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KNM's Subsidiary To Dispose Of Entire Equity Interest In FBM Hudson Italian

KUALA LUMPUR, Aug 1 (Bernama) -- KNM Group Bhd’s wholly-owned subsidiary, KNM Europa BV, will dispose of its entire equity interest in FBM Hudson Italian SPA (FBMHI) to SymbEx GmbH and Terragarda GmbH for EUR19.50 million (EUR1=RM4.89). 

Malaysia’s 13MP GDP, Fiscal Deficit Targets Are Attainable -- CGS

KUALA LUMPUR, Aug 1 (Bernama) -- CGS International Securities Malaysia Sdn Bhd believes the average gross domestic product (GDP) growth target of 4.5–5.5 per cent under the 13th Malaysia Plan (13MP), along with the fiscal deficit target of three per cent of GDP by 2030, is attainable.

Achieving 13MP Ambitions Depends On Strong Political Will, Execution -- Kenanga Investment

KUALA LUMPUR, Aug 1 (Bernama) -- The 13th Malaysia Plan (13MP) outlines a bold vision of structural transformation, social inclusivity, and climate resilience, but its credibility hinges on political will and disciplined execution, said Kenanga Investment Bank Bhd.

US Tariff Cut Signals Openness, 13MP Key Economic Buffer For Malaysia - Economists

By Karina Imran

KUALA LUMPUR, Aug 1 (Bernama) -- The United States' (US) decision to reduce tariff on Malaysian exports to 19 pr cent from 25 per cent signals a willingness to negotiate, but the revised tariff is still expected to have significant economic repercussions for Malaysia in the short- and long-term, said an economist. 

Amir Hamzah: 13MP To Drive High-value Economic Growth, Sustain Trade Surplus

KUALA LUMPUR, August 1 (Bernama) -- The government anticipates that Malaysia’s trade surplus will remain stable under the 13th Malaysia Plan (13MP), supported by the growth of high-value industries and a transition towards increased economic complexity, said Datuk Seri Amir Hamzah Azizan.

Malaysia Hosts High-Level SDMX Workshop To Strengthen Regional Statistical Capacity

IPOH, July 31 (Bernama) -- Malaysia recently hosted International Workshop on Advanced Statistical Data and Metadata Exchange (SDMX) at the Malaysian Statistical Training Institute (ILSM) in Sungkai, Perak.

Malaysia Aims To Be Leading Global Economy By 2030 - PM Anwar

KUALA LUMPUR, July 31 (Bernama) -- Malaysia aims to rise as a leading Asian economy with its own identity rooted in Eastern culture and wisdom, ultimately becoming a high-income nation and one of the world’s top 30 economies by 2030.

Bursa Malaysia Ends At Intraday Low Despite Growing Optimism Over 13MP Announcement

By Danni Haizal Danial Donald

KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia closed at its intraday low on Thursday, tracking weaker regional sentiment despite optimism on Malaysia’s strategic policy vision under the 13th Malaysia Plan (13MP) announcement.

Govt Strengthens National Policies Via MADANI Economy Framework -- PM Anwar

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.

Fueling the Future: 13MP Focuses On Value Creation To Drive Growth, With RM430 Bln Development Allocation

 

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.

Bursa Opens Softer As Investors Eye 13MP, Fed Signals Pause

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.

Ringgit Ends Slightly Lower Against US Dollar Ahead Of Fed Rate Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 30 (Bernama) -- The ringgit reversed its morning gains to close slightly lower against the US dollar today, as traders turned cautious ahead of the United States (US) Federal Reserve's (Fed) interest rate decision, amid uncertainty over a potential cut.