Special committee to study economic impact on Malaysia-China trade

Posted on : 13-04-2014 | By : sabah today | In : News

April 13, 2014

KOTA KINABALU: The government has agreed to form a special committee to study the economic impact on trade and investment between Malaysia and China following the disappearance of Flight MH370 last month.

Sabah draws RM38 bln investment

Posted on : 12-04-2014 | By : sabah today | In : News

April 12, 2014
KOTA KINABALU: Sabah has been emerging as one of the favoured investment destinations in Malaysia as indicated by the total investment planned in the Sabah Development Corridor (SDC).

Head of State applauds impactful projects in 2013

Posted on : 11-04-2014 | By : sabah today | In : News

April 11, 2014
KOTA KINABALU: Various high impact government development programmes implemented last year have brought about significant changes in the socio-economic landscape of Sabah, especially in the state capital, where drastic improvements were made through several iconic projects, said Head of State Tun Juhar Mahiruddin.

Hub for O&G human resources at UMS

Posted on : 03-04-2014 | By : sabah today | In : News

3rd April, 2014

KOTA KINABALU: Universiti Malaysia Sabah (UMS) plans to be the hub for creating human resources for the State’s oil & gas industry, which will be worth over RM45 billion by 2015 and creating over 16,000 jobs across Malaysia, annually.

M’sian firms should leverage on Timor-Leste’s untapped biz potential

Posted on : 02-04-2014 | By : sabah today | In : News

2nd April, 2014

KUALA LUMPUR: The Prime Minister of the Democratic Republic of Timor-Leste, Kay Rala Xanana Gusmao, has urged Malaysian companies to leverage on the country’s untapped business potential in various sectors including healthcare, infrastructure, agriculture and fisheries and natural resources.

PM: Ongoing subsidy rationalisation for people’s well-being

Posted on : 02-04-2014 | By : sabah today | In : News

April 2, 2014
KUALA LUMPUR: Gains from the ongoing subsidy rationalisation will be channelled for national development to improve the well-being and quality of life of the people, Prime Minister Datuk Seri Najib Tun Razak said yesterday.

Mara acquires 18 cluster units of Ready Built Factory Phase 4 (RBF4)

Posted on : 01-04-2014 | By : sabah today | In : News

1st April, 2014

KOTA KINABALU: The Majlis Amanah Rakyat (Mara) acquires 18 cluster units of Ready Built Factory Phase 4 (RBF4) costing RM13.5 million at Kota Kinabalu Industrial Park in Sepanggar.

Royalty: State Govt open to views

Posted on : 01-04-2014 | By : sabah today | In : News

April 01, 2014

Kota Kinabalu: Chief Minister Datuk Seri Musa Aman assured that the State Government is open to hearing views brought up in a responsible manner on the issue of oil royalty.

Esscom marks first anniversary today

Posted on : 01-04-2014 | By : sabah today | In : News

April 01, 2014

Lahad Datu: Come Tuesday, after officially starting operations on April 1, 2013, the Eastern Sabah Security Command (Esscom) celebrates its first anniversary.

Use green technology, eco-green concepts to reduce global warming – Mayor

Posted on : 31-03-2014 | By : sabah today | In : News

31st March, 2014

KOTA KINABALU: Mayor Datuk Abidin Madingkir urges new buildings in the city to adopt green technology and eco-green concepts to save the use of electricity and hence contribute towards reducing global warming.

Renewable energy potential in Sabah projected to exceed 2,700MW — Ongkili

Posted on : 30-03-2014 | By : sabah today | In : News

March 30, 2014

KOTA KINABALU: The renewable energy (RE) potential in Sabah is projected to exceed 2,700 megawatt (MW) in total if fully exploited, said Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili.

Property development 3rd largest earner for Sabah

Posted on : 30-03-2014 | By : sabah today | In : News

30th March, 2014
PENAMPANG: Members of the Sabah Housing and Real Estate Developer’s Association (Shareda) generated an estimated Gross Development Value (GDV) of RM7.562 billion last year.

According to research conducted by Shareda, the GDV places property development in third place of the State economy’s largest earners after the oil and gas industry at RM10 billion and the palm oil industry at RM15.3 billion Sabah’s tourism industry stands at fourth place with earnings of RM5.6 billion.

Tourism vital economic driver, says Masidi

Posted on : 30-03-2014 | By : sabah today | In : News

30th March, 2014
KOTA KINABALU: The tourism industry has become a crucial economic driver for Sabah and created plenty of employment opportunities to the locals in the hospitality sector.

Tourism, Culture and Environment Minister Datuk Seri Panglima Masidi Manjun said last year Sabah received 3.35 million visitors bringing in RM6.35 billion in tourism receipts.

Moody’s: M’sia can withstand external financial shocks

Posted on : 27-03-2014 | By : sabah today | In : News

27th March, 2014
KUALA LUMPUR: Moody’s Investors Service says Malaysia’s vulnerability to external financial shocks will be limited by its strong external position and large pool of domestic savings.

Nevertheless, it said, net portfolio inflows into Malaysia (A3 positive) during 2010-2012 surpassed the accumulated total of the previous decade, representing vulnerability to a sudden drop or reversal of these flows.

Disbursements for sdc projects currently at RM1.4 bln

Posted on : 26-03-2014 | By : sabah today | In : News

March 26, 2014

KOTA KINABALU: Disbursements for projects in the Sabah Development Corridor (SDC) for the 2008-2014 period under the Ninth and Tenth Malaysia Plans are currently at RM1.4 billion.