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Malaysia’s GDP Projected To Grow 4.5–5.5 Pct From 2026 To 2030, Driven By Domestic Demand

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.

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.

Ringgit Opens Higher Ahead Of 13MP Announcement

KUALA LUMPUR, July 31 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Thursday, ahead of the 13th Malaysia Plan (13MP) announcement this afternoon, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Petronas Sets Up Transition Council, Human Capital Development Committee Following Restructuring

KUALA LUMPUR, July 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) has established a Transition Council and a Human Capital Development Committee aimed at coordinating a fair and structured redeployment of staff following the company's organisational restructuring.

Palm Oil Exports To The US Rise 51.8 Pct To 93,000 Tonnes For January To May 2025 -- KPK

KUALA LUMPUR, July 30 (Bernama) -- Malaysia’s palm oil exports to the United States (US) increased by 51.8 per cent to 93,000 metric tonnes from January to May 2025, compared to 61,000 metric tonnes during the same period last year.

CPO Futures Close Higher On Forest Fire, Weaker Output Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today due to forest fires in North Sumatra, a dealer said.

Proceeds Of Import, Export Activities Of Electricity, Re To Benefit The People - PETRA

KUALA LUMPUR, July 30 (Bernama) -- The government is prepared to manage electricity import and export activities as well as renewable energy (RE) trading where the proceeds will be deposited into the Kumpulan Wang Industri Elektrik (KWIE) fund which will benefit the people.

Countervailing And Anti-Dumping Duties (Amendment) Bill 2025 Tabled For First Reading

KUALA LUMPUR, July 30 (Bernama) -- The Countervailing and Anti-Dumping Duties (Amendment) Bill 2025, aimed at protecting local industries from unfair trade practices and ensuring the competitiveness of Malaysian products, was presented for its first reading in the Dewan Rakyat today.

Vietnam’s Non-life Insurance Industry Holds Steady, Says AM Best

KUALA LUMPUR, July 30 (Bernama) -- Global credit rating agency, AM Best is maintaining its stable outlook on Vietnam’s non-life insurance segment, supported by structural economic advantages and strong demand across core insurance lines.

ASEAN's Position As Regional Economic Powerhouse Remains Intact -- BNM Governor

KUALA LUMPUR, July 30 (Bernama) -- ASEAN’s position as an emerging regional economic powerhouse remains intact, as does its commitment to deepen economic integration, such as in the area of finance, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Malaysia's Real GDP Growth Forecast Raised To 4.5 Pct In 2025, 4.0 Pct In 2026 -- IMF

KUALA LUMPUR, July 29 (Bernama) -- The International Monetary Fund (IMF) has raised its forecast for Malaysia's real gross domestic product (GDP) growth to 4.5 per cent in 2025 and 4.0 per cent in 2026. 

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.