SME Bank aims to provide RM3 bln financing this year

Posted on : 28-06-2014 | By : sabah today | In : News

June 28, 2014

KUALA LUMPUR: SME Bank aims to provide RM3 billion in financing to small and medium enterprises (SMEs) this year to nurture their development, said group managing director Datuk Mohd Radzif Mohd Yunus.

Mohd Radzif said as of May this year, the bank has given out RM1.2 billion in loans to SMEs to support their business growth.

M’sian economy to grow 5.4pc, domestic demand to face headwinds: World Bank

Posted on : 27-06-2014 | By : sabah today | In : News

27 June 2014

PUTRAJAYA: The World Bank has projected the Malaysian economy to grow by 5.4 per cent in 2014, underpinned by the benefits from the better conditions in advanced economies.

The economy will likely grow by 4.6 per cent in 2015.

Sabah POICs are ahead of the curve

Posted on : 24-06-2014 | By : sabah today | In : News

June 24, 2014

Pemandu:  Oil palm needs to go downstream

THE Malaysian palm oil sector which has been driven by the upstream segment in the past decades is set to change its course through increased contribution from the downstream segment in the coming years, the Star Online reported, quoting the Performance Management and Delivery Unit (Pemandu), and Malaysian Palm Oil Board (MPOB).

Malaysian economy heading into safe zone, says Idris Jala

Posted on : 24-06-2014 | By : sabah today | In : News

June 24, 2014

KUALA LUMPUR: Malaysia’s economy is doing quite well as the current debt service ratio continues to be moderate and sustainable at 10.7 per cent and it is also heading into a safe zone, Minister in the Prime Minister’s Department Datuk Seri Idris Jala said.

GST will allow govt to consider numerous demands, says Najib

Posted on : 22-06-2014 | By : sabah today | In : News

June 22, 2014

Melaka: The increase in revenue from the implementation of the Goods and Services Tax (GST) will enable the Government to consider numerous demands, including increase in allowances of civil servants.

Sabah SME/SDSI Carnival 2014 June 25-28 at Sabah Trade Centre

Posted on : 21-06-2014 | By : sabah today | In : News

21st June, 2014

KOTA KINABALU: For the third year running, the state government will hold the SME exhibition in conjunction with the national SME Week on June 25-28 at the Sabah Trade Centre.

Deputy Chief Minister and Industrial Development Minister Datuk Raymond Tan Shu Kiah is expected to launch the event.

Malaysia on track to cut budget deficit to 3.5% this year

Posted on : 18-06-2014 | By : sabah today | In : News

18th June, 2014

KUALA LUMPUR: Malaysia is on track to trim its fiscal deficit to 3.5 per cent this year, said Treasury Secretary-General Tan Sri Mohd Irwan Serigar Abdullah.

“If we achieve higher Gross Domestic Product (GDP) growth, the deficit would be reduced even further,” he said on the sidelines of an inaugural townhall session regarding the second series of the 2013 Auditor-General’s Report.

Najib: Govt has to diversify revenue to reduce fiscal deficit

Posted on : 18-06-2014 | By : sabah today | In : News

18th June, 2014

KUALA LUMPUR: The government has to diversify revenue to reduce the country’s fiscal deficit to 3.5 per cent this year and achieve a balanced budget by 2020.

Prime Minister Datuk Seri Najib Tun Razak in his Facebook posting on Tuesday, said sustainable spending is part of the government’s 10-year Economic Transformation Programme (ETP), aimed at turning Malaysia into a high-income economy by 2020.

Matrade: Sabahan entrepreneurs must seek bigger platforms

Posted on : 17-06-2014 | By : sabah today | In : News

17th June, 2014

KOTA KINABALU: Sabah entrepreneurs must seek out bigger platforms to promote their products and services unique to Borneo.

Such platforms, including international trade fairs and exhibitions, provide openings to bigger markets and improve an entrepreneur’s understanding of market and supply chain dynamics, the Malaysia External Trade Development Corporation (Matrade) advised.

Malaysia’s gross Domestic Product set to grow strongly — Najib

Posted on : 11-06-2014 | By : sabah today | In : News

June 11, 2014

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak has expressed optimism that Malaysia’s Gross Domestic Product (GDP) would grow strongly.

“Insya-Allah, M’sia’s GDP growth looks set to grow strongly,” he said in his Twitter account yesterday, adding the United States and Europe’s recovery helped grow Malaysia’s export by 18.9 per cent.

Tan urges parents to register kids with disabilities

Posted on : 10-06-2014 | By : sabah today | In : News

10th June, 2014
SANDAKAN: Parents who have children with disabilities have been advised to register them with the relevant government agencies.

“This is to ensure that the necessary assistance can be extended to them,” Deputy Chief Minister Datuk Raymond Tan said when officiating at the Sabah Society for the Deaf (SSD) Sandakan branch’s 25th anniversary celebration themed “Love & Care Charity Nite” here on Sunday.

Najib announces further measures

Posted on : 10-06-2014 | By : sabah today | In : News

June 10, 2014

Kuala Lumpur: Prime Minister Datuk Seri Najib Tun Razak Monday announced further liberalisation to promote investment in a broader spectrum of assets and capacity building.

Najib, who is also the Finance Minister, said the country aims to further strengthen the Malaysian capital market so it may act as the catalyst for sustainable, long-term growth domestically and in the region.

Najib: Govt committed in discharging responsibility

Posted on : 08-06-2014 | By : sabah today | In : News

June 8, 2014

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak said yesterday the government will continue to be committed in carrying out its responsibility as a trustworthy and accountable government.

Agong wants people to work with government

Posted on : 08-06-2014 | By : sabah today | In : Uncategorized

June 8, 2014

KUALA LUMPUR: Yang di-Pertuan Agong Tuanku Abdul Halim Mu’adzam Shah wants the people to work together with the government to ensure whatever plans and aspirations desired are realised.

Sabah hopes to be treated like Sarawak with regard petroleum royalties

Posted on : 07-06-2014 | By : sabah today | In : News

June 7, 2014

KOTA KINABALU: The Sabah government is hopeful that it would be given equal attention with Sarawak on the question of petroleum royalties.

Chief Minister Datuk Seri Musa Aman said he was confident that Prime Minister Datuk Seri Najib Tun Razak would accord the same priority where the interests of both Sabah and Sarawak are concerned.