PM hints at easing 30% limit on foreign ownership in local banks

Posted on : 30-05-2012 | By : sabah today | In : News

May 30, 2012

KUALA LUMPUR: Banking liberalisation was one of the topics addressed at Invest Malaysia 2012 conference, with both Malaysian and Indonesian rules on the issue being talked about.

Prime Minister Datuk Seri Najib Tun Razak hinted that Malaysia’s ruling of a 30% cap of foreign ownership may be “liberalised in the near future”.

Najib says Malaysia’s growth seen at 4% to 5% this year

Posted on : 30-05-2012 | By : sabah today | In : News

May 30, 2012

PUTRAJAYA: The country’s growth momentum has continued into the first quarter of this year with gross domestic product (GDP) expanding 4.7%, reflective of strong domestic demand and sustained trade performance.

Nation’s debt will not exceed 55 per cent of gdp — Najib

Posted on : 30-05-2012 | By : sabah today | In : News

May 30, 2012

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak says the government will ensure that Malaysia’s debt limit will not exceed 55 per cent of gross domestic product (GDP) as part of its prudent management strategy in managing the nation’s finances.

Budget 2013 to be tabled on Sept 28: Najib

Posted on : 29-05-2012 | By : sabah today | In : News

29 May 2012
Kuala Lumpur: The 2013 Budget will be tabled in Parliament on Sept 28, Prime Minister Datuk Seri Najib Razak announced today.
Budget Consultation 2012

UK minister optimistic Malaysia will achieve high-income status by 2020

Posted on : 29-05-2012 | By : sabah today | In : News

29th May, 2012

KUALA LUMPUR: UK is optimistic Malaysia will achieve the high-income nation status in 2020, given the great progress in line with the goal, said its Minister without Portfolio, Baroness Sayeeda Warsi.

Youths will not mortgage country’s future for sweet promises

Posted on : 29-05-2012 | By : sabah today | In : News

29 May 2012

KUALA LUMPUR: Assumption that the young generation are inclined to the opposition pact as claimed by the Pakatan Rakyat themselves is simply baseless propaganda says several young voters who will be voting in the coming General Election for the first time.

Survey says business confidence in Malaysia remains unchanged

Posted on : 29-05-2012 | By : sabah today | In : News

29 May 2012

KUALA LUMPUR: Business confidence in Malaysia remained unchanged in the first quarter of the year, according to the recent findings of a survey conducted by the Malaysian-German Chamber of Commerce and Industry (MGCC).

Najib praises ministries, agencies for working tirelessly to implement SRIs

Posted on : 29-05-2012 | By : sabah today | In : News

29 May 2012

PETALING JAYA: Prime Minister Datuk Seri Najib Tun Razak yesterday praised the various ministries, agencies and organisations, both public and private, which are working tirelessly to implement the Strategic Reform Initiatives (SRIs) in efforts to make the Malaysian economy more competitive.

Not all 20 Points included but spirit prevails: Dompok

Posted on : 29-05-2012 | By : sabah today | In : News

May 29, 2012

Kota Kinabalu: United Pasokmomogun Kadazandusun Murut Organisation (Upko) President Tan Sri Bernard Dompok said it must be stressed that not all the principles in the 20 Points document were incorporated into the Malaysian Constitution.

Gawai and Kaamatan visits await Najib

Posted on : 28-05-2012 | By : sabah today | In : News

May 28, 2012
KUALA LUMPUR: The Kaamatan and Gawai Dayak celebrations will have new significance when Prime Minister Datuk Seri Najib Tun Razak makes important visits to the interior of Sabah and Sarawak early next month to witness the celebrations.

Sabah to be top choice for meets when SICC ready

Posted on : 27-05-2012 | By : sabah today | In : News

May 27, 2012

SABAH’S aspiration to be a hub for international conferences will be achieved once the Sabah International Convention Centre (SICC) is built in the State capital.

Chief Minister Datuk Seri Musa said the Sabah Foundation Group will develop the SICC project to attract foreign entrepreneurs and participants to hold seminars in Kota Kinabalu and visit Sabah’s tourist destinations along the way.

Geothermal power project a smart ‘green’ move

Posted on : 27-05-2012 | By : sabah today | In : News

May 27, 2012

KOTA KINABALU: The State government has welcomed the plan by Tawau Green Energy Sdn. Bhd. to develop Malaysia’s first geothermal power plant project at Apas Kiri, Tawau.

When completed the project will put Malaysia on the world geothermal power map, noted Minister of Tourism, Culture and Environment Datuk Masidi Manjun.

Rm5 billion grant for devt projects in sabah — musa

Posted on : 27-05-2012 | By : sabah today | In : News

May 27, 2012

PAPAR: The Federal Government approved a RM5 billion grant to fund various construction projects in Sabah in order to boost its economic sector, especially in the tourism industry and energy sector, said Sabah Chief Minister Datuk Seri Musa Aman.

‘A better life for M’sians through public-private partnership’

Posted on : 27-05-2012 | By : sabah today | In : News

May 27, 2012
COURAGEOUS LEADERSHIP: Najib giving a speech at the Million Youth Rally 2012 yesterday. — Bernama photo

KUALA LUMPUR: Malaysia’s pathway of progressive government in partnership with a vibrant private sector has been powering the country towards its goals and helping to create a better life for its people, says Michael J Hershman, a co-founder of Transparency International.

Najib shows exemplary economic leadership to take Malaysia to next level

Posted on : 26-05-2012 | By : sabah today | In : News

26 May 2012
KUALA LUMPUR: The economic policies of Prime Minister Datuk Seri Najib Razak is setting the stage for the Malaysian economy to expand even further.

Taking over as Malaysia’s sixth prime minister in April 2009 when the country’s second quarter gross domestic product (GDP) growth slowed to 3.9 per cent amidst the global economy being thrown into disarray by the sub-prime financial crisis in the West, Najib wasted no time by taking the bull by the horns.