SEOUL: A South Korean rapper confirmed that he is alive and well, bringing a commotion to a close over a rumour he had died, believed to have been orchestrated by either him or his girlfriend.
PETALING JAYA: Selangor is the new high-income state as of July 2 according to World Bank Malaysia , says its lead economist Apurva Sanghi.
Four other states - Kuala Lumpur, Pulau Penang, Sarawak and Labuan - have met the threshold with Kuala Lumpur having the highest GNI per capita at USD29,967 .He said in his post on X on July 4 that this projection is most affected by the exchange rate of ringgit to USD. Apurva added that as of July, Malaysia's GNI per capita is USD2,035 short of the high income threshold but also said that high income does not necessarily equate to high development.
The World Bank clarifies that there are four income groupings, low, lower-middle, upper-middle and high.
Selangor High-Income State State Income Economic Development
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