KUALA LUMPUR (Oct 7): The Dewan Rakyat passed the 12th Malaysia Plan 2021-2025 without amendment on Thursday, after four days of debate and a winding-up session that spanned three days by the ministries.

Dewan Rakyat passes 12th Malaysia Plan by voice vote

The Institute for Democracy and Economic Affairs (IDEAS) has lauded the many aspects of the 12th Malaysia Plan (12MP) tabled by Prime Minister Datuk Seri Ismail Sabri Yaakob earlier on Monday, which include an expansionary fiscal approach, its focus on the people’s well being and unity, as well as on advancing sustainability.

IDEAS: Private-led growth should also be promoted under 12MP

KUALA LUMPUR (Sept 28): Minister at the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed has disputed claims by opposition leader Datuk Seri Anwar Ibrahim that the Economic Planning Unit (EPU) had paid over RM2 billion to consultants to complete the 12th Malaysia Plan (12MP) report.

Govt paid 'very small sum', not RM2b, to complete 12MP report, says Mustapa

KUALA LUMPUR (Sept 28): Opposition lawmaker Tony Pua has questioned if the 12th Malaysia Plan (12MP) will be implemented successfully this time, saying that it resembled the previous five-year national roadmaps.

Calling 12MP similar to previous plans, Tony Pua asks if latest five-year roadmap will be a success this time

The 12th Malaysia Plan's (12MP) target of raising Malaysia’s average monthly household income to RM10,065 by 2025 will depend on the execution of those plans, according to the World Bank.

Execution is key to achieving 12MP goal of RM10,065 per household, says World Bank

Mah Sing Group Bhd lauded the 12th Malaysia Plan (12MP) tabled on Monday, which outlines a five-year development road map to revitalise the economy post Covid-19 pandemic.

Mah Sing founder and group managing director Tan Sri Leong Hoy Kum in a statement said: “We view the 12th Malaysia Plan positively as it emphasises social welfare and protection of Malaysians as well as strengthens economic growth. This creates a conducive environment for the rakyat and local businesses to build a strong foundation for the next five years as the nation works towards ensuring sustainable and inclusive economic development for all Malaysians.

Mah Sing welcomes 12th Malaysia Plan, hopes for additional catalysts in Budget 2022

Customary brick-and-mortar beneficiaries such as the construction and infrastructure sectors are noticeably lacking this time round in the 12th Malaysia Plan (12MP), a five-year plan covering the period from 2021 to 2025, PublicInvest Research said.

It noted that this is evident from the country’s shift towards digital-based infrastructure as drivers of future growth.

Little excitement for construction sector from 12MP

Hong Leong Investment Bank Research (HLIB Research) said the targets and measures of the 12th Malaysia Plan (12MP) are broadly positive in the longer term, but are unlikely to cause much immediate market excitement as this still hinges on near-term economic reopening momentum.

12MP is long-term positive but lacks near-term market excitement — HLIB Research

KUALA LUMPUR (Sept 28): Technology players, currently enjoying an e-commerce boom fuelled by the Covid-19 pandemic, are seen as beneficiaries of the 12th Malaysia Plan (12MP), analysts said, given the government's commitment to drive digitalisation and accelerate technology adoption to grow the economy.

Tech, utility players seen as beneficiaries of 12MP — analysts

An economist said the 4.5% to 5.5% annual economic growth target set out under the 12th Malaysia Plan (12MP) is realistic as the pandemic-hit economy is expected to recover from next year.

12MP target to raise household income to RM10,000 is ambitious, says economist

The government is "on the right track" to improve Malaysia's rail and road network infrastructure across ports and industrial areas in urban and rural areas under the 12th Malaysia Plan, said MyHSR Corp Sdn Bhd.

Govt on right track to improve land transport infrastructure, says MyHSR Corp

The 12th Malaysia Plan (12MP) is a fine balance between finding new ways to spur economic growth while at the same time keeping government finances in check after battling one of the country’s biggest economic shock, said RHB Research.

12MP seeks to balance growth needs with fiscal constraint — RHB Research

KUALA LUMPUR (Sept 27): The sale of Bumiputera shares or companies will only be offered and sold to fellow Bumiputera consortiums, firms and individuals under a soon to be introduced government measure.

12MP: Bumi shares and firms will only be allowed to be sold to fellow Bumiputeras

The government should consider reviewing the strategies outlined under Priority Area B (Enhancing Healthcare Service Delivery) of the 12th Malaysia Plan (12MP) tabled in Parliament on Monday by Prime Minister Datuk Seri Ismail Sabri Yaakob, said a public policy research and advocacy organisation.

12MP: Govt needs to review its strategies on health, says Galen Centre

President Donald Trump said Saudi Arabia would commit to investing US$1 trillion (RM4.29 trillion) in the US, a key goal of his first scheduled foreign trip since returning to office.

