Najib encourages Malaysians to take up entrepreneurship

Posted on : 11-05-2017 | By : sabah today | In : National Business, Uncategorized

KUALA LUMPUR: Prime Minister Datuk Seri Najib Abdul Razak has encouraged Malaysians to take up entrepreneurship as it can not only generate income, but also create job opportunities for others.
He said the government wanted Malaysia to continue progressing, particularly from the social and economic aspects.
“In reaching this goal, we want to see a community comprising people who are versatile or ‘all rounders’, he said his speech at the launch of the Njoi Now Application here today.
The text of his speech was read by Communications and Multimedia Minister, Datuk Seri Dr Salleh Said Keruak.
Najib said the youth represent the biggest digital users, as they are of a generation that prioritises information that can be obtained from their electronic devices.
According to the Prime Minister, statistics showed that subscriptions through gadgets recorded an increase to 44.5 million throughout Malaysia and supported by the high penetration of smartphones that reached 16.4 million last year.
This development as well as the availability of stable broadband and Internet services, resulted in users having the latest information, as well as entertainment, immediately at their finger tips, he said.
He also urged the youth to take advantage of the digital economy which the government is aggressively promoting such as the recent Digital Free Trade Zone.
At the same time, Najib said the broadcasting field can also play an important role as an agent to mould the minds of viewers.
“With entrepreneurship programmes leading towards the digital realm, those interested can obtain guidance as well as tips to undertake business as well as learn the intricacies of trading online.
“Programmes as such also have content where traders can share experiences. This will certainly assist those just starting out in business to avoid past mistakes and continue to be mentored until they receive good returns,” he added.
Meanwhile, the launch of the Njoi Now application, organised by Astro, covers programmes in various languages with content including news, entertainment, sports and education.
It is hoped that that use of the application will contribute towards an increase in the number of Malaysians with digital access, and subsequently enhance awareness towards being digital savvy.
SOURCE— BERNAMA
KUALA LUMPUR: Prime Minister Datuk Seri Najib Abdul Razak has encouraged Malaysians to take up entrepreneurship as it can not only generate income, but also create job opportunities for others.
He said the government wanted Malaysia to continue progressing, particularly from the social and economic aspects.
“In reaching this goal, we want to see a community comprising people who are versatile or ‘all rounders’, he said his speech at the launch of the Njoi Now Application here today.
The text of his speech was read by Communications and Multimedia Minister, Datuk Seri Dr Salleh Said Keruak.
Najib said the youth represent the biggest digital users, as they are of a generation that prioritises information that can be obtained from their electronic devices.
According to the Prime Minister, statistics showed that subscriptions through gadgets recorded an increase to 44.5 million throughout Malaysia and supported by the high penetration of smartphones that reached 16.4 million last year.
This development as well as the availability of stable broadband and Internet services, resulted in users having the latest information, as well as entertainment, immediately at their finger tips, he said.
He also urged the youth to take advantage of the digital economy which the government is aggressively promoting such as the recent Digital Free Trade Zone.
At the same time, Najib said the broadcasting field can also play an important role as an agent to mould the minds of viewers.
“With entrepreneurship programmes leading towards the digital realm, those interested can obtain guidance as well as tips to undertake business as well as learn the intricacies of trading online.
“Programmes as such also have content where traders can share experiences. This will certainly assist those just starting out in business to avoid past mistakes and continue to be mentored until they receive good returns,” he added.
Meanwhile, the launch of the Njoi Now application, organised by Astro, covers programmes in various languages with content including news, entertainment, sports and education.
It is hoped that that use of the application will contribute towards an increase in the number of Malaysians with digital access, and subsequently enhance awareness towards being digital savvy.
SOURCE— BERNAMA

