Malaysia Can Be A Developed Nation With Continuous 6 Per Cent Growth, Says Najib

Posted on : 30-05-2010 | By : sabah today | In : News

May 30, 2010

KUALA LUMPUR, May 30 (Bernama) — Malaysia can be a developed nation by 2020, if the country registers a continuous six per cent annual growth, says Prime Minister Datuk Seri Najib Tun Razak.

EU MP’s Impressed With Palm Oil Industry’s Contribution To Malaysia’s Wealth And Economic Growth

Posted on : 30-05-2010 | By : sabah today | In : News

May 30, 2010

KUALA LUMPUR, May 30 (Bernama) — European Union (EU) Members of Parliament (MPs) are impressed with the palm oil industry’s contribution towards creating wealth and economic growth for Malaysia.

Subsidies have served their purpose

Posted on : 29-05-2010 | By : sabah today | In : News

2010/05/29

Subsidies are like financial derivatives instruments. Useful, but only up to a certain extent.

Over and above their limits, they both provide a false sense of security as the underlying risks will remain present.

Malaysia likely to be net oil importer by 2011

Posted on : 28-05-2010 | By : sabah today | In : News

May 28, 2010, Friday

KUALA LUMPUR: Malaysia is likely to become an oil importer as early as next year at the current rate it is consuming petroleum, Minister in the Prime Minister’s Department, Datuk Seri Idris Jala, said yesterday.Malaysians continue to be among the highest fuel consumers per capita in the world fuel consumption habits pattern which generally has remained relatively unchanged despite increased oil prices in 2008.

Government may fork out RM200b in petrol subsidies unless price raised

Posted on : 28-05-2010 | By : sabah today | In : News

28th May, 2010
KUALA LUMPUR: The government may fork out a staggering RM200 billion to subsidise petrol and diesel prices in the next 10 years unless fuel prices are raised, Minister in the Prime Minister’s Department, Datuk Seri Idris Jala said yesterday.

M’sia aims for RM40 bln investment this year

Posted on : 28-05-2010 | By : sabah today | In : News

28 May 2010

KUALA LUMPUR: Malaysia is targeting at least RM40 billion worth of investments this year from the RM32.6 billion approved in 2009, says Minister of International Trade and Industry Datuk Seri Mustapa Mohamed.

Subsidy cuts a must – Idris

Posted on : 28-05-2010 | By : sabah today | In : News

28 May 2010

Focus on fuel, electricity in saving RM103 billion in 5 years to reduce debt

KUALA LUMPUR: Malaysians must bite the bullet and wean off subsidies to save the government RM103 billion in five years to reduce the nation’s deficit and debt, said Datuk Seri Idris Jala, Minister in the Prime Minister’s Department.

Palm oil voluntarily certified through RSPO

Posted on : 25-05-2010 | By : sabah today | In : News

May 25, 2010

KOTA KINABALU: Palm oil stands out as the only edible oil certified voluntary, through the Roundtable On Sustainable Palm Oil (RSPO) principles and criteria, said Plantation Industries and Commodities Minister, Tan Sri Bernard Dompok.
Tan Sri Bernard Dompok

Govt to help smallholders increase oil palm yield

Posted on : 25-05-2010 | By : sabah today | In : News

25th May, 2010

KOTA KINABALU: The government is placing emphasis on enhancing smallholders’ productivity through the adoption of better planting materials, automation, mechanisation and good agriculture practice.

Proving RM49.5b palm oil is from sustainable sector

Posted on : 25-05-2010 | By : sabah today | In : News

May 25, 2010

Kota Kinabalu: Malaysia, as the world’s second largest palm oil producer, is determined to portray it as a responsible and sustainable industry, assured Plantation Industries and Commodities Minister, Tan Sri Bernard Dompok.

Sabah on target to eradicating poverty

Posted on : 25-05-2010 | By : sabah today | In : News

2010/05/25

KOTA KINABALU: Sabah’s hardcore poor have been reduced by 248 households in the past two months from 16,944 last March to 16,696 as on May 19.

More dialogues needed to hear public views on NEM

Posted on : 24-05-2010 | By : sabah today | In : News

May 24, 2010

KOTA KINABALU: There should be more dialogues and seminars about the National Economic Model (NEM) so that public voices on the matter can be heard, said Gerakan vice-president Datuk Raymond Tan.

NEM should be embraced : Tan

Posted on : 24-05-2010 | By : sabah today | In : News

24th May, 2010

KOTA KINABALU: The New Economic Model (NEM) is not to be feared but to be embraced as 1Malaysia which is inclusive of all races across the board, Datuk Raymond Tan Shu Kiah (pictured) Minister of Industrial Development, reiterated Saturday.

‘Keep our gas to draw investors’

Posted on : 24-05-2010 | By : sabah today | In : News

May 24, 2010, Monday

KOTA KINABALU: A thriving oil and gas industry in Sabah will entice more investors to come and invest in the state, said Industrial Development Minister Datuk Raymond Tan.

Sabah economic outlook is vibrant: HSBC

Posted on : 23-05-2010 | By : sabah today | In : News

Sunday, 23 May
As part of HSBC Holdings, one of the largest banking and financial service institutions in the world, HSBC Bank Malaysia Berhad is upbeat on the economy and how it is shaping against the backdrop of the present global economy and the ever-growing, competitive market in East Malaysia, especially in Sabah.