Trump says Saudi Arabia will boost US investments to US$1 tril

Egg prices pulled back 18% from a record high last month, offering some relief as supplies recovered from bird flu shock.

Shoppers paid US$5.122 (RM22) per dozen for large eggs on average in April, falling from two straight months of record highs that brought prices above US$6, the US Bureau of Labor Statistics said on Tuesday.

US egg prices fall to US$5 a dozen from record highs

Pakistan said on Tuesday that it remains committed to the truce with India, agreed after four days of intense fighting last week, but vowed to respond to any future aggression by New Delhi with full resolve.

Pakistan says committed to ceasefire with India but vows to respond to aggression

The US took a fresh step seeking to curb Iran’s oil revenues with sanctions on an international network that it said facilitates the shipment of millions of barrels to China, an effort by the Trump administration to further pressure Tehran while negotiating over its nuclear programme.

US slaps sanctions on network shipping Iranian oil to China

New Intel Corp chief executive officer Lip-Bu Tan is focused on improving the execution of the chipmaker’s existing strategy rather than making sweeping changes, according to his head of finance.

“The strategy is the strategy — we’ve got to execute better,” chief financial officer Dave Zinsner said at a JPMorgan Chase & Co technology conference.

Intel’s new CEO to focus on executing its existing strategy

Distributor of products for Fortune 500 companies, DKSH Holdings Malaysia Bhd (KL:DKSH) reported a net profit of RM48.17 million for the first quarter ended March 31, 2025 (1QFY2025), its second-highest quarterly profit.

DKSH posts RM48.2m profit in 1Q on record revenue and cost savings

Canadian Prime Minister Mark Carney, who won an election last month promising to stand up to US President Donald Trump, unveiled a new cabinet on Tuesday that he said would help define a new relationship with the US.

Carney unveils cabinet aimed at resetting US-Canada ties

Microsoft is laying off 3% of its workforce, or roughly 7,000 employees, CNBC reported on Tuesday, as the technology giant looks to rein in costs while funnelling billions of dollars into its ambitious bet on artificial intelligence (AI).

Microsoft to lay off 3% of workforce, CNBC reports

The easing of trade tensions between the United States and China is a step in the right direction and helps reduce European fears of being flooded with Chinese goods redirected from the US market, European Economic Commissioner Valdis Dombrovskis said.

US-China trade respite eases EU fears of being flooded with Chinese goods

The Federal Court has granted the Attorney General’s Chambers (AGC) leave to appeal against the Court of Appeal’s (COA) decision in favour of UEM Sunrise Bhd's (KL:UEMS) wholly owned unit UEM Land Bhd challenging the RM8.49 million additional tax assessment and penalty slapped by the Inland Revenue Board (IRB).

AGC granted leave to appeal COA ruling allowing UEM Sunrise unit to challenge RM8.49 mil additional tax assessment

KUALA LUMPUR (May 13): The US-China tariff deal is seen as negative for Malaysian glove makers, as it makes Chinese gloves cheaper and more competitive, potentially hurting demand for local products.

Analysts say US-China tariff cuts are negative for Malaysian glove makers

KUALA LUMPUR (May 13): Starting May 11, 2025, Malaysia will impose five-year anti-dumping duties on flat-rolled products of iron or non-alloy steel, and tinplate from China and other Asian nations, following an investigation on the imports of the products.

Malaysia imposes anti-dumping duties on steel, tinplate from China and other Asian nations

As U Mobile Sdn Bhd has been appointed to roll out the second 5G network in the country, its stake in Digital Nasional Bhd (DNB) will be taken over by CelcomDigi Bhd (KL:CDB), Maxis Bhd (KL:MAXIS), YTL Power International Bhd (YTLPOWR) and the Minister of Finance Inc (MOF Inc).

U Mobile stake in DNB to be taken over by CelcomDigi, Maxis, YTL Power, MOF Inc

When Lucas Silva Ferreira needed a new air conditioner to cool his Rio de Janeiro home in the sweltering February heat, he decided to go with a Chinese model instead of old standbys like LG or Whirlpool.

Half-price air conditioners are sparking frenzy for China brands in Brazil

AS geopolitical tensions between the US and China continue to disrupt global supply chains, Taiwan-based Advanced Semiconductor Engineering Inc (ASE Inc) — the world’s largest outsourced semiconductor assembly and test (OSAT) player — is doubling down on Malaysia with the opening of its fifth pla...

Taiwanese OSAT giant ASE doubles down on Malaysia amid US-China trade war

The RM892 million Dawn KLCC, a development by Dawn Land Sdn Bhd, has achieved a take-up rate of 91% since its launch in April last year. The development is a 70:30 joint venture between Chin Hin Group Property Bhd (KL:CHGP) and Fiamma Holdings Bhd (KL:FIAMMA). Chin Hin Group Property and Fiamma s...

