Akmal Nasrullah bin Mohd Nasir

The Vibes reported that Akmal Nasrullah said allocations for the Jualan RAHMAH MADANI and Jualan Agro MADANI programmes would rise to RM750 million in 2027 from RM630 million.

The Vibes reported that Economy Minister Akmal Nasrullah Mohd Nasir said inflation eased to 1.8 per cent in September but that the government was not taking the moderation for granted given rising crude oil and producer prices.

Bernama reported that Economy Minister Akmal Nasrullah Mohd Nasir said the SG4 growth target of up to seven per cent per year for Kedah, Kelantan, Terengganu and Perlis must be backed by implementation capacity, viable planning, higher productivity and effective project implementation, while declining to comment on the targets themselves.

Utusan Malaysia reported that Akmal Nasrullah Mohd Nasir said in his closing speech at KL20@2026 that KL20 is no longer merely about placing Malaysia on the global startup map but about bringing Malaysian innovation to the global market.

Utusan Malaysia reported that Economy Minister Akmal Nasrullah Mohd Nasir said Malaysia's startup valuation reached RM202.64 billion across 5,016 registered companies since the KL20 initiative launched in 2024, with about RM51 billion in investment channeled into the startup ecosystem over two years.

Bernama reported that Economy Minister Akmal Nasrullah Mohd Nasir said investments in startups since the launch of KL20 in 2024 had generated total sales proceeds of RM202.64 billion, with about RM50 billion channelled into the startup ecosystem over the same period.

Sinar Harian reported that Economy Minister Akmal Nasrullah Mohd Nasir presented an economic briefing to the Conference of Rulers.

The Vibes reported that Akmal Nasrullah said the government would keep the subsidised RON95 price at RM1.99 a litre under the BUDI95 programme and had raised the monthly BUDI95 quota to 300 litres from September.

Bernama reported that Akmal Nasrullah said he is deeply concerned about the water supply issue in Kedah, which recorded a zero per cent reserve margin, and the water supply problem in Kelantan, and that basic infrastructure must be addressed for the local economy to develop and attract investment.

Utusan Malaysia reported that Economy Minister Akmal Nasrullah Mohd Nasir said efforts to strengthen high-value semiconductor design capability are in line with the government's aspiration to shift from technology that is merely produced in Malaysia to technology developed and owned by local companies.

Astro Awani reported that Akmal Nasrullah Mohd Nasir said the Basic Expenditure of Reasonable Living (PAKW) is important for assessing household income adequacy by location, family size and cost of living, and is not a benchmark for the minimum wage but can be combined with wage and productivity data to identify income gaps against living needs.

Astro Awani reported that Economy Minister Akmal Nasrullah Mohd Nasir said raising the salary floor alone is insufficient and that the risk of wage compression from the minimum wage rise to RM2,000 from June 2027 must be assessed, taking into account skills, productivity and employers' capacity, especially among micro, small and medium enterprises.

Utusan Malaysia reported that Akmal Nasrullah Mohd Nasir said the government is targeting an overall Malaysian startup value of RM400 billion by 2030 and annual venture capital investment of about RM750 million.

Sinar Harian reported that Economy Minister Akmal Nasrullah Mohd Nasir said the government plans to draft a Digital Infrastructure (Data Centre) Bill to be tabled to the Cabinet in 2027, to regulate data centre industry growth in line with national energy and water supply capacity.

Bernama reported that Akmal Nasrullah said Malaysia aimed to attract about RM700 million in venture capital investments and to add between 2,000 and 3,500 active startups by 2030 through the KL20 initiative.

Astro Awani reported that Economy Minister Akmal Nasrullah Mohd Nasir said the government will continue to improve the implementation of the KL20 initiative, acknowledging there are constraints and issues still to be addressed.

Sinar Harian reported that Economy Minister Akmal Nasrullah Mohd Nasir said a bill on anti-rent-seeking, or the 'Ali Baba' concept, is scheduled to be tabled in Parliament next year, with the Ministry of Economy currently conducting a study to prepare a regulatory framework to address practices undermining market efficiency, unfair competition and productivity growth.

Sinar Harian reported that Economy Minister Akmal Nasrullah Mohd Nasir stated in the Dewan Rakyat that the government targets creating 500,000 job opportunities through AI-related planning, while strengthening workforce upskilling and reskilling programmes to raise the share of skilled workers to 35 per cent by 2030 under the 13th Malaysia Plan.

Bernama reported that Akmal Nasrullah said the total cost of planned development projects in Kelantan last year was RM31.21 billion, almost on par with RM33.2 billion for 280 projects approved in Penang, with Kelantan having 509 development projects in that year.

Bernama reported that Akmal Nasrullah said federal development expenditure for 2025 in the four SG4 states totals RM7.70 billion, about 6.8 times the combined estimated state development budgets of about RM1.13 billion, with 1,487 development projects costing RM71.52 billion approved under the 13th Malaysia Plan.

Utusan Malaysia reported that Akmal Nasrullah Mohd Nasir highlighted a collaboration between Silicon X and Japanese company Tokyo Artisan Intelligence that is exploring joint development, prototyping and commercialisation of reconfigurable artificial intelligence chips.

Utusan Malaysia reported that Akmal Nasrullah Mohd Nasir said Malaysia aims to produce 100,000 high-skilled semiconductor workers by 2030 under the National Semiconductor Strategy, and that the IC Design Park has so far produced about 1,500 skilled workers or engineers.

Bernama reported that Akmal Nasrullah said the government was still working to strengthen the startup ecosystem in pursuit of its target of producing five unicorn companies by 2030, with relevant agencies assisting in identifying and developing promising companies.

Astro Awani reported that Akmal Nasrullah Mohd Nasir said KL20 2026 focuses on progress of programmes introduced since 2024, including technology token recipients developing chips for drones, data storage systems and autonomous vehicles.

The Vibes reported that Economy Minister Akmal Nasrullah Mohd Nasir said federal development funding for the four State Government 4 (SG4) states is 6.8 times higher than their requests, rejecting allegations that the Federal Government marginalises Perikatan Nasional-governed states.

Sinar Harian reported that Akmal Nasrullah said the National Economic Action Council agreed that four lead ministries — KPKT, MITI, MOSTI and KESUMA — together with implementing agencies will adopt the Circular Economy Framework presented by the Economy Ministry.