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13MP Diversifies Strategies To Keep Malaysia Resilient While Promoting Prudent Spending - Economists

By Durratul Ain Ahmad Fuad & Siti Noor Afera Abu

KUALA LUMPUR, July 31 (Bernama) -- The 13th Malaysia Plan (13MP) has been crafted with the core objectives of the MADANI Economy framework at its foundation while maintaining the flexibility to navigate both domestic and external uncertainties over the next five years, said an economist.

RM430 Bln Under 13MP To Boost Malaysia’s Construction, Infrastructure Sectors - CIMB

KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s construction and infrastructure sectors are set to benefit significantly from the 13th Malaysia Plan (13MP), which allocates RM430 billion for development expenditure (DE) from 2026 to 2030, according to CIMB Investment Bank Bhd.

Ringgit Ends Lower Against US Dollar As Fed Holds Interest Rate Steady

KUALA LUMPUR, July 31 (Bernama) -- The ringgit reversed its gains in the morning to end lower against the greenback on Thursday as the US Federal Reserve (Fed) kept its benchmark interest rate steady overnight.

MBSB Research Projects 4.0 - 5.0 Pct Annual GDP Growth Under 13MP

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). 

Avoid Falling Prey To SARA Aid Registration Scam -- Amir Hamzah

KUALA LUMPUR, July 31 (Bernama) -- The Ministry of Finance (MOF) has urged the public not to be deceived by fraud or scam inviting them to register for the Sumbangan Asas Rahmah (SARA) appreciation initiative announced by the MADANI government, said Finance Minister II Datuk Seri Amir Hamzah Azizan. 

UEM Sunrise Completes RM500 Mln Islamic Medium-term Notes Issuance

KUALA LUMPUR, July 30 (Bernama) -- UEM Sunrise Bhd has completed the issuance of Islamic medium-term notes (IMTNs) worth RM500 million under its existing IMTN programme.

Semiconductor Sector To Benefit From Supply Chain Focus In 13MP – Economist

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.

Kenanga, CIMB Maintain ‘Buy’ On Yinson After US$600 Mln Vietnam Contract

KUALA LUMPUR, July 29 (Bernama) -- Kenanga Investment Bank Bhd and CIMB Securities Sdn Bhd have reiterated their “Buy” calls on Yinson Holdings Bhd after it secured a contract worth around US$600 million to provide and charter a floating storage and offloading (FSO) vessel in Vietnam. (US$1=RM4.21).

Ringgit Ends Lower Vs Greenback As BNM Lower GDP Projection

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 28 (Bernama) -- The ringgit ended easier against the US dollar today, as traders' sentiment was affected by Bank Negara Malaysia’s (BNM) gross domestic product (GDP) revision for the year. 

Ringgit Ends Lower Vs Greenback Following BNM's GDP Forecast Revision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 28 (Bernama) -- The ringgit ended easier against the US dollar today, as traders' sentiment was affected by Bank Negara Malaysia’s (BNM) gross domestic product (GDP) revision for the year. 

TNB Shares Slip At Mid-morning After RM840.1 Mln IRB Tax Notice

KUALA LUMPUR, July 28 (Bernama) -- Tenaga Nasional Bhd’s (TNB) shares slip at mid-morning trading after receiving a notice seeking an additional RM840.1 million in assessment for 2022 from the Inland Revenue Board (IRB).

Tariff Uncertainty To Weigh On Bursa Malaysia Next Week

KUALA LUMPUR, July 26 (Bernama) -- The risk of higher United States (US) tariffs on Malaysia as the Aug 1 deadline draws near is likely to weigh on Bursa Malaysia next week, although domestically-oriented counters are expected to remain relatively resilient, supported by firm internal demand and fiscal tailwinds.