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Budget 2026 Aims To Lift Ceiling Of National Growth, Achieve High-income Status

KUALA LUMPUR, Aug 8 (Bernama) – Raising the ceiling of national growth is one of the three central pillars of the MADANI Economy to propel Malaysia towards a high-income, competitive and sustainable economy grounded in humanistic values and social justice, according to the Finance Ministry (MOF).

MOF Expects Malaysia's Economy To Grow Moderately In 2026

KUALA LUMPUR, Aug 8 (Bernama) -- Malaysia’s economy is expected to grow at a moderate pace in 2026 amid heightened global trade uncertainties and subdued external demand, said the Ministry of Finance (MOF).

GX Bank Strengthens Role In Serving Underserved, Eyes Micro Merchant Segment

KUALA LUMPUR, Aug 8 (Bernama) -- GX Bank Bhd is strengthening its role in advancing financial inclusion, with around 60 per cent of its customer base comprising underserved segments, including individuals from the bottom 40 per cent (B40) income bracket and 10 per cent from the gig economy.

Business Events Instrumental To Achieve Tourism Targets Under 13MP -- Ahmad Zahid

KUALA LUMPUR, Aug 7 (Bernama) -- Business events will be instrumental for Malaysia to achieve its targets of 35.6 million tourist arrivals and RM147 billion in total receipts during Visit Malaysia Year 2026, as well as a 16 per cent contribution to gross domestic product from the tourism sector during the 13th Malaysia Plan (13MP) period. 

Government Mulls Raising Tobacco Tax — Anwar

PUTRAJAYA, Aug 7 (Bernama) -- The government is considering a proposal to raise the tobacco tax rate, Prime Minister Datuk Seri Anwar Ibrahim said on Thursday.

Budget 2026 Aligned With First Year Of 13MP — Anwar

 PUTRAJAYA, Aug 7 (Bernama) -- Budget 2026, to be tabled this October, will be aligned with the implementation of the first year of the 13th Malaysia Plan (13MP) to ensure the country’s development trajectory is consistent with the medium-term policy framework introduced earlier.

Reform Must Become Part Of The ASEAN Way To Withstand Global Shocks - Tengku Zafrul

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 7 (Bernama) -- The Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has called for structural reforms to continue nationally and on the ASEAN level, noting that the region must remain strong in the face of rising geopolitical and economic uncertainties.

MITI Pledges Strong Implementation Of 13MP To Drive Sustainable, Inclusive Growth - Tengku Zafrul

KUALA LUMPUR, Aug 5 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will ensure that the economic policies under its purview in the 13th Malaysia Plan (13MP) are implemented effectively, said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz. 

BNM Advances Key Initiatives To Boost Digitalisation -- Governor

KUALA LUMPUR, Aug 5 (Bernama) -- Bank Negara Malaysia (BNM) is advancing several key initiatives to boost digitalisation in the country, as a future-ready system needs more than new technology and business models. 

Exporting Rare Earths To US Without Any Restrictions Is Not Exclusive Right To US -- Tengku Zafrul

KUALA LUMPUR, Aug 4 (Bernama) -- The agreement not to impose any export restrictions on the supply of rare earth elements/critical minerals to the United States (US) does not mean that Malaysia grants the US exclusive rights to the supply of those elements.

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.

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.