Energy Commission assures every effort to address power crisis in Sabah.

Posted on : 30-11-2008 | By : sabah today | In : News

November 29,2008

KUALA LUMPUR: A diesel-power electricity generating plant is in the pipeline for Sandakan to supply at least 100megawatts to temporarily address the power shortage problem while existing stations are being upgraded or in some cases, decommissioned.

Zaid Ibrahim must explain presence at PKR Congress: Muhyiddin

Posted on : 30-11-2008 | By : sabah today | In : News

November 30, 2008
KOTA KINABALU: Former Minister in the Prime Minister’s Department Datuk Mohd Zaid Ibrahim must explain his presence at Parti Keadilan Rakyat’s national congress in Shah Alam to Umno’s disciplinary board before action is taken against him.

Zaid Ibrahim makes appearance at PKR congress

Posted on : 30-11-2008 | By : sabah today | In : News

November 29, 2008
SHAH ALAM: Former minister Datuk Zaid Ibrahim who is an Umno member caused a stir Saturday by showing up at the PKR national congress opening.
He however denied that he had joined PKR or any other opposition party.

Zeti: Malaysia will not slip into recession

Posted on : 28-11-2008 | By : sabah today | In : News

November 29, 2008
Sturdy domestic demand and Govt policies to help expand economy
KUALA LUMPUR: As global economic growth weakens significantly, Bank Negara believes Malaysia will not join the list of countries that have slipped into recession.

World economy shaky despite massive bank rescues

Posted on : 27-11-2008 | By : sabah today | In : News

November 28, 2008

LONDON: The U.S. government’s recent decision to save banking giant Citigroup Inc. may ultimately be remembered as the last high-profile bank rescue in the great financial crisis of 2008, but that doesn’t mean it’s business as usual in global markets.

Zeti: Full effects of global crisis could be felt next year

Posted on : 27-11-2008 | By : sabah today | In : News

November 26, 2008

PETALING JAYA: The full effects of the global economic crisis could be felt on emerging economies in the first half of next year, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said.

Sapp: No compromise on local autonomy

Posted on : 27-11-2008 | By : sabah today | In : News

Tony Thien | Nov 23, 08 6:13pm

Constructive and innovative relationship with Pakatan Rakyat in Sabah without compromising on the principle of local autonomy.

This is how Sabah Progressive Party (Sapp) president Yong Teck Lee wants the ties to be forged with Pakatan Rakyat to be after a breakfast meeting with PKR de facto leader Anwar Ibrahim in Kota Kinabalu yesterday.

SAPP not joining PKR but …

Posted on : 27-11-2008 | By : sabah today | In : News

23rd November, 2008
KOTA KINABALU: Sabah Progressive Party (SAPP) has maintained its stand not to join Parti Keadilan Rakyat (PKR) but said it is seeking constructive and innovative relation with the national opposition front without compromising its objective to gain autonomy for Sabah.
Its president Datuk Yong Teck Lee said regardless of whether they would be opposing each other in the next election or not, SAPP would have a mutual relation with the Anwar Ibrahim-led party.

APEC: Global crisis can be overcome in 18 months

Posted on : 27-11-2008 | By : sabah today | In : News

25th November, 2008
LIMA, Peru: Pacific Rim nations assured the world Sunday that the global financial crisis can be quelled in 18 months, but provided few details of how they expect that to happen _ or how their governments can help.

Asia To Grow Faster Than US, Europe Amidst Global Crisis

Posted on : 24-11-2008 | By : sabah today | In : News

November 24, 2008

DAVAO CITY, Nov 24 (Bernama) — Asian countries are expected to grow much faster than the United States, European Union and the rest of the world amidst the worldwide recession now crippling giant economies around the world, Philippines news agency, PNA, reported Monday quoting executive director Senen Perlada of the Export Development Council (EDC) as saying.

Market gloom eases as Asian stocks rebound

Posted on : 23-11-2008 | By : sabah today | In : News

November 22, 2008

TOKYO: Asian stocks staged a late turnaround Friday on hopes of a Wall Street rally, despite a steady flow of dismal news on the economy that saw the trading day begin with steep declines.

October inflation up 7.6% on-yr, down 0.4% on-month

Posted on : 21-11-2008 | By : sabah today | In : News

November 21, 2008

KUALA LUMPUR: Malaysia’s inflation rate rose 7.6% in October from a year ago but it eased 0.4% from September due to the reduction in the price of petrol and diesel.

Islamic banking can be solution to global financial woes: Dr M

Posted on : 21-11-2008 | By : sabah today | In : News

21 November, 2008
Kuala Lumpur: Islamic banking should not be dismissed as a potential solution for the ongoing global financial crisis, former Prime Minister Tun Dr Mahathir Mohamed said Thursday.

Bank Negara International Reserves At RM343.8 Billion

Posted on : 21-11-2008 | By : sabah today | In : News

November 21, 2008
KUALA LUMPUR, Nov 21 (Bernama) — Bank Negara Malaysia’s international reserves stood at RM343.8 billion (US$99.7 billion) as at Nov 14, lower than RM345.5 billion (US$100.2 billion) as at Oct 31.

Inflation likely to ease further

Posted on : 20-11-2008 | By : sabah today | In : News

November 17, 2008
This is in tandem with declining oil prices
MALAYSIA’S inflation rate, as measured by the consumer price index (CPI), is expected to ease further in October and well into next year in tandem with declining oil prices, economists said.