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

ACE Market-listed Aemulus Holdings Bhd (KL:AEMULUS) has secured new orders worth US$3.86 million (RM15.77 million) from an undisclosed Singapore customer for test systems used in the data centre and artificial intelligence (AI) market.

Aemulus secures RM15.8m orders for data centre, AI test systems from Singapore customer

Oil prices rose on Wednesday, with Brent futures holding above US$100 (RM408.74) a barrel, on continued Middle East supply risks and a storm heading for oil-producing regions in the US.

Oil rises as investors weigh supply threats

Bursa Malaysia Securities has dismissed MMM Group Bhd’s (KL:MMM) appeal against the rejection of its proposed regularisation plan, paving the way for the company to be delisted on Oct 12.

MMM Group to be delisted on Oct 12 as Bursa Malaysia dismisses appeal

Transit routes in the Strait of Hormuz deemed illegal by Iran will soon be closed, an adviser to the Revolutionary Guards' Commander told the semi-official Fars News Agency on Wednesday, referring to the southern pathway hugging Oman's coast.

Iranian official says 'illegal Hormuz routes' to soon be blocked

Enterprise IT services provider Ancile Tech Bhd has filed its draft prospectus for an initial public offering (IPO) on the ACE Market, as it seeks funds to set up an in-house network operations centre (NOC) and security operations centre (SOC), and expand its business beyond northern Peninsular Malaysia.

IT solutions provider Ancile Tech files draft prospectus for ACE Market listing to fund business expansion

The Ministry of Health (MOH) has proposed making a health insurance protection or contribution mechanism mandatory for refugees and asylum seekers registered under the refugee registration document.

MOH proposes mandatory health insurance for refugees, asylum seekers

Police have arrested seven people, including several foreigners, in connection with the theft of 2.5kg of jewellery worth over RM1.7 million from a shopping mall in Genting Highlands, Bentong, in August.

Seven arrested over RM1.7 mil jewellery heist in Genting Highlands

European stocks and the euro fell sharply on Wednesday as oil prices rose above US$100 amid renewed Middle East tensions while concerns France's fiscal woes could affect broader debt markets continued to weigh on overall sentiment.

European shares, euro slide as energy shock, fiscal worries bite

The interest rate on the most common US home loan jumped last week to its highest in almost three years, worsening affordability for buyers four weeks before elections that will decide if President Donald Trump's Republicans keep control of Congress.

US 30-year mortgage rate hits highest in nearly three years

JOHOR BAHRU (Oct 7): All schools in Johor will be closed for two days from Thursday due to haze and deteriorating air quality across the state.

State Education and Information Committee chairman Dr Muhammad Naqib Md Ghazali said the decision was made on the orders of the Regent of Johor...

Johor schools to close for two days due to worsening haze, says exco

CIMB Group Holdings Bhd (KL:CIMB), Malaysia’s second-largest lender by assets, fell to its lowest in three months as banking stocks fell amid persistent concerns over rising bond yields.

Malaysian banking stocks fall as JPMorgan downgrades CIMB, AMMB

Worsening air pollution driven by wildfires in Indonesia prompted Malaysia to temporarily shut schools in one of its most populated states, just as a major Formula One race in neighbouring Singapore approaches.

Wildfire haze shuts Malaysia schools and looms over Singapore F1

The former Negeri Sembilan Undangs' court case linked to the ongoing power tussle in the state will now be battled out solely in the Seremban High Court.

Undangs withdraw case in KL, legal bid in Seremban remains

KUALA LUMPUR (Oct 7): Glove stocks were among Wednesday's most actively traded counters, led by Top Glove Corp Bhd (KL:TOPGLOV), though analysts cautioned the world's largest glove maker's strong finish to its financial year ended Aug 31, 2026 (FY2026) may not signal a sustained recovery.

Top Glove leads glove stocks higher on strong results, but analysts doubt recovery holds

Billionaire Ray Dalio warned that artificial intelligence (AI) is a “classic bubble” that is nearing a bursting point thanks to rising interest rates and the need to turn wealth into cash.

Ray Dalio says we’re nearing point where AI bubble may burst

KUALA LUMPUR (Oct 7): FTSE Bursa Malaysia KLCI extended its downward trend on Wednesday, falling to an 11-month low as persistent foreign selling and cautious sentiment amid elevated oil prices continued to weigh on the local market.

