Latest news with #SharedProsperityVision2030
The Star
01-08-2025
- Business
- The Star
Perikatan: Where is the focus on less developed states?
PETALING JAYA: Perikatan Nasional has criticised the 13th Malaysia Plan (13MP) for lacking the structural strength and fiscal commitment needed to bridge regional and socio-economic gaps, particularly in the six less-developed states. Perikatan's economic portfolio head Mohd Syahir Che Sulaiman said the government had failed to outline specific development expenditure targets for Sabah, Sarawak, Kelantan, Terengganu, Kedah and Perlis. 'From a regional development perspective, the 13MP shows a general commitment to balanced development between states. 'However, unlike the 12MP, which clearly committed 50% of development expenditure to the six less-developed states, the 13MP does not specify any fiscal distribution formula or quantitative targets for these states,' said the Bachok MP following the tabling of the 13MP yesterday. 'It is concerning that the 13MP appears to make no mention of federal-state fiscal reforms, revenue sharing (including tax and mineral revenues such as petroleum), or efforts to develop a more mature and equitable federalism.' Mohd Syahir also questioned the plan's inclusivity, saying its lack of emphasis on economic ownership among the rakyat, particularly the bumiputra community, rural groups and informal workers, risks making it a growth model exclusive to capital owners. 'This contrasts with the Shared Prosperity Vision 2030, which was grounded in the principle of 'leaving no one behind' and explicitly championed bumiputra economic empowerment and more equitable wealth distribution,' he said. While the 13MP acknowledges challenges such as income inequality, low wages and dependence on foreign direct investment, Mohd Syahir said it falls short on bold reforms, including strategies to address the ageing population and long-term productivity issues. 'What are the 13MP's long-term strategies to boost productivity, provide support networks for the elderly, and formulate progressive and sustainable labour policies?' he said. Mohd Syahir said Perikatan MPs would play their role as a responsible Opposition by scrutinising each pillar of the plan, demanding transparency in fiscal allocations, and championing the rights of states that have long been sidelined in the national development process. Meanwhile, former economy minister Datuk Seri Rafizi Ramli claimed that nearly 95% of the 13MP was developed during his time in office. He expressed satisfaction that key reforms proposed under his leadership were preserved in the final document, including major shifts in the education system, economic structure and a focus on new areas such as the ageing nation agenda and the development of the third sector. Rafizi, who resigned from the Cabinet on May 28, also noted that major economic initiatives introduced or proposed during his tenure, such as the National Energy Transition Roadmap, KL20, Johor-Singapore Special Economic Zone, 'Made by Malaysia' branding, the shift towards a 'consumption powerhouse' economy, carbon capture and storage, and the proposed Special Tourism Investment Zone, had all been retained. Even proposals that faced resistance, such as the anti-red tape act and a law to ban the 'Ali Baba' business practice, are now part of the 13MP, he added. He extended his appreciation to the officers of the Economy Ministry, praising their dedication over 20 months despite mounting pressure amid speculation of a Cabinet reshuffle. 'Thankfully, that turned out to be just political noise. This means the ministry's leadership succeeded in ensuring that long-term national planning was not disrupted by political turbulence,' said Rafizi.