Malaysia expected to benefit from One Belt One Road initiative – Najib

Posted on : 11-05-2017 | By : sabah today | In : National Business

KUALA LUMPUR— Prime Minister Datuk Seri Najib Razak is confident Malaysia will benefit from the implementation of the One Belt One Road initiative by China due to the country’s strategic location.
Besides benefiting from the aspect of holistic connectivity, he said the initiative could contribute to the local economic development.
“God willing, I will leave for China early tomorrow morning to attend the Belt and Road Forum which is also expected to be attended by 28 heads of other countries at the invitation of President Xi Jinping.
“This forum is an important agenda in ensuring Malaysia could enjoy the fruits of the One Belt One Road initiative which is poised to improve the national economy through a more comprehensive connectivity,” he said in a blog post on the www.najibrazak.com site today.
China unveiled its One Belt One Road initiative in 2013 as a development strategy that focuses on connectivity and cooperation among various countries.
It has two components — the Silk Road Economic Belt that will be established along the Eurasian land corridor from the Pacific coast to the Baltic Sea, and the 21st century Maritime Silk Road.
The Prime Minister will have a working visit to China from tomorrow until May 16 at the invitation of that country’s top leader.
Apart from attending the forum, Najib will also see for himself the success of Alibaba, a company in Hangzhou which has created over 36,000 job opportunities as well as changed the economic ecosystem of companies to be more dynamic and exclusive.
Najib said the experience and expertise of Jack Ma, the founder of Alibaba and currently the national digital economy adviser, was able to boost the Malaysian economy through the Digital Free Trade Zone which was launched in March.
“In boosting the stream of development and transformation, I am confident the Digital Free Trade Zone, which is projected to generate 60,000 job opportunities, will become the first digital hub outside China,” he said.
With the free trade zone, the Prime Minister is positive small and medium entrepreneurs in the country have the opportunity to access international markets more easily and increase their business returns.
“I am confident this visit will bring benefits to both countries not only from the aspects of bilateral ties but also joint ventures in terms of investment, trade and business,” he added.
SOURCE— BERNAMA
KUALA LUMPUR— Prime Minister Datuk Seri Najib Razak is confident Malaysia will benefit from the implementation of the One Belt One Road initiative by China due to the country’s strategic location.
Besides benefiting from the aspect of holistic connectivity, he said the initiative could contribute to the local economic development.
“God willing, I will leave for China early tomorrow morning to attend the Belt and Road Forum which is also expected to be attended by 28 heads of other countries at the invitation of President Xi Jinping.
“This forum is an important agenda in ensuring Malaysia could enjoy the fruits of the One Belt One Road initiative which is poised to improve the national economy through a more comprehensive connectivity,” he said in a blog post on the www.najibrazak.com site today.
China unveiled its One Belt One Road initiative in 2013 as a development strategy that focuses on connectivity and cooperation among various countries.
It has two components — the Silk Road Economic Belt that will be established along the Eurasian land corridor from the Pacific coast to the Baltic Sea, and the 21st century Maritime Silk Road.
The Prime Minister will have a working visit to China from tomorrow until May 16 at the invitation of that country’s top leader.
Apart from attending the forum, Najib will also see for himself the success of Alibaba, a company in Hangzhou which has created over 36,000 job opportunities as well as changed the economic ecosystem of companies to be more dynamic and exclusive.
Najib said the experience and expertise of Jack Ma, the founder of Alibaba and currently the national digital economy adviser, was able to boost the Malaysian economy through the Digital Free Trade Zone which was launched in March.
“In boosting the stream of development and transformation, I am confident the Digital Free Trade Zone, which is projected to generate 60,000 job opportunities, will become the first digital hub outside China,” he said.
With the free trade zone, the Prime Minister is positive small and medium entrepreneurs in the country have the opportunity to access international markets more easily and increase their business returns.
“I am confident this visit will bring benefits to both countries not only from the aspects of bilateral ties but also joint ventures in terms of investment, trade and business,” he added.
SOURCE— BERNAMA

