Economy
Malacca has adopted as its slogan, "Visiting Malacca Means Visiting Malaysia" ("Melawat Melaka Bererti Melawati Malaysia"). Industrial areas are centred along the edges of the city proper in suburbs which include Batu Berendam, Cheng, Ayer Keroh and Tasik Utama, while outside Malacca city industrial areas include Alor Gajah.
On October 21, 2010 an event was held to announce that Malacca had met the benchmark of 'Developed State' as set out by OECD Organisation for Economic Cooperation and Development and a declaration of "Melaka Maju 2010" was made by Malaysian Prime Minister Najib Abd RazakMelaka Maju 2010.
Read more about this topic: Malacca
Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)