Gerakan Youth passes resolution limiting president’s tenure

Posted on : 31-10-2009 | By : sabah today | In : News

October 31, 2009

KUALA LUMPUR: The Gerakan Youth passed all the nine resolutions at the movement’s conference Saturday that, among other things, proposed that the tenure for the party presidency be limited to three terms.

Gerakan Youth: Barisan parties must dissove and merge into one party

Posted on : 31-10-2009 | By : sabah today | In : News

October 31, 2009

KUALA LUMPUR: Gerakan Youth has called for all Barisan Nasional component parties to be dissolved and merged into a single political entity that represents all races in the country.

Gerakan Is Stronger Although Capability Is Being Quesioned

Posted on : 31-10-2009 | By : sabah today | In : News

October 31, 2009

KUALA LUMPUR, Oct 31 (Bernama) — Gerakan deputy president Datuk Chang Ko Youn said the party was now stronger although many were still doubtful about Gerakan’s capability and strength as a component party of the Barisan Nasional (BN).

Budget allocates more funds for small firms

Posted on : 31-10-2009 | By : sabah today | In : News

October 31, 2009

AS the dust begins to settle following last Friday’s unveiling of Budget 2010, many small and medium enterprises (SMEs) are not “overly excited” about the measures announced by the Government. In fact, SMI Association president Chua Tiam Wee says most of the SMEs expected much more from the budget.

POIC IDEAL FOR DOWNSTREAM FIRMS

Posted on : 30-10-2009 | By : sabah today | In : News

30th October, 2009

OMAN: The strategic location of the deep-water port of Lahad Datu and the huge supply of crude palm oil make the Palm Oil Industrial Cluster (POIC) an ideal investment destination for companies seeking long-term supply of raw materials and downstream processing of oil palm.

Sabah traders to gain from Cafta implementation 2010

Posted on : 30-10-2009 | By : sabah today | In : News

30th October, 2009

NANNING: Sabah traders will benefit in terms of tariff reduction with the implementation of China Asean Free Trade Area (Cafta) agreement by next year.

Asia Needs To Have Own Financial System, Says Don

Posted on : 30-10-2009 | By : sabah today | In : News

October 30, 2009

KUALA LUMPUR, Oct 30 (Bernama) — Asia needs to have its own financial system to maintain stability and succeed in this sector, said former Bank Negara Malaysia assistant governor, Datuk Seri Andrew Sheng here on Friday.

PM: Government to set up National Innovation Centre

Posted on : 30-10-2009 | By : sabah today | In : News

30th October, 2009

KUALA LUMPUR: The government will establish a National Innovation Centre and a network of Centres of Innovation Excellence as a step towards accelerating national innovation and commercialisation activities, said Prime Minister Datuk Seri Najib Tun Razak.

Asia must adapt to ‘new world’: IMF

Posted on : 30-10-2009 | By : sabah today | In : News

30th October, 2009

SEOUL: Asia is leading the way out of the global economic slump but must adapt to a “new world” of softer demand in major Western export markets, the International Monetary Fund said Thursday.

Sedco plans to build more R&R centres

Posted on : 29-10-2009 | By : sabah today | In : News

October 29, 2009

MEMBAKUT: The Sabah Economic Development Corporation (Sedco) plans to build more Rest and Recreation (R&R) centres in suitable areas in each district in the State under the 10th Malaysian Plan.

Sabah eyes Sohar model for Lahad Datu

Posted on : 29-10-2009 | By : sabah today | In : News

October 29, 2009

SOHAR (Oman): The Sabah Government is interested in attracting all sorts of resource-based value-adding industries as well as manufacturing for import substitution.

SABAH WANTS INVESTORS IN PORT MANAGEMENT

Posted on : 29-10-2009 | By : sabah today | In : News

29th October, 2009

SOHAR: The Sabah Government is interested in attracting all sorts of resource-based value-adding industries as well as manufacturing for import substitution.

2010 Budget Prudent, Says Ernst & Young

Posted on : 29-10-2009 | By : sabah today | In : News

October 29, 2009

KUALA LUMPUR, Oct 29 (Bernama) — Ernst & Young Tax Consultants have described Budget 2010 as being prudent and fresh from a year where the country saw a three per cent contraction in gross domestic product (GDP) growth coupled with an expected 7.4 per cent fiscal deficit.

Japanese economy showing signs of recovery

Posted on : 28-10-2009 | By : sabah today | In : News

October 28th, 2009

TOKYO: Japan is showing signs of a recovery with factory output picking up, the finance ministry said yesterday, upgrading its assessment of the world’s second largest economy.The economy is “in a severe situation but recovery signs are seen in some sectors such as an upturn in production activity,” the ministry said.

A responsive and responsible budget

Posted on : 27-10-2009 | By : sabah today | In : News

October 27th, 2009

KUCHING: As the global economy recovers from its worst slump in 60 years, Malaysia’s Budget 2010 appears to have struck an appropriate balance between imperative shortterm growth and long-term fiscal sustainability.According to RAM Holdings Bhd’s (RAM) group chief economist Dr Yeah Kim Leng the fiscal flexibility has been enhanced by reining in operating expenditure.