Penang Targets RM156 Bln GDP By 2030 Under Digital Economy Master Plan

GEORGE TOWN, Aug 9 (Bernama) -- Increasing Penang’s Gross Domestic Product (GDP) contribution from RM116 billion in 2023 to RM156 billion by 2030 is among the key success metrics under the newly launched Digital Economy Master Plan (DEMP) 2025-2030.

Pahang Records RM4 Bln Investments In 1h 2025, Highest Among East Coast States

KUANTAN, July 16 (Bernama) -- The Pahang state government has recorded RM4 billion in realised investments in the first half (1H) of 2025, the highest in the East Coast region, said Menteri Besar Datuk Seri Wan Rosdy Wan Ismail.

Stronger-than-expected June IPI Signals Solid 2Q GDP Growth -- RHB IB

KUALA LUMPUR, Aug 7 (Bernama) -- June 2025’s stronger-than-expected Industrial Production Index (IPI) points to solid second-quarter gross domestic product (2Q GDP) growth of 4.5 per cent year-on-year (y-o-y), with potential upside towards 4.6 per cent, according to RHB Investment Bank Bhd (RHB IB).

Fiscal Deficit To Fall In Phases To Reduce National Debt Burden - PM Anwar

KUALA LUMPUR, Aug 5 (Bernama) — The MADANI government is gradually reducing the fiscal deficit in phases to lessen the national debt burden, said Prime Minister Datuk Seri Anwar Ibrahim.

KUSKOP Targets Medium-sized Firms To Comprise 5 Pct Of Total MSMEs By 2030

KUALA LUMPUR, Aug 4 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is targeting to increase the number of medium-sized firms to five per cent of the country’s total micro, small and medium enterprises (MSMEs) by 2030 from 1.6 per cent currently. 

SME Corp Targets RM1 Trn GDP Contribution From MSMEs By 2030

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 4 (Bernama) -- The contribution of micro, small and medium enterprises (MSMEs) to the country's gross domestic product (GDP) is targeted to reach RM1 trillion by 2030, provided efforts to empower the sector are doubled under the 13th Malaysia Plan (13MP).

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.

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.

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.

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.