New Straits Times
30-07-2025
- Business
- New Straits Times
13MP to focus on value creation
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim is scheduled to table the 13th Malaysia Plan (13MP) in the Dewan Rakyat today, setting in motion the country's final five-year development blueprint leading up to the Shared Prosperity Vision 2030. The 13MP will cover the period from 2026 to 2030, providing the strategic framework for Malaysia's economic, social and environmental priorities as the nation navigates a more complex global environment and domestic reform agenda. The plan is expected to outline an agenda for inclusive growth, strengthening institutions and building climate resilience. The 13MP will also serve as a key policy platform for the unity government, which has anchored much of its governance on the principles of the Madani Economy. Previously, Anwar had signalled the need for a more targeted, impact-driven approach to national planning, one that closes implementation gaps and realigns policies with long-term economic resilience and social justice. The government has conducted months of stakeholder engagement through economic dialogues, state consultations and feedback from industry and civil society to draft the plan. Officials have indicated that the 13MP will focus on enhancing national productivity, accelerating digital and green transformation, and reducing structural inequalities. Communications Minister Datuk Fahmi Fadzil said the five-year plan would be anchored on the Madani principle of "raising the ceiling and raising the floor", a strategy aimed at accelerating economic growth while ensuring broad-based social well-being. "We will also focus on high-value-added sectors and value creation, particularly downstream industries. "That's the general direction of the 13MP," he told reporters after officiating at the International Connectivity Conference and Expo 2025 here yesterday. Fahmi said the plan reflected the government's commitment to building a more inclusive and sustainable economic foundation over the next five years. The previous Malaysia Plan was tabled amid the Covid-19 pandemic, and centred on post-crisis recovery, sustainability and inclusivity. The 13MP is expected to be tabled at noon.
Daily Express
12-06-2025
- Business
- Daily Express
Sabah named ‘Malaysia's Most Outstanding State' for 2024
Published on: Thursday, June 12, 2025 Published on: Thu, Jun 12, 2025 By: FMT Reporters Text Size: Azman Ujang, a chief judge of the awards, highlighted Sabah's potential in economic development and environmental sustainability. (Wikipedia pic) PETALING JAYA: Sabah has made its mark by being named 'Malaysia's Most Outstanding State' for 2024 at the International Business Review (IBR) Asean Awards 2025. Former Petagas assemblyman James Ligunjang said that for the first time, the awards extended recognition to state governments, acknowledging exceptional leadership and accomplishments at the state level alongside corporate achievements. Advertisement Ligunjang said in a statement that under chief minister Hajiji Noor's leadership, Sabah had received the highest honour for implementing the Sabah Maju Jaya development framework. The framework centres on four pillars: championing Sabah's rights, leading with integrity and efficiency, fostering development aligned with the Shared Prosperity Vision 2030, and maintaining unity among the state's diverse communities. He said key achievements that contributed to the recognition include an increase in federal special grants from RM26 million in 2022 to RM600 million in 2025, and a 47% rise in foreign tourist arrivals, boosting the state's revenue. Other highlights include a substantial stake in oil and gas revenues from the commercial cooperation agreement with Petronas, yielding over RM3 billion in 2023, as well as foreign investments soaring from RM132 million in 2023 to over RM1 billion in 2024. Ligunjang also cited progress on the Pan-Borneo Highway, linking major cities and rural areas, as a key achievement by the state. He said that Azman Ujang, a chief judge of the awards, also highlighted Sabah's potential in economic development and environmental sustainability. 'He noted increased foreign investment interest, with investments rising from RM132.7 million in 2023 to RM1.07 billion in 2024, and praised the Kota Kinabalu Industrial Park's record-high occupancy rate of 90% with 288 active investors. 'Sabah also achieved the highest manufacturing sector growth rate in Malaysia at 4.4% in 2023,' Ligunjang said. He said Azman had also emphasised the state's focus on human capital development and environmental conservation, with 62% of Sabah's land, amounting to 4.6 million hectares, declared free of logging, as part of long-term sustainability strategies. The official awards ceremony is scheduled to be held on July 19, at the Sabah International Convention Centre, Kota Kinabalu, with Hajiji expected to attend as an honorary guest. Ligunjang said the award was announced by the event's secretariat, which also honoured Negeri Sembilan as Malaysia's 'Most Progressive State' for 2024. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Star
02-06-2025
- Politics
- The Star
UN-Habitat presidency poised to boost global standing
