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In the seventies, Malaysia began to imitate the 4 Asian Tiger economies (South Korea, Taiwan, British Hong Kong and Singapore) and dedicated alone to a transition from getting reliant on mining and agriculture to an overall economy that depends a lot more on production. Inside the seventies, the predominantly mining and agricultural centered Malaysian economic climate commenced a transition to a more multi-sector economy.
The government is moving towards a far more organization welcoming ecosystem by setting up a special activity power to aid business enterprise known as PEMUDAH, meaning "simplifier" in Malay.
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In 2004, Lender Negara issued a completely new RM10 Take note with further security features such as the holographic strip Formerly only observed to the RM50 and RM100 notes. A brand new RM5 polymer banknote with a distinctive clear window was also issued.