Malaysia

Malaysia’s financial system must drive value-based growth, says Amir Hamzah

Amir urges a transformative shift in Malaysia’s financial system to underpin a more inclusive and value-driven economy, in line with the 13th Malaysia Plan’s strategic vision

Updated 1 year ago · Published on 05 Aug 2025 1:56PM

Malaysia’s financial system must drive value-based growth, says Amir Hamzah
Nation’s financial sector has been recognised as one of 17 strategic, high-growth, high-value (HGHV) sectors - August 5, 2025

MALAYSIA’S financial system must evolve beyond its traditional role and become a driving force for value creation and economic diversification, said Finance Minister II, Datuk Seri Amir Hamzah Azizan.

Delivering his keynote address at the opening of MyFintech Week 2025, Amir Hamzah emphasised that the financial sector has been recognised as one of 17 strategic, high-growth, high-value (HGHV) sectors under the 13th Malaysia Plan (RMK13), capable of steering the nation towards a more resilient and sustainable economic future.

“This transition demands sustained commitment, innovative policymaking, and strong collaboration across all segments of society,” he said.

Amir Hamzah noted that the Financial Sector Blueprint 2022–2026 has already laid strong foundations, widened financial access, and accelerated digital transformation across the industry.

“These advancements have significantly contributed to the country’s GDP and broader national development,” he added.

Among the notable achievements cited were the expansion of financing opportunities for small and medium-sized enterprises (SMEs), Malaysia’s continued leadership in Islamic finance, greater adoption of digital payment systems, and a strengthened social protection framework.

The minister also outlined the government’s F-I-N-D agenda as a guide for the future of the financial sector. It calls for fostering responsible innovation and shared infrastructure, investing in innovation aligned with national priorities, nurturing talent for the future of finance, and democratising access to financial services to enable broader economic participation.

He stressed that these strategic priorities will serve as a compass for shaping a financial ecosystem that is not only inclusive and adaptable, but fundamentally value-driven.

“Malaysia’s financial system must not only support economic activity but shape it—towards shared prosperity and long-term sustainability,” he added. - August 5, 2025

Spotlight

Malaysia

Sarawak DUN to be dissolved on Monday, October 26 – Abang Jo

Malaysia

Architect with 'Datuk' title pleads not guilty to molesting senior police officer's son

World

Strange creature spotted near US-Mexico border

Malaysia

Akmal says public donations hit RM174k, redirects funds to the needy

Malaysia

Illegal temple in Klang used to store drugs

Malaysia

Individual posing as aide to Raja Muda of Selangor causes RM700,000 in losses

Malaysia

Penang to seek greater clarification over Waze ban

By Ian McIntyre

Malaysia

Ismail Lasim insists he remains Negeri Sembilan MB

You may be interested

Malaysia

Malaysia cyber security chief urges public to uninstall Waze over data risks

Malaysia

Selangor declares Oct 26 replacement public holiday for Sultan’s Silver Jubilee

Malaysia

Banks offer repayment relief to families of 54 missing in Nepal disaster

Malaysia

MCMC warns of legal action over viral Kuching school incident video

Malaysia

Illegal temple in Klang used to store drugs

Malaysia

Kuching school attack: Police record 24 statements as suspect remains hospitalised

Malaysia

Melaka police seek 1,500 reinforcements as state poll approaches

Malaysia

Taxpayers face RM20.1b net 1MDB burden despite RM31.3b in asset recoveries