FBM KLCI slides to nearly a year low as foreign selling, high oil prices weigh on sentiment

The appeal records in former prime minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) criminal case are still not ready.

1MDB-Tanore: Appeal records not ready

Two corporate figures, who are brothers holding the titles of Datuk Seri and Datuk Wira respectively and who were previously remanded for five days to assist investigations into&nbsp;abuse of power and irregularities involving an investment of about RM10 million, have been released on Malaysian Anti-Corruption Commission (MACC) bail.

RM10m investment probe: Datuk Seri, Datuk Wira brothers out on MACC bail

KUALA LUMPUR (Oct 7): The High Court on Wednesday has asked Kuala Lumpur City Hall (DBKL) to reconsider whether it wants to continue pursuing its stay application of having to pay RM1.3 million in damages to a retired senior police officer and his wife, over their home being badly damaged after DBKL had allowed the construction of a condominium nearby.

KL City Hall told to reconsider continuing with stay order application over having to pay RM1.3 mil damages

PEN SJ Electronics Sdn Bhd has pledged to invest over US$70 million (RM286.1 million) to establish an advanced packaging materials and thermal management solutions facility in Penang, which is expected to create more than 1,000 jobs.

China firm to invest over US$70m in Penang, create more than 1,000 jobs — CM

KUALA LUMPUR (Oct 7): Apex Securities expects volatility to remain elevated in the fourth quarter for equities, citing higher oil prices, persistent geopolitical risks in the Middle East and interest rates staying higher for longer.

Volatility to stay elevated into 4Q for equities; Budget 2027 seen as stock-picking play — Apex Securities

KUALA LUMPUR (Oct 7): The 10 Negeri Sembilan executive councilors have filed an originating summons (OS) at the Seremban High Court to challenge the revocation of their appointments, which took effect on Sept 20.

All deposed Negeri Sembilan excos file suit challenging their expulsion

The first witness for the Federal Land Development Authority conceded in High Court on Wednesday that competing bidders for the agency's prime land along Jalan Semarak were not owned by Synergy Promenade Sdn Bhd shareholder and director Abdul Rahman Soltan, after initially suggesting otherwise.

Felda fraud suit: Witness admits rival bidders for Jalan Semarak land not owned by Synergy Promenade director

The KLIA aerotrain will undergo a scheduled software upgrade to strengthen its operational robustness and long-term performance following the completion of 20,000 continuous operational hours.

KLIA to shut down aerotrain for software upgrade

HI Mobility Bhd (KL:HI) is now attractive, said CGS International&nbsp;as it undervalues&nbsp;the bus operator’s growth story following the stock’s recent decline.

HI Mobility now undervalued after recent decline, says CGS International as it starts coverage with 'buy'

Pasir Gudang member of parliament Hassan Abdul Karim urges the government to reject any bailout request from airlines as taxpayers should not bear the cost of rescuing a private company.

Govt should not bail out troubled airlines, says Pasir Gudang MP

The 16th Melaka election will be held on Nov 14, the Election Commission (EC) announced after a special meeting on Wednesday.

Melaka polls on Nov 14

TUN Dr Hasmah Mohd Ali, one of Malaya’s earliest Malay women doctors and a pioneering public health physician who would spend decades at the centre of Malaysian public life, died on Sept 28 at the age of 100.

Malaysians knew her as Siti Hasmah, though she said in a 2024 podcast intervie...

TRIBUTE | Tun Dr Hasmah — a trailblazer in women’s healthcare and community welfare

KUALA LUMPUR (Oct 7): Tax collection in Malaysia rose to RM129.6 billion in the first half of 2026 from RM119.1 billion a year earlier, supported by higher corporate income tax and sales and service tax (SST) receipts, the Dewan Rakyat heard on Wednesday.

Higher corporate tax, SST receipts lift first-half collection to RM129.6 bil, Dewan Rakyat told

ACCESS to Arm’s Compute Subsystem (CSS) would lower the technological barrier for Oppstar Bhd (KL:OPPSTAR) to develop an advanced chip.

But an Arm token is not an instant earnings booster, Oppstar’s senior executives acknowledge in an interview with The Edge.

Its chief operati...

12th Malaysia Plan

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