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

Singapore could bar under-18s from social media platforms that fail safety test

Malaysia

College student dies after falling from 22nd-floor condominium in Setapak

Malaysia

PM praised for ‘Medeka Day’ reforms; More needed to cope with rising costs – Guan Eng

By Ian McIntyre

World

Tupac Shakur murder case ends after 30 years as ex-gang leader found guilty

Malaysia

Unidentified man found dead in Sungai Buloh drain as police probe suspected murder

Malaysia

Four killed, four injured in 11-vehicle Pahang highway crash

Malaysia

Sarawak haze crisis deepens as five areas hit hazardous air quality

Opinion

Would the United States use nuclear weapons against Iran?

Malaysia

Tajikistan eyes bigger role for Malaysia in Central Asian market

By Alfian Z.M. Tahir

You may be interested

Malaysia

Cloud seeding to target Sarawak haze and water shortages from Sept 3

Malaysia

Rising airfares push Malaysians towards local holidays as hotel occupancy nears 70%

Malaysia

Toddler dies after falling through gap at Victoria Bridge in Kuala Kangsar

Malaysia

US overcapacity ruling could raise costs, hit Malaysia’s export competitiveness

Malaysia

Bersatu pursues Melaka allies as PN questions its future in coalition

Malaysia

Ong Kian Ming resigns from DAP, commits to help KJ if he contests GE16

Malaysia

College student dies after falling from 22nd-floor condominium in Setapak

Malaysia

Father found still clutching son’s leg after both drown at Johor Beach