince William & Kate Middleton
Other Notable news:
– Somolia Famine: The United Nations estimates that at least 12 mil people have been affected by the 2011 drought and famine across Somalia, Kenya, Ethiopia and Djibouti.
– Bandar Malaysia makes the headlines as the iconic catalyst to attract foreign investment into the country with the old Sungai Besi Air Force base identified as its location.
2012
LONDON Hosts The Much Anticipated 2012 Summer Olympics
Other Notable News:
Two Malaysian medallists and flag bearer Pandelela Rinong make history respectively with the latter being the first Malaysian woman to win an Olympic Medal while Lee Chong Wei triumphed in a league of his own by being the first Malaysian to hold more than one Olympic medal with his repeated silver medal victory.
2013
DEATH OF Nelson Mandela
Other Notable news:
– Tun Razak Exchange (TRX) identified as the new financial district to boost the local economy and financial sector.
– Strata titles (Amendment) Act 2013 introduced into the local property market to curb the risk of abandoned projects.
– One Belt One Road (OBOR) makes the news as a catalyst to attract investors from China in a long term ambitious mega project expected to continue over the new decade.
– High Speed Rail (HSR) and Rapid Transit System (RTS) announced to propel Johor’s real estate market with towns with HSR terminals poised to benefit most should this project be revived.
– Candy Crush becomes the most popular game on Facebook.
2014
MAS Plane MH370 Goes Missing In March
Other notable news:
– Three months later in July, MH17 gets shot down over Ukraine.
– Comedian Robin Williams commits suicide.
– Kwasa Land to elevate and transform Sungai Buloh with its development.
2015
Goods & Services Tax (GST) Introduced
Other notable news:
European Refugee Crisis with tens of thousands fleeing wartorn Syria.
2016
DONALD TRUMP Wins The US Elections To Become The 45th President Of The US With A Surprise Upset Over HILARY CLINTON
Other notable news:
– United Kingdom European Union Membership Referendum (BREXIT)
– The 2016 Summer Olympics/ Games of the XXXI Olympiad or commonly known as Rio Olympics or Rio 2016 was held in Rio de Janeiro, Brazil.
– Death of legendary English singer-songwriter David Bowie.
2017
Assassination of Kim Jong-nam In Kuala Lumpur International Airport (KLIA) Terminal 2
Other Notable News:
Total Solar Eclipse crosses the US in August.
2018
TUN DR MAHATHIR MOHAMAD becomes Prime Minister again – setting a world record for Oldest Prime Minister at 92 years of age when he assumed office.
Other Notable News:
– Royal wedding of Prince Harry & Meghan Markle.
– Prime Minister of Malaysia Tun Dr. Mahathir Mohamad abolishes the Goods & Services Tax (GST).
2019
HONGKONG RIOTS BREAK OUT
Other Notable News:
– Malaysian Dr Serena Nik Zainal wins the “Nobel Prize for Cancer Research for her breakthrough research in “accelerating the holistic interpretation of the cancer genome”.
– Closure of Utusan Malaysia – the nation’s oldest Malay language daily even as other giant print publications announced layoffs and retrenchments across the board as migration to social media replaced print.
– YES Paper (PropertY PeoplE PlaceS) was launched at 12pm on 12 December to give print another push – believing print is still relevant in bridging the gap between the masses and powers that be for the greater good of society.