KUALA LUMPUR: Malaysia's election as president of the United Nations Human Settlements Programme (UN-Habitat) Assembly for the 2025-2027 term is a recognition of the country's achievements and will elevate its profile on the global stage. Senior lecturer at Universiti Teknologi Mara's Faculty of Administrative Science and Policy Studies Dr Mazlan Che Soh, who disclosed this, said the prestigious role would enable Malaysia to showcase its sustainable development model and serve as an example to others. 'As UN-Habitat president, Malaysia will have the opportunity to influence the direction of global policies in urbanisation, affordable housing, disaster management and climate change. 'The role will also enhance bilateral and multilateral cooperation with UN agencies, member states and NGOs in implementing sustainability-driven projects,' he said, Bernama reported. Mazlan said the appointment also enabled Malaysia to become a leading voice for developing countries in sustainable urbanisation, social equity and inclusive development. He said Malaysia could also leverage its presidency to spearhead regional cooperation in building resilient, inclusive and smart cities, as well as create a regional centre of excellence. Mazlan highlighted Malaysia's strong commitment to the sustainability agenda, including the introduction of the Second National Urbanisation Policy, which emphasises inclusivity, environmental responsibility, resilience and smart technologies. 'The Shared Prosperity Vision 2030 promotes inclusive economic growth, balanced regional development and environmental conservation while under the 12th Malaysia Plan, the Sustainable Development Goals have been integrated into national development planning,' he added. He pointed out that several policies had also been developed in line with global sustainability principles, including the National Environmental Policy and National Policy on Climate Change. On Friday, Housing and Local Government Minister Nga Kor Ming announced that Malaysia's presidency was unanimously approved by 193 member states at the UN-Habitat Assembly in Nairobi, Kenya. Set up in 1975 and elevated to a full programme by the UN General Assembly in 2001, the UN-Habitat Assembly is the highest global decision-making body when it comes to sustainable urbanisation and human settlements. It convenes every four years and plays a crucial role in shaping global policies on cities and communities. As president, Malaysia will work closely with the UN-Habitat Executive Board and global partners to strengthen multilateral cooperation, promoting inclusive, climate-resilient and sustainable cities worldwide.
The Sun
01-06-2025
- Politics
- The Sun
Malaysia's election as UN-Habitat Assembly president boosts global standing
KUALA LUMPUR: Malaysia's election as president of the United Nations Human Settlements Programme (UN-Habitat) Assembly for the 2025-2027 term is a recognition of the nation's achievements and offers a strategic platform to elevate its profile on the global stage. Senior lecturer at the Faculty of Administrative Science and Policy Studies, Universiti Teknologi MARA, Dr Mazlan Che Soh, said the prestigious role would allow Malaysia to showcase its sustainable development model and serve as an example for other countries. 'As UN-Habitat president, Malaysia will have the opportunity to influence the direction of global policies in urbanisation, affordable housing, disaster management and climate change. 'The role will also enhance bilateral and multilateral cooperation with UN agencies, member states and non-governmental organisations in implementing sustainability-driven projects,' he told Bernama. Mazlan added that the appointment enables Malaysia to become a leading voice for developing countries in sustainable urbanisation, social equity and inclusive development. He said Malaysia could also leverage its presidency to spearhead regional cooperation in building resilient, inclusive and smart cities, as well as establish a regional centre of excellence. Mazlan highlighted Malaysia's strong commitment to the sustainability agenda, including the introduction of the Second National Urbanisation Policy, which emphasises inclusivity, environmental responsibility, resilience and smart technologies. 'The Shared Prosperity Vision 2030 promotes inclusive economic growth, balanced regional development and environmental conservation, while under the 12th Malaysia Plan, the Sustainable Development Goals have been integrated into national development planning,' he said. He pointed out that several policies have also been developed in line with global sustainability principles, including the National Environmental Policy and the National Policy on Climate Change. On Friday, Housing and Local Government Minister Nga Kor Ming announced that Malaysia's presidency was unanimously approved by 193 member states at the UN-Habitat Assembly in Nairobi, Kenya. Established in 1975 and elevated to a full programme by the UN General Assembly in 2001, the UN-Habitat Assembly is the highest global decision-making body on sustainable urbanisation and human settlements. It convenes every four years and plays a crucial role in shaping global policies on cities and communities. As president, Malaysia will work closely with the UN-Habitat Executive Board and global partners to strengthen multilateral cooperation, promoting inclusive, climate-resilient, and sustainable cities worldwide.