Dawn KLCC is 91% sold

HSBC Global Research has revised its year-end forecast for the ringgit from 4.45 to 4.20 against the US dollar, as the heightened external volatility has slightly tipped the balance in favour of the ringgit&nbsp;over the medium term.

HSBC raises year-end USD-MYR forecast to 4.20, citing external volatility favouring ringgit

KUALA LUMPUR (May 13): ICT Zone Asia Bhd, a tech financing solutions provider, has launched its initial public offering (IPO) as part of its transfer from the LEAP Market to the ACE Market, aiming to raise RM26.6 million.

ICT Zone Asia sets ACE Market IPO price at 20 sen, aiming to raise RM27m for ICT asset purchase

SINCE news of her abduction a month ago broke last week, many questions have been asked about 42-year-old Datin Seri Pamela Ling Yueh: What has happened to her? And what was the motivation behind her disappearance?

Kidnapped Pamela Ling’s application for a judicial review against MACC money laundering probe provides some context but also raises more questions

Kerjaya Prospek Group Bhd (KL:KERJAYA) said an adjudicator has ordered Yong Tai Bhd (KL:YONGTAI) to pay the construction outfit RM75.46 million over an alleged unpaid contract for a mixed development project in Melaka, known as “The Apple”.

Kerjaya Prospek wins RM75.46m adjudication award in dispute with Yong Tai

Bank Negara Malaysia’s (BNM) move to lower the statutory reserve requirement (SSR) has set the stage for a possible overnight policy rate (OPR) cut, but according to Moody’s Analytics, two key conditions must first be met.&nbsp;

Moody’s: BNM likely to hold OPR at 3%, September cut dependent on inflation and Fed's move

WM Senibong Sdn Bhd has achieved a 100% take-up rate for Kew Green 1, the maiden precinct in its 38-acre master plan named The Kews, within three months of its launch in December 2024.

WM Senibong sells out Kew Green 1 within three months

CRUDE palm oil (CPO) exporter Pacific Inter-Link Sdn Bhd (PIL) expects the discount of palm oil to soybean oil to persist for the next six to 12 months, due to tight soybean oil supply from the US and South America and a gradual rise in palm oil production.

This will enhance palm oil’s ...

CPO discount to soybean oil seen lasting up to one year, says Pacific Inter-Link

Distributor of products for Fortune 500 companies, DKSH Holdings Malaysia Bhd (KL:DKSH) reported a net profit of RM48.17 million for the first quarter ended March 31, 2025 (1QFY2025), its second-highest quarterly profit.

Frozen and dried food distributor Guan Huat Seng Holdings Bhd is preparing to list on the ACE Market of Bursa Malaysia to secure funding for its expansion plans, according to its draft prospectus filed with the exchange.

Frozen, dried food distributor Guan Huat Seng plans ACE listing

Oxford Innotech Bhd, a Penang-based engineering solutions company, has received approval from Bursa Malaysia for its initial public offering (IPO) on the ACE Market.

Oxford Innotech gets approval for ACE Market IPO, plans new factory in Penang

Malaysians spent more in March ahead of Ramadan, thanks to government cash aid and festive deals — lifting retail, wholesale, and even car sales, official data showed.

Malaysia’s distributive trade — which includes wholesale, retail, and vehicle sales — grew 5.7% year-on-year (y-o-y) in March to RM154 billion, according to the Department of Statistics Malaysia (DOSM). This is the highest growth in three months and stronger than February’s 5.2% rise. On a month-on-month (m-o-m) basis, trade increased by 3.7%.

Malaysia’s wholesale and retail sales grew faster in March, driven by festive season, cash aid — official data

An agreement between Petroliam Nasional Bhd (Petronas) and Sarawak's state-owned Petroleum Sarawak Bhd (Petros) on the management of natural gas in the state would be announced in "two more days", according to Borneo Post, quoting Sarawak Premier Tan Sri Abang Johari Tun Openg.

Abang Jo says Petronas-Petros agreement coming in 'two more days' — report

KUALA LUMPUR (May 13): Duopharma Biotech Bhd (KL:DPHARMA) is expected to deliver another strong quarter of growth, following the positive impact of approved products purchase list (APPL) contracts observed in peer company Pharmaniaga Bhd (KL:PHARMA), CGS International said.

Duopharma set for strong 1Q growth backed by approved products purchase list contracts — CGS International

Sentoria Group Bhd (KL:SNTORIA) said its external auditor Messrs Kreston John &amp; Gan had expressed a disclaimer of opinion on the group's audited financial statements for the 15-month period ended Dec 31, 2024, due to insufficient audit evidence.

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