Hap Seng’s Kaamatan celebration at Plaza Shell May 20

Posted on : 11-05-2017 | By : sabah today | In : Local

KOTA KINABALU: Hap Seng continues with its commitment to celebrate the state’s festivities with a Kaamatan event at Plaza Shell on May 20.
Hap Seng Consolidated Berhad East Malaysia deputy regional director Joanne Wendy Chung said one of the two main events scheduled on that day would be the Mini Harvest Princess Contest for girls aged six to 12.
“The response has been overwhelming. Within a day of broadcasting the competition, 30 participants immediately came forth. There are still so many more requesting to participate but we do not have anymore spots left,” revealed Chung.
Over RM3,000 worth of cash and other prizes are up for grabs for winners of the contest. A special category for Best Costume has also been organized for the event.
“The other event would be the ‘butod’ (sago worm) eating competition. The person who eats these raw, uncooked worms the fastest will get the cash prizes lined up for that day,” she added.
In addition, cultural performances such as Sumazau and Magunatip will also be featured on that day.
“After our Harvest event we will be having our Raya event; the dates have yet to confirmed but that would come soon. Basically, we want to celebrate all the festive seasons celebrated in Sabah,” said Chung.
Chung also revealed that Plaza Shell, officially launched in November 2015, is also expecting its tenant Gaya Seafood Restaurant to open for business next month.
SOURCE: THE BORNEO POST
KOTA KINABALU: Hap Seng continues with its commitment to celebrate the state’s festivities with a Kaamatan event at Plaza Shell on May 20.
Hap Seng Consolidated Berhad East Malaysia deputy regional director Joanne Wendy Chung said one of the two main events scheduled on that day would be the Mini Harvest Princess Contest for girls aged six to 12.
“The response has been overwhelming. Within a day of broadcasting the competition, 30 participants immediately came forth. There are still so many more requesting to participate but we do not have anymore spots left,” revealed Chung.
Over RM3,000 worth of cash and other prizes are up for grabs for winners of the contest. A special category for Best Costume has also been organized for the event.
“The other event would be the ‘butod’ (sago worm) eating competition. The person who eats these raw, uncooked worms the fastest will get the cash prizes lined up for that day,” she added.
In addition, cultural performances such as Sumazau and Magunatip will also be featured on that day.
“After our Harvest event we will be having our Raya event; the dates have yet to confirmed but that would come soon. Basically, we want to celebrate all the festive seasons celebrated in Sabah,” said Chung.
Chung also revealed that Plaza Shell, officially launched in November 2015, is also expecting its tenant Gaya Seafood Restaurant to open for business next month.
SOURCE: THE BORNEO POST

