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Business/Economy

Bursa gains 70 points after 13MP tabling, reflecting market confidence, Amir Hamzah tells Parliament

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Bursa gains 70 points after 13MP tabling, reflecting market confidence, Amir Hamzah tells Parliament

AI Summary

Malaysia's Finance Minister II, Datuk Seri Amir Hamzah Azizan, reported a 70-point increase in Bursa Malaysia since the tabling of the 13th Malaysia Plan (13MP). He attributed this rise to positive market reception of the plan. Responding to criticism about the plan lacking a "wow factor," he emphasized the need for in-depth study and highlighted key reforms outlined in the 13MP, including economic restructuring, AI integration, and reforms in education, labor, housing, healthcare, and public service. The plan's multi-dimensional approach across four pillars—economic diversity, social mobility, public service reform, and wellbeing/sustainability—is supported by numerous strategies, initiatives, and key performance indicators.

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