Budget 2026 likely to see record high of RM430.3bil federal govt spending, says Kenanga

KUALA LUMPUR: Kenanga Investment Bank Bhd expects federal government spending to hit a record high of RM430.3 billion next year amid growing operating expenditure (OE) and development expenditure (DE). Ahead of the Budget 2026 presentation next week, the investment bank said in a note today that OE is expected to increase modestly by 2.6  per cent year-on-year to RM342.3 billion in...

Takiyuddin, Rayer clash in Parliament over Indian community housing budget

KUALA LUMPUR: A war of words broke out in the Dewan Rakyat between Datuk Seri Takiyuddin Hassan and RSN Rayer regarding the housing budget for the Indian community under the 13th Malaysia Plan (13MP). Takiyuddin (PN-Kota Baru) questioned why there was none for the Indian community, particularly estate workers without homes under the 13MP. "And since there...

13MP adopts more holistic approach emphasising human social development, says panel director

KUALA LUMPUR: The 13th Malaysia Plan (13MP) has adopted a more holistic approach to development by focusing on human values and social well-being alongside material and physical progress, says Dr Khairil Izamin Ahmad. The director of the All-Party Parliamentary Group of Malaysia on Sustainable Development Goals (APPGM-SDG), said that the 13MP document offers a broader and...

Perikatan hails Anwar’s role in Thailand-Cambodia ceasefire

KUALA LUMPUR: Perikatan Nasional on Monday (Aug 4) congratulated and commended Prime Minister Datuk Seri Anwar Ibrahim for his key role in arranging a ceasefire between Thailand and Cambodia. Perikatan deputy chairman and Opposition Leader Datuk Seri Hamzah Zainudin said the coalition welcomed any Malaysian involvement in efforts to strengthen regional stability. "Whatever role played by the...

Opposition moots cross-party committee to draw up effective 13MP strategies

KUALA LUMPUR: The Opposition has proposed setting up a cross-party committee to examine the targets not achieved in the 12th Malaysia Plan (12MP). Opposition Leader Datuk Seri Hamzah Zainudin (PN-Larut) said the proposed committee would also look into more effective implementation strategies for the success of the 13th Malaysia Plan (13MP) and beyond. "In the spirit of...

Minimum wage to be expanded to cover grads, semi-skilled workers, says PM Anwar

KUALA LUMPUR: The minimum wage policy will be expanded to cover graduates and semi-skilled workers, says Datuk Seri Anwar Ibrahim. The Prime Minister said this will include Technical and Vocational Education and Training (TVET) graduates classified under Masco code 8 and above. “This effort is aimed at ensuring fair wages that reflect the qualifications and skills of...

Economic highlights of the 13th Malaysia Plan 2026-2030

KUALA LUMPUR: The following are the economic highlights of the 13th Malaysia Plan (13MP) 2026-2030 which was tabled by Prime Minister Datuk Seri Anwar Ibrahim in Parliament today, with the theme "Melakar Semua Pembangunan” (Redesigning Development).” - Investments of RM611 billion required to successfully implement 13MP - Development allocation from the government is estimated at RM430 billion, with RM227 billion to be...

95% of 13MP was developed during my tenure as economy minister, says Rafizi

PETALING JAYA: About 95% of the 13th Malaysia Plan (13MP) was developed during my time as economy minister, says Rafizi Ramli. In a statement issued on Thursday (July 31) while the Prime Minister Datuk Seri Anwar Ibrahim was tabling the 13MP, Rafizi thanked the staff of the Economy Ministry for having drafted the long-term plan for...

Dr Wee welcomes public input for 13MP

KUALA LUMPUR: Datuk Seri Dr. Wee Ka Siong has pledged to thoroughly scrutinise every detail of the 13th Malaysia Plan (13MP) and invites public input on issues to raise during the upcoming parliamentary debate. Dr Wee is scheduled to take part in the Dewan Rakyat debate session next Tuesday (Aug 5), following the tabling of RMK13...

Anwar calls for bold education reforms ahead of 13th Malaysia Plan

KUALA LUMPUR: Datuk Seri Anwar Ibrahim has emphasised the need for bold and comprehensive reforms in developing Malaysia's new education strategy ahead of the 13th Malaysia Plan (13MP). The Prime Minister, in a Facebook post Wednesday (May 7) night, said that existing policies must be reviewed and refreshed to ensure every ringgit invested through 13MP yields...