Stronger Sabah-China ties

Posted on : 11-05-2017 | By : sabah today | In : Local

KOTA KINABALU: The State Government has always been willing to support the work of the Consulate General of the People’s Republic of China in Kota Kinabalu, said Deputy Chief Minister Tan Sri Joseph Pairin Kitingan.
“Let us work together to continue to expand the exchanges and cooperation in various fields, to further enhance the close relationship between the people, to deepen the cooperation of Sister Cities (Kota Kinabalu and Hangzhou), and to promote the exchanges between Sabah and China’s provinces.
“We shall grasp the golden opportunity of the Belt and Road Initiative, to strive for a stronger development for Sabah that will benefit the people,” Pairin said when gracing the second anniversary of the establishment of the consulate here yesterday.
The Chinese consulate also introduced its new Deputy Consul General, Zhang He, at the event.
Pairin, who is also the Minister of Infrastructure Development, said the Consulate General had been well-integrated into Sabah’s society in the past year, and had, as always, promoted the friendship and cooperation between Sabah and China.
“They have done many practical works that benefit Sabah and its people, such as supporting the local Chinese education and cultural exchanges, official and non-official visits, exchanges between cities and so on.”
He was also pleased that Kota Kinabalu and Hangzhou had become Sister Cities, and moved by the consulate’s concerns and assistance to the local special groups.
“All efforts reflect the close family bonding of Malaysia and China.” he said.
Pairin said China’s Belt and Road initiative as well as the presence and efforts of the Chinese consulate, had further contributed in bringing more tourists from China and more Chinese companies to visit and explore possibility for cooperation in Sabah.
“These are Sabah’s expectations, opportunities and responsibilities as well.
“This year, the Sabah State Government has made progress in upgrading the infrastructure construction, better regulating the tourism market, enhancing capacity building while the safety of tourists becomes a more important issue to be ensured.”
Pairin conveyed his deepest sympathy to China and the Chinese tourists, referring to the Mengalum boat tragedy in February this year.
“It is something we should ensure does not happen again.”
That aside, Pairin looked forward to a future with opportunities for cooperation to achieve fruitful and win-win results between Sabah and China.
Also present were Pairin’s wife Puan Sri Genevieve Kitingan, Consul General Chen Peijie, Assistant Minister to the Chief Minister Datuk Edward Yong Oui Fah and Datin Mary Wong,  Assistant Minister of Tourism, Culture and Environment Datuk Pang Yuk Ming, Sustainable Energy Development Authority Malaysia (SEDA) chairman Datuk Dr Yee Moh Chai and wife Datin Vicky Yee, Sabah Tourism Board (STB) chairman Datuk Joniston Bangkuai, prominent Chinese businessmen and leaders Tan Sri Joseph Lo, Tan Sri David Chu, Tan Sri Andrew Liew Sui Fatt, Datuk Michael Lui, Datuk Susan Wong Siew Guen, Datuk Lau Kok Sing, Datuk Tan Tiong Lai, Datin Tiong Tan Hua and KTS Trading Sdn Bhd Sabah area manager Wong Kee Mee.
SOURCE: THE BORNEO POST
KOTA KINABALU: The State Government has always been willing to support the work of the Consulate General of the People’s Republic of China in Kota Kinabalu, said Deputy Chief Minister Tan Sri Joseph Pairin Kitingan.
“Let us work together to continue to expand the exchanges and cooperation in various fields, to further enhance the close relationship between the people, to deepen the cooperation of Sister Cities (Kota Kinabalu and Hangzhou), and to promote the exchanges between Sabah and China’s provinces.
“We shall grasp the golden opportunity of the Belt and Road Initiative, to strive for a stronger development for Sabah that will benefit the people,” Pairin said when gracing the second anniversary of the establishment of the consulate here yesterday.
The Chinese consulate also introduced its new Deputy Consul General, Zhang He, at the event.
Pairin, who is also the Minister of Infrastructure Development, said the Consulate General had been well-integrated into Sabah’s society in the past year, and had, as always, promoted the friendship and cooperation between Sabah and China.
“They have done many practical works that benefit Sabah and its people, such as supporting the local Chinese education and cultural exchanges, official and non-official visits, exchanges between cities and so on.”
He was also pleased that Kota Kinabalu and Hangzhou had become Sister Cities, and moved by the consulate’s concerns and assistance to the local special groups.
“All efforts reflect the close family bonding of Malaysia and China.” he said.
Pairin said China’s Belt and Road initiative as well as the presence and efforts of the Chinese consulate, had further contributed in bringing more tourists from China and more Chinese companies to visit and explore possibility for cooperation in Sabah.
“These are Sabah’s expectations, opportunities and responsibilities as well.
“This year, the Sabah State Government has made progress in upgrading the infrastructure construction, better regulating the tourism market, enhancing capacity building while the safety of tourists becomes a more important issue to be ensured.”
Pairin conveyed his deepest sympathy to China and the Chinese tourists, referring to the Mengalum boat tragedy in February this year.
“It is something we should ensure does not happen again.”
That aside, Pairin looked forward to a future with opportunities for cooperation to achieve fruitful and win-win results between Sabah and China.
Also present were Pairin’s wife Puan Sri Genevieve Kitingan, Consul General Chen Peijie, Assistant Minister to the Chief Minister Datuk Edward Yong Oui Fah and Datin Mary Wong,  Assistant Minister of Tourism, Culture and Environment Datuk Pang Yuk Ming, Sustainable Energy Development Authority Malaysia (SEDA) chairman Datuk Dr Yee Moh Chai and wife Datin Vicky Yee, Sabah Tourism Board (STB) chairman Datuk Joniston Bangkuai, prominent Chinese businessmen and leaders Tan Sri Joseph Lo, Tan Sri David Chu, Tan Sri Andrew Liew Sui Fatt, Datuk Michael Lui, Datuk Susan Wong Siew Guen, Datuk Lau Kok Sing, Datuk Tan Tiong Lai, Datin Tiong Tan Hua and KTS Trading Sdn Bhd Sabah area manager Wong Kee Mee.
SOURCE: THE BORNEO POST

