13MP sets course for a more inclusive and resilient economy
Communications Minister Datuk Fahmi Fadzil said the plan seeks to build a more inclusive and resilient economy.
"It is anchored in the Madani framework and follows the principle of 'raising the ceiling and raising the floor', with the goal of increasing national income while also improving the livelihoods of the people.
"It focuses on several key sectors and industries, with strong emphasis on value-added activities and value creation, particularly in downstream sectors.
"This is a general overview. Full details will be revealed when it is officially tabled at noon tomorrow," he told reporters after officiating the International Connectivity Conference and Expo today.
Fahmi was responding to questions regarding the 13MP, which will be tabled in the Dewan Rakyat by Prime Minister Datuk Seri Anwar Ibrahim.
On June 23, Anwar described the 13MP as a continuation of the reform agenda driven by the Madani government over the past two years.
He said it was shaped by the aspirations of the Madani Economy, which seeks to restructure the nation's economic framework, uplift the dignity, status and well-being of the people, and foster a more just, sustainable and resilient Malaysia.
Earlier in his speech, Fahmi also said that while connectivity and internet speeds continued to improve rapidly, human values must not be overlooked in the digital age.
"We may harness Artificial Intelligence, but human elements such as ethics must remain a priority and form the foundation of our planning — especially in development and for the future," he said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
5 hours ago
- The Star
On the rise: Bursa Malaysia expected to move upwards to the 1,590 level this week
KUALA LUMPUR (Bernama): Bursa Malaysia is expected to rise this week towards the 1,590 resistance level, contingent on supportive global risk sentiment and incremental clarity over semiconductor tariff trajectories, said an analyst. UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said that given the weekend timing of the meeting between US President Donald Trump and Russian President Vladimir Putin, Malaysia's equity market will absorb any geopolitical repricing effects when trading resumes next week. "Domestically, the investment narrative will be shaped by further disclosures on the 13th Malaysia Plan (13MP) project allocations, while the approach of Budget 2026 -- now under two months away -- will heighten focus on stakeholder engagement sessions as potential precursors to fiscal policy direction ahead of the Prime Minister's parliamentary tabling,' he told Bernama. On the inflation front, Mohd Sedek said Malaysia's July Consumer Price Index (CPI), due for release on Friday, Aug 22, will offer the first high-frequency read on the pass-through impact of the broadened Sales and Service Tax (SST) regime. "We project headline CPI at 1.2 to 1.3 per cent year-on-year, up from 1.1 per cent in June, with core inflation expected to remain contained,' he said. Globally, Mohd Sedek said, investor attention is set to converge on Wednesday's release of the Federal Open Market Committee minutes and the Jackson Hole Symposium (Aug 21-23) -- both considered potential catalysts for repricing policy-rate expectations if a pivot narrative gains momentum. "Pre-Jackson Hole signalling from Washington has intensified, with the Trump administration adopting a more assertive communications posture than the Federal Reserve's (Fed) measured, data-dependent stance. "Treasury Secretary Scott Bessent has escalated his call from a 50-basis-point cut to a cumulative 150-basis-point reduction, amplifying political pressure on the Fed. "This shift, combined with personnel changes at the Bureau of Labor Statistics and the nomination of dovish candidates to the Federal Reserve Board, reflects a coordinated strategy to influence Fed chair Jerome Powell's policy trajectory,' he said. He added that any eventual dovish recalibration could be positioned domestically as both a political and macroeconomic victory, reinforcing the administration's narrative of executive influence over monetary normalisation. On a weekly basis, the FTSE Bursa Malaysia KLCI rose 19.36 points to 1,576.34 on Friday from 1,556.98 a week earlier. The FBM Emas Index gained 129.27 points to 11,731.06, the FBMT 100 Index climbed 132.95 points to 11,512.86, the FBM Emas Shariah Index added 20.67 points to 11,654.85, the FBM 70 Index improved 155.15 points to 16,660.68, and the FBM ACE Index advanced 106.57 points to 4,713.45. By sector, the Financial Services Index rose 499.25 points to 18,080.07, the Plantation Index increased 77.91 points to 7,504.03, and the Energy Index went up 4.11 points to 740.83. Weekly turnover dropped to 11.10 billion units worth RM11.87 billion from 12.65 billion units worth RM11.65 billion in the previous week. The Main Market volume shrank to 7.16 billion units valued at RM11.06 billion compared with 7.66 billion units valued at RM10.61 billion previously. Warrants turnover declined to 3.37 billion units worth RM453.56 million from 3.62 billion units worth RM508.07 million in the preceding week. The weekly ACE Market volume grew to 1.64 billion units valued at RM593.87 million versus 1.37 billion units valued at RM529.84 million previously. - Bernama TAGS:
