KUALA LUMPUR, Sept 11 — The government will conduct an impact study to identify gaps in the implementation and effectiveness of the Public Sector Data Sharing Policy and the National Data Sharing Policy in encouraging data sharing.

KUALA LUMPUR, Sept 11 — The government continues to focus on the development in the Sabah and Sarawak regions through various projects and new initiatives in the final period of the 12th Malaysia Plan (12MP).

KUALA LUMPUR, Sept 11 — The government will continue to enhance the efficiency of public service by further reviewing and streamlining the structure and functions of ministries and agencies, as one of the Big Bold initiatives of governance and institutional framework to reduce overlapping and to clearly define functions of agencies in the public sector.

KUALA LUMPUR, Sept 11 — The government is re-examining the national development plan including reviewing the public-private partnership (PPP) policy, said Prime Minister Datuk Seri Anwar Ibrahim today.

KUALA LUMPUR, Sept 11 — The government will establish a Sports Industry Centre of Excellence in collaboration with selected higher education institutions (HEIs) to develop the sports industry.

KUALA LUMPUR, Sept 11 — A national framework to strengthen the management of protected areas in a bid to protect the country’s biodiversity and conserve its ecosystem, species and genetic diversity will be developed in the remaining 12th Malaysia Plan (12MP) period.

KUALA LUMPUR, Sept 11 — The Federal government’s revenue is seen at RM904.83 billion for the remainder of the 12th Malaysia Plan (12MP) from 2023 to 2025, resulting in a deficit of RM257.93 billion, the Ministry of Economy stated.

KUALA LUMPUR, Sept 11 — The economic potential of the regions and states in Malaysia will be further strengthened to attract more quality investments in niche areas by promoting the adoption of advanced technology in the upstream and downstream activities, said the Ministry of Economy.

KUALA LUMPUR, Sept 11 — Private investment is expected to grow by 6.4 per cent per annum or an average of RM301 billion per year in current prices, supported by faster implementation of new and ongoing projects across key economic sectors.

KUALA LUMPUR, Sept 11 — The world economy is projected to grow by 3.1 per cent annually in the remaining 12th Malaysia Plan (12MP) period of 2023 - 2025, driven by emerging markets and developing economies, particularly China, said the Economy Ministry.

KUALA LUMPUR, Sept 11 — The policy on intellectual property (IP) will be reviewed to enhance the national commercialisation ecosystem that will proliferate technology ownership, adoption, and transfer.

KUALA LUMPUR, Sept 11 — The government is formulating a national adaptation plan to address current and future vulnerabilities to the impacts of climate change.

KUALA LUMPUR, Sept 11 — The Ministry of Economy said the focus in the agriculture sector will be on strengthening food security and improving the competitiveness of the agricommodity subsector, by intensifying smart farming activities and the adoption of technologies.

By Amar Shah Mohsen SHAH ALAM, Sept 11 – The government has increased the spending ceiling for the 12th Malaysia Plan (12MP) by RM15 billion, in order to finance initiatives aimed at assisting the public, Datuk Seri Anwar Ibrahim said. This will take the overall allocation for the five-year...

KUALA LUMPUR, Sept 11 — The Mid-Term Review of the 12th Malaysia Plan (2021 - 2025) report has outlined aspirations for micro, small and medium enterprises (MSMEs) to overcome barriers, to grow and scale up to stay competitive and resilient, the Ministry of Economy said today.

KUALA LUMPUR, Sept 11 — Malaysia’s economy is on track to grow between 5.0 and 5.5 per cent per annum for the remainder of the 12th Malaysia Plan (12MP), driven by domestic demand, particularly private sector expenditure.

KUALA LUMPUR, Sept 11 — The Unity Government is preparing the country for phase two of the Mid-Term Review of the 12th Malaysia Plan (12MP MTR), themed Sustainable, Prosperous, High-Income, with three main focus areas; strengthening sustainability, developing a prosperous society, and progressing towards becoming a high-income nation.

KUALA LUMPUR, Sept 11 — Prime Minister Datuk Seri Anwar Ibrahim tabled the 12th Malaysia Plan (12MP) Mid-Term Review (MTR) today with the theme Malaysia Madani: Sustainable, Prosperous, High-Income, at the Dewan Rakyat.

KUALA LUMPUR, Sept 8 — It is crucial to conduct a mid-term review of the 12th Malaysia Plan (12MP) to determine whether the set targets for 2025 align and can be accomplished with the vision of Malaysia Madani, said Economy Ministry Deputy Secretary-General (Macro) Luqman Ahmad.

KUALA LUMPUR, July 27 — Malaysia aims to elevate its economy to be among the world’s top 30 largest in less than 10 years from number 37 in 2022 based on World Bank data by focusing on greater regionalisation and competitiveness, prioritising economic complexity and moving up the value chain.