5m ago
KUALA LUMPUR, July 31 (Bernama) -- The MADANI government has boldly and decisively shaped the direction of national policies through the formulation of a comprehensive framework known as the MADANI Economy that is based on sustainability, the people’s well-being, and governance with integrity.
5m ago
By Siti Noor Afera Abu
KUALA LUMPUR, July 31 (Bernama) -- The prospects for the country’s economic growth are closely linked to the global economic environment, which is expected to moderate during the 13th Malaysia Plan (13MP) period due to various current challenges, according to the 13MP Main Document 2026-2030, themed "Redefining Development."
5m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 31 (Bernama) -- The implementation of fiscal consolidation measures is expected to reduce the fiscal deficit to below three per cent and ensure that the debt level does not exceed 60 per cent of the country’s estimated gross domestic product (GDP).
5m ago
By Siti Radziah Hamzah
KUALA LUMPUR, July 31 (Bernama) -- The country's gross domestic product (GDP) growth is targeted at between 4.5 per cent and 5.5 per cent per annum during the 13th Malaysia Plan (13MP) period from 2026 and 2030, driven primarily by domestic demand, particularly private consumption and investment.
5m ago
By Nor Baizura Basri & Kisho Kumari Sucedaram
KUALA LUMPUR, July 31 (Bernama) -- The 13th Malaysia Plan (13MP), which aims to drive sustainable growth based on value creation across all sectors, involves RM611 billion in investments to ensure the success of the five-year plan, with RM430 billion being the government’s development allocation.
5m ago
KUALA LUMPUR, July 31 (Bernama) -- The 13th Malaysia Plan (13MP) will likely target sustainable gross domestic product (GDP) growth of 4.0-5.0 per cent annually from 2026 to 2030, driven by infrastructure development, domestic consumption and strategic initiatives like the Johor-Singapore Special Economic Zone, according to MBSB Investment Bank (MBSB Research).
5m ago
KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia opened slightly lower on Thursday as investors remained cautious ahead of the 13th Malaysia Plan (13MP) announcement later today, and after the United States Federal Reserve (Fed) signalled a prolonged pause in interest rate cuts.
5m ago
By M.Saraswathi & Karina Imran
KUALA LUMPUR, July 30 (Bernama) -- Malaysia’s ongoing structural reforms to ensure long-term resilience are critical to defend the economy against global shocks, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said during an exclusive interview with Bernama.
5m ago
KUALA LUMPUR, July 30 (Bernama) – The government has decided not to proceed with the implementation of the high-value goods tax (HVGT), according to the Finance Ministry (MOF).
5m ago
KUALA LUMPUR, July 29 (Bernama) -- The Employees Provident Fund (EPF) saw its investment income fall by 13 per cent in the first quarter of 2025 (1Q 2025), recording RM18.31 billion compared to RM20.99 billion in the same period last year.
5m ago
KUALA LUMPUR, July 29 (Bernama) -- Global economic growth is projected to reach 3.0 per cent in 2025 and 3.1 per cent in 2026, above the reference forecast in the April 2025 World Economic Outlook (WEO), according to the International Monetary Fund’s (IMF) July 2025 WEO update, released today.
5m ago
By Anas Abu Hassan & Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, July 29 (Bernama) – Malaysia’s semiconductor industry is poised to benefit from the upcoming 13th Malaysia Plan (13MP), as the government seeks to strengthen the country’s role in the global supply chain.