1993

Currency Rate to USD | 2.58 |
GDP Per Capita (USD) | 3410 |
Population (millions) | 19.3 |
Nasi Lemak Price | 85 cents |
Teh Tarik Price | 65 cents |
Urban Population Percentage | 53.8% |
Mahathir Era
Mahathir Mohamad’s long premiership brought ambitious modernisation: highways, skyscrapers (yes, Petronas Twin Towers), national car (Proton), new administrative centres.
Launch of the Malaysian Highway Network Development Plan Blueprint
On January 1, 1993, the Malaysian government launched the blueprint for the Malaysian Highway Network Development Plan, a key initiative to modernize the nation's infrastructure and support economic growth under Vision 2020.
Establishment of the Securities Commission Malaysia
The establishment of the Securities Commission Malaysia on 1 March 1993 marked a pivotal moment in the development of Malaysia's financial infrastructure, centralizing regulatory oversight of the capital markets during a period of rapid economic transformation.
1993 Amendments to the Constitution of Malaysia
The 1993 amendments to the Constitution of Malaysia removed the legal immunity of the Yang di-Pertuan Agong and Sultans, shifting power towards civilian authority and the rule of law amid escalating tensions with the royalty.

Deployment of Malaysian Peacekeepers to Bosnia 1993
In April 1993, Malaysia deployed a contingent of over 4,000 peacekeepers to Bosnia and Herzegovina as part of the United Nations Protection Force (UNPROFOR), responding to the escalating Bosnian War and demonstrating its commitment to international peacekeeping and solidarity with Muslim communities.

Launch of the Proton Wira
The launch of the Proton Wira on 21 May 1993 represented a key advancement in Malaysia's automotive sector, introducing a versatile saloon model that built on Mitsubishi technology while incorporating local design elements to meet domestic needs and support national industrialization goals.

Ground-breaking Ceremony for Kuala Lumpur International Airport (KLIA)
The ground-breaking ceremony for Kuala Lumpur International Airport (KLIA) on 1 June 1993 marked a pivotal moment in Malaysia's infrastructure development, initiating the construction of the nation's largest airport as part of Prime Minister Mahathir Mohamad's Vision 2020 to modernize and enhance global connectivity.

The Murder of Mazlan Idris by Mona Fandey
The gruesome murder of Malaysian politician Dato' Mazlan Idris by bomoh Mona Fandey and her accomplices in 1993 exposed the dark underbelly of superstition, political ambition, and corruption in Malaysia's elite circles, leading to their conviction and execution in 2001.

Establishment of AirAsia
On 20 December 1993, DRB-HICOM, a Malaysian government-owned conglomerate, founded AirAsia as a full-service airline to promote domestic and regional air travel, complementing Malaysia Airlines and supporting the nation's economic growth under Vision 2020.

Appointment of Anwar Ibrahim as Deputy Prime Minister (1993)
On 13 November 1993, Anwar Ibrahim was appointed as Malaysia's Deputy Prime Minister by Prime Minister Mahathir Mohamad, following his landslide victory in the UMNO Deputy President election on 4 November 1993.

Highland Towers Collapse
On 11 December 1993, Block 1 of the Highland Towers condominium in Ulu Klang, Selangor, Malaysia, collapsed due to a landslide triggered by heavy rainfall, resulting in 48 deaths and exposing flaws in construction and land management practices.