
Use annual reports to spur implementation of 13MP
First, it elevates the importance of improving government efficiency. In a clear departure from the 12MP, where it was one of 13 chapters, government efficiency is now one of the four main pillars of the 13MP.

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Barnama
an hour ago
- Barnama
MATRADE Supports RM2.09 Trillion Export Target By 2030
BUSINESS KUALA LUMPUR, Aug 8 (Bernama) — The Malaysia External Trade Development Corporation (MATRADE) supports the country's gross export growth target, averaging 5.8 per cent annually, to reach RM2.09 trillion by 2030. In a statement today, it said it will continue to play a strategic role in expanding global trade networks and intensifying export promotion in high-impact sectors aligned with MADANI economic principles. MATRADE chairman Datuk Seri Reezal Merican Naina Merican said the agency's initiatives will be coordinated to support the government's aspirations under the 13th Malaysia Plan (13MP). "Priority will be given to strengthening the nation's export competitiveness by empowering micro, small, and medium enterprises (MSMEs), exploring new markets, enhancing product innovation, and adapting to an increasingly complex and challenging global trade landscape by embracing digital and sustainable business models." "These efforts align with the 13MP's aspirations, which emphasise the importance of driving economic growth via increasing exports, strengthening economic inclusivity, and incorporating technology and innovation in strategic sectors," he said. Meanwhile, MATRADE chief executive officer Datuk Seri Mohd Mustafa Abdul Aziz said the export promotion programme focuses on key sectors such as electrical and electronic goods, halal, digital, agriculture, franchised products, and services. "These efforts also leverage MATRADE's network of overseas offices to help Malaysian companies effectively foray into international markets," he added. According to MATRADE, expanding export matching programmes, foreign market guidance, and the provision of capacity-building programmes such as seminars, workshops, and related courses will be implemented for MSMEs. It will also take strategic steps in planning export development and promotion programmes that align with government aspirations, particularly in developing high-growth, high-value industries. These include the electrical and electronics sector, games and digital animation, halal products, modern agriculture, global services and franchising.


Focus Malaysia
an hour ago
- Focus Malaysia
Bursa Malaysia outperforms regional peers, ends week at intraday high
BURSA Malaysia ended the week higher, closing at an intraday high, outperforming regional peers as the formal announcement of the 13th Malaysia Plan and renewed developments in United States trade tariff policy served as dual tailwinds for market sentiment. At 5 pm, the FBM KLCI rose 7.87 points or 0.51 per cent to close at 1,556.98 from Thursday's close of 1,549.11. The benchmark index had opened 0.11 of a point lower at 1,549.00 and hit its lowest level of 1,546.41 during the morning session but gained momentum thereafter. However, the broader market was negative, with decliners beating gainers 541 to 448, while 494 counters were unchanged, 1,030 untraded and nine suspended. Turnover increased to 2.43 bil units worth RM2.22 bil from 2.21 bil units worth RM2.35 bil on Thursday. —Aug 8, 2025


Malay Mail
2 hours ago
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Bursa closes at intraday high, bucks regional downtrend on 13MP boost, US trade hopes
KUALA LUMPUR, Aug 8 — Bursa Malaysia ended the week higher, closing at an intraday high, outperforming regional peers as the formal announcement of the 13th Malaysia Plan (13MP) and renewed developments in United States trade tariff policy served as dual tailwinds for market sentiment. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.87 points or 0.51 per cent to close at 1,556.98 from Thursday's close of 1,549.11. The benchmark index had opened 0.11 of a point lower at 1,549.00 and hit its lowest level of 1,546.41 during the morning session but gained momentum thereafter. However, the broader market was negative, with decliners beating gainers 541 to 448, while 494 counters were unchanged, 1,030 untraded and nine suspended. Turnover increased to 2.43 billion units worth RM2.22 billion from 2.21 billion units worth RM2.35 billion on Thursday. UOB Kay Hian Wealth Advisors Sdn Bhd's head of investment research Mohd Sedek Jantan said the FBM KLCI concluded the week on a firmer footing, while regional benchmarks remained subdued amid lingering macroeconomic uncertainty. 'The local index sustained ahead of the midday intermission, but the bullish momentum consolidated post-lunch, underpinned by rising probability-weighted expectations of US monetary policy easing. 'This trajectory was consistent as the confluence of domestic policy catalysts and evolving global trade dynamics support market sentiment,' he told Bernama. Among the heavyweights, Maybank lost two sen to RM9.61, while Public Bank and Tenaga Nasional gained four sen each to RM4.33 and RM13.80, CIMB rose eight sen to RM6.86, and IHH was one sen higher at RM6.96. Of the most active counters, Ekovest fell one sen to 39.5 sen, Tanco eased half-a-sen to 76.5 sen, Top Glove dipped two sen to 59.5 sen, and TWL was flat at 2.5 sen, while Pharmaniaga inched up half-a-sen to 18 sen. Across the broader market, the FBM Emas Index increased 35.25 points to 11,601.79, the FBMT 100 Index rose 39.25 points to 11,379.91, and the FBM Emas Shariah Index advanced 28.02 points to 11,634.18. The FBM ACE Index shaved 24 points to 4,606.88 while the FBM 70 Index dipped 23.44 points to 16,505.53. By sector, the Financial Services Index soared 83.36 points to 17,580.82, the Energy Index inched up 2.04 points to 736.72, and the Plantation Index climbed 77.38 points to 7,426.12, while the Industrial Products and Services Index eased 0.26 of-a-point to 157.76. The Main Market volume rose to 1.46 billion units valued at RM2.04 billion from 1.33 billion units valued at RM2.15 billion on Thursday. Warrants turnover climbed to 715.60 million units worth RM89.04 million from 620.69 million units worth RM97.15 million previously. The ACE Market volume dropped to 250.96 million units worth RM92.31 million from 258.67 million units worth RM99.50 million yesterday. Consumer products and services counters accounted for 272.11 million shares traded on the Main Market; industrial products and services (205.39 million), construction (135.62 million), technology (183 million), SPAC (nil), financial services (87.43 million), property (207.12 million), plantation (15.62 million), REITs (20.36 million), closed-end fund (2,800), energy (72.28 million), healthcare (139.91 million), telecommunications and media (32.58 million), transportation and logistics (37.11 million), utilities (51.70 million), and business trusts (2,300). — Bernama