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Bursa Malaysia Sees 70-Point Rise Since Tabling of 13th Malaysia Plan


Kuala lumpur: Bursa Malaysia has recorded an increase of 70 points up to today since the 13th Malaysia Plan (13MP) was tabled, said Finance Minister II Datuk Seri Amir Hamzah Azizan. Amir Hamzah, who is also the acting Economy Minister, noted that the rise in Bursa Malaysia’s performance reflects the market’s acceptance of the 13MP. He emphasized the importance of evaluating the data comprehensively and cautioned against relying on a single data point during his speech in the Dewan Rakyat.



According to BERNAMA News Agency, Amir Hamzah was addressing a query from Wan Ahmad Fayhsal Wan Ahmad Kamal (PN-Machang) regarding the market’s reaction to the tabling of the 13MP. In response to claims that the 13MP lacks a ‘wow factor’, Amir Hamzah urged for a thorough examination of the document, emphasizing the need for innovative approaches rather than relying solely on existing policies.



Amir Hamzah outlined the 13MP’s priorities, which include transitioning to a value-creation-based economy and embracing artificial intelligence. The plan also focuses on reforms in education, labor, housing, healthcare, and public service, aiming to reshape development through a multi-dimensional approach.



The 13MP is built on four pillars: strengthening economic diversity, enhancing social mobility, accelerating public service reform, and improving people’s wellbeing and environmental sustainability. These pillars are supported by 122 strategies, over 600 initiatives, and 162 national key performance indicators, according to Amir Hamzah.

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