1995
| Currency Rate to USD | 2.55 |
| GDP Per Capita (USD) | 4295 |
| Population (millions) | 20.3 |
| Nasi Lemak Price | RM1.00 |
| Teh Tarik Price | 75 cents |
| Urban Population Percentage | 56.1% |
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 Proton Perdana (1995)
The launch of the Proton Perdana on 26 January 1995 represented a pivotal moment in Malaysia's automotive industry, introducing the nation's first mid-size luxury sedan and underscoring the country's push towards industrialization and self-reliance.
Opening of the Petronas Twin Towers Skybridge
In July 1995, the skybridge connecting the Petronas Twin Towers at levels 41 and 42 was installed, marking a significant engineering milestone in the construction of Kuala Lumpur's iconic skyscrapers.
1995 Malaysian General Election
The 1995 Malaysian general election, held on 24 and 25 April, resulted in a landslide victory for the Barisan Nasional coalition, securing 162 of 192 parliamentary seats and reinforcing Prime Minister Mahathir Mohamad's leadership during a period of strong economic growth.
Genting Highlands Landslide of 1995
On 30 June 1995, a landslide along the slip road to Genting Highlands in Malaysia buried vehicles under mud and debris, resulting in 20 fatalities and exposing the hazards of the region's steep, rain-prone infrastructure.
Completion of the Tengku Tengah Zaharah Mosque
The completion of the Tengku Tengah Zaharah Mosque in 1995 marked a significant architectural achievement in Malaysia, blending traditional Islamic design with innovative engineering to create the country's first floating mosque in Terengganu.
Launch of KTM Komuter Service in 1995
The launch of the KTM Komuter service on 12 August 1995 introduced Malaysia's first electrified commuter rail system, modernizing urban transport in the Klang Valley and supporting economic growth amid rapid urbanization.
Malaysia Airlines Flight 2133 Crash
On 15 September 1995, Malaysia Airlines Flight 2133, a Fokker 50 operating a domestic flight from Kota Kinabalu to Tawau in Sabah, Malaysia, overran the runway at Tawau Airport and crashed into a nearby shanty town, resulting in 34 fatalities and highlighting pressures on aviation safety amid economic growth.
Establishment of Putrajaya
In August 1995, construction began on Putrajaya, a planned city designed to serve as Malaysia's administrative capital, initiated by Prime Minister Mahathir Mohamad to address overcrowding in Kuala Lumpur and promote efficient governance through modern urban planning and technology integration.
Launch of Amanah Saham Wawasan 2020 (ASW 2020)
In October 1995, Permodalan Nasional Berhad (PNB) launched Amanah Saham Wawasan 2020 (ASW 2020), a capital-guaranteed unit trust fund aimed at promoting long-term savings and investment among Malaysians, aligning with Prime Minister Mahathir Mohamad's Vision 2020 framework for economic development.
Launch of the STAR Light Rail Transit System
The launch of the STAR Light Rail Transit (LRT) system on 8 September 1996 introduced Malaysia's first modern light rail network in the Klang Valley, aimed at alleviating urban congestion and supporting the nation's economic growth under Vision 2020.