Borneo Post
7 hours ago
- Borneo Post
Fahmi: Don't be afraid to show patriotism, fly the Jalur Gemilang
Datuk Fahmi Fadzil (centre) waves the Jalur Gemilang at the opening of the programme to promote cultural arts with the Pantai Dalam community. – Bernama photo KUALA LUMPUR (Aug 17): Communications Minister Datuk Fahmi Fadzil has advised Malaysians not to be afraid to display their patriotism and fly the Jalur Gemilang during the national month. Fahmi, who also serves as the MADANI Government spokesperson, said the patriotic spirit of the people should not be dampened by the attempts made by some individuals to instil fear around activities involving the national flag. 'Do not be afraid to put up the Jalur Gemilang. Don't feel scared. Some may be worried because a small group of individuals tries to stir up sentiment and exploit the situation to intimidate people. 'Do not take action on behalf of the police; the police will investigate. Do not take action on behalf of the Attorney General's Chambers; the Attorney General will prosecute. Do not take action on behalf of the judges,' he said at the opening of the programme to promote cultural arts with the Pantai Dalam community, here today. On Friday, Prime Minister Datuk Seri Anwar Ibrahim stressed that there would be no more warnings or reprimands; instead, strict action would be taken against anyone who incites ethnic, religious, and cultural tensions in the country. Anwar said that the growing harmful elements, from the issue of the death of 13-year-old student, Zara Qairina Mahathir, allegedly due to bullying, and most recently the upside-down display of Jalur Gemilang, must be stopped immediately. Meanwhile, Fahmi said that relevant parties must not take the law into their own hands, urging them to trust the authorities to carry out their duties. 'The message I want to convey is that during this National Month, fly the Jalur Gemilang proudly and without fear, to remind ourselves, our families and our communities that Malaysia belongs to all of us,' he said. When asked by reporters on calls by some parties to boycott National Day celebrations if Zara Qairina's case remains unsolved, Fahmi said it should not happen because the celebrations are national events, encouraging everyone to celebrate. 'I, too, want justice for Zara; we don't want bullying to become an ongoing issue. The law is already in place, and action is being taken by Bukit Aman, which has taken over the investigation into the Zara Qairina case. An inquest has been requested, and I believe a date will be set soon. We know that the justice process does take time. 'I believe we will obtain justice. Let us not build castles over graves. Let us not try to take advantage to gain personal popularity. What we want is justice,' he added. – Bernama Fahmi Fadzil Jalur Gemilang merdeka day patriotism
The Sun
8 hours ago
- The Sun
Show patriotism proudly, fly Jalur Gemilang without fear
KUALA LUMPUR: Communications Minister Datuk Fahmi Fadzil has encouraged Malaysians to embrace patriotism by flying the Jalur Gemilang without hesitation. Fahmi, also the MADANI Government spokesperson, stated that public enthusiasm for national symbols should not be undermined by fearmongering. 'Do not be afraid to put up the Jalur Gemilang. Don't feel scared.' He noted that certain groups exploit flag-related issues to create unnecessary anxiety among citizens. 'Do not take action on behalf of the police; the police will investigate.' Fahmi emphasised that legal matters should be left to authorised institutions like the Attorney General's Chambers. He made these remarks during a cultural arts promotion event in Pantai Dalam. Prime Minister Datuk Seri Anwar Ibrahim recently warned against inciting racial or religious tensions. Anwar stressed that harmful incidents, including the upside-down flag display, must be addressed firmly. Fahmi urged the public to trust law enforcement agencies in handling sensitive cases. 'Fly the Jalur Gemilang proudly and without fear, to remind ourselves that Malaysia belongs to all of us.' Responding to boycott calls over Zara Qairina's unresolved case, Fahmi opposed linking justice demands to National Day celebrations. 'I, too, want justice for Zara; we don't want bullying to become an ongoing issue.' He confirmed that Bukit Aman is investigating the case, with an inquest expected soon. Fahmi cautioned against exploiting tragedies for personal or political gain. 'Let us not build castles over graves.' He reiterated the importance of patience in the justice process. - Bernama
