gong xi fa cai!

Posted on : 30-01-2014 | By : sabah today | In : Greeting

BR1M 3.0 payment in mid-February

Posted on : 25-01-2014 | By : sabah today | In : News

January 25, 2014

KUALA LUMPUR: The 1Malaysia People’s Aid (BR1M) 3.0 will be distributed to 7.9 million eligible Malaysians in the middle of February.

SME Factors allocates RM250 million financing for Bumi SMEs

Posted on : 24-01-2014 | By : sabah today | In : News

24th January, 2014

KUALA LUMPUR: SME Factors Sdn Bhd, a company that provides contract financing, is providing a RM250 million financing facility for Bumiputera entrepreneurs with the launch of its ‘Pemerkasaan Usahawan Bumiputera’ (PUB) or Bumiputera Entrepreneur Empowerment programme yesterday.

ESSCOM to conduct census in Sandakan

Posted on : 23-01-2014 | By : sabah today | In : News

23rd January, 2014

SANDAKAN: The Eastern Sabah Security Command (ESSCOM) will carry out a three-day census in four water villages here beginning on February 15.

PM: Economic reforms to benefit country in long-run

Posted on : 22-01-2014 | By : sabah today | In : News

January 22, 2014
PUTRAJAYA: Prime Minister Datuk Seri Najib Tun Razak said economic reforms, including subsidy rationalisation, is important to transform Malaysia into a high-income economy.
“This (rationalisation) is not a deliberate attempt to burden the people. Why would I want to burden them? We were chosen by the people and we stand by their support.
“It is intended to benefit the country and the people in the long-run… there is no other hidden intention,” he told a monthly gathering of the Ministry of Finance here yesterday.
Present were Second Finance Minister Datuk Seri Ahmad Husni Mohamad Hanadzlah, Deputy Finance Minister Datuk Ahmad Maslan and Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah.
Najib, who is also Finance Minister, said the government had to implement gradual subsidy rationalisation besides channeling handouts in the form of the 1Malaysia People’s Aid (BR1M) and schooling aid to vulnerable groups and simultaneously reduce the country’s deficit.
Najib said the government allocated RM40 billion for subsidies and incentives this year, of which, about RM22 billion would be spent on oil subsidies.
“As such, the government has no choice but to implement subsidy rationalisation in stages… before the subsidy was not high, it was between  RM3 billion and RM4 billion, but as consumption increased, the oil subsidy value rose significantly to RM22 billion,” he said.
In order to attain developed nation status in 2020, the prime minister said economic reforms were crucial to avert the economy from slipping into a recession or to stagnate.
Citing an example, he said in the 80’s, Japan was predicted to become an economic superpower but it failed to restructure its economy which resulted in  growth remaining stagnant and uncertain for 20 years.
“Besides, China’s economy is not as vibrant as before and growth is capped between 7 and 7.5 per cent and the country is also faced with structural  challenges which has to be addressed by its leaders.
“These examples just goes to show that Malaysia wants to get away from the  middle-income trend, we have to reform our economy in order to achieve rapid growth.
“If we don’t undertake economic reforms, growth will be reduced and slow… If this happens, Malaysia will not be able to transform into an advanced economy,” he added.
Najib also stressed that Malaysia did not experience any economic turmoil and continuous growth of between five and 5.5 per cent was expected.
He said Malaysia undertook stringent steps to restructure the economy to ensure sustainability for years to come.
The prime minister said Malaysia must give focus to resource utilisation in areas which can spur high growth and productive investment in order to attain moderately high economic growth. — Bernama
(Source: The Borneo Post)
January 22, 2014
PUTRAJAYA: Prime Minister Datuk Seri Najib Tun Razak said economic reforms, including subsidy rationalisation, is important to transform Malaysia into a high-income economy.

Come up with concrete solutions: CM to SESB

Posted on : 20-01-2014 | By : sabah today | In : News

20th January, 2014

SANDAKAN: Chief Minister Datuk Seri Panglima Musa Haji Aman wants Sabah Electricity Sdn Bhd (SESB) to find the root cause of the recent statewide power disruption that lasted up to 10 hours in some areas.

SESB urged to investigate, explain ‘black Friday’

Posted on : 19-01-2014 | By : sabah today | In : News

January 19, 2014

KOTA KINABALU: Parti Gerakan Sabah has demanded that Sabah Electricity Sdn Bhd (SESB) investigate and come up with an open explanation within seven days over the massive power outage on Friday.

CM: Stay united to further strengthen peace, harmony

Posted on : 19-01-2014 | By : sabah today | In : News

19th January, 2014
KOTA KINABALU: Datuk Seri Musa Haji Aman has called on the people in Sabah to stay united so that the existing peace and harmony can be further strengthened.

“It is my wish we will see a better year ahead, and one that will bring us good tidings and closer ties,” the Chief Minister said when launching the Dragon, Unicorn & Lion Dance Festival 2014 at the Likas Sport Complex here yesterday.

Agong: Strengthen unity, harmonise differing views

Posted on : 15-01-2014 | By : sabah today | In : News

January 15, 2014

PUTRAJAYA: The Yang di-Pertuan Agong, Tuanku Abdul Halim Mu’adzam Shah, yesterday called on Muslims in the country to strive always to strengthen brotherhood and harmonise their differing views in making evaluations.

MAJOR CRACKDOWN ON ILLEGALS – ZAHID

Posted on : 10-01-2014 | By : sabah today | In : News

10th January, 2014

PUTRAJAYA: The Home Ministry is to launch a large-scale operation on January 21 against illegal immigrants in the country.

Its minister Datuk Seri Dr Ahmad Zahid Hamidi said the exercise would involve the Immigration Department, Royal Malaysia Police and People’s Volunteer Corps (Rela).

MUSA: COMMITTEE TO MONITOR PRICE RISES

Posted on : 09-01-2014 | By : sabah today | In : News

9th January, 2014

KOTA KINABALU: The State Cabinet has decided to form a committee head by Community Development and Consumer Affairs Minister Datuk Jainab Ahmad to monitor the exorbitant increase in prices of goods in Sabah.

FAST-FOOD RESTAURANTS CAN’T HIRE FOREIGN WORKERS

Posted on : 08-01-2014 | By : sabah today | In : News

8th January, 2014

PUTRAJAYA: The Special Cabinet Committee on Foreign Workers and Illegal Immigrants (JKKA-PATI) has decided that fast-food concept restaurants will not be allowed to employ foreign workers.

Sabah on right track

Posted on : 02-01-2014 | By : sabah today | In : News

2nd January, 2014

KOTA KINABALU: The Halatuju – State Development Agenda – that was introduced just over a decade ago has helped complement all initiatives listed under the Economic Transformation Programme (ETP) and the Sabah Development Corridor (SDC).

Najib’s new year pledge over rising cost of living

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

January 1, 2014

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak yesterday gave a new year pledge to minimise the impact of the rising cost of living on the people.

“…where necessary, we will fine-tune government programmes so that the effect on household incomes is not too great.