TM counts 27,000 SME entrepreneurs as customers in Sabah

Posted on : 11-05-2017 | By : sabah today | In : Local Business

KOTA KINABALU: Telekom Malaysia Bhd (TM) counts about 27,000 entrepreneurs from the small medium enterprises (SME) sector as among its active customers for various products and services.
Executive vice president consumers and SME Imri Mokhtar said the number is part of the 40,000 SME entrepreneurs in the state.
He said it is important for SMEs, including those in Sabah, to innovate their businesses through mastering the use of technology and digital applications as among the best methods in enhancing the potential, as well as productivity of their businesses.
“Those SME entrepreneurs who use digital applications in their business enjoy doubling their growth compared to those utilising conventional methods.
“Imagine, all 40,000 SME entrepreneurs in Sabah enjoying this growth rate. For sure it will have an impact on their businesses and also contribute to the growth of the local economy.
“Through the digital application, the market for their products will not just be focused on Sabah but also overseas,” he told reporters after the launch of the SME BizFest 2017 here today.
The event was officiated by Deputy Chief Minister Datuk Raymond Tan Shu Kiah, who is also the state Minister of Industrial Development. He was representing Chief Minister Datuk Seri Musa Aman.
Sabah is the fifth and last stop for the SME BizFest 2017 this year after Kuala Lumpur, Kuching, Kota Bharu and Johor Bahru.
Imri said Sabah was a permanent venue for the annual TM event to give SME entrepreneurs in the state an opportunity to explore the potential and new business based on the digital platform to expand their own businesses.
He said those SME entrepreneurs participating in the event are being offered various relevant digital products digital, apart from sharing in the success of a number of business icons who are using the digital application in their businesses.
Themed, “Innovate to Dominate: Go Digital”, the SME BizFest 2017 has also the support of SME Corporation Malaysia (SME Corp), Malaysia Digital Economy Corporation and Bank Islam Malaysia Bhd.
More than 1,500 SME entrepreneurs in Sabah are participating in it.
SOURCE- BERNAMA
KOTA KINABALU: Telekom Malaysia Bhd (TM) counts about 27,000 entrepreneurs from the small medium enterprises (SME) sector as among its active customers for various products and services.
Executive vice president consumers and SME Imri Mokhtar said the number is part of the 40,000 SME entrepreneurs in the state.
He said it is important for SMEs, including those in Sabah, to innovate their businesses through mastering the use of technology and digital applications as among the best methods in enhancing the potential, as well as productivity of their businesses.
“Those SME entrepreneurs who use digital applications in their business enjoy doubling their growth compared to those utilising conventional methods.
“Imagine, all 40,000 SME entrepreneurs in Sabah enjoying this growth rate. For sure it will have an impact on their businesses and also contribute to the growth of the local economy.
“Through the digital application, the market for their products will not just be focused on Sabah but also overseas,” he told reporters after the launch of the SME BizFest 2017 here today.
The event was officiated by Deputy Chief Minister Datuk Raymond Tan Shu Kiah, who is also the state Minister of Industrial Development. He was representing Chief Minister Datuk Seri Musa Aman.
Sabah is the fifth and last stop for the SME BizFest 2017 this year after Kuala Lumpur, Kuching, Kota Bharu and Johor Bahru.
Imri said Sabah was a permanent venue for the annual TM event to give SME entrepreneurs in the state an opportunity to explore the potential and new business based on the digital platform to expand their own businesses.
He said those SME entrepreneurs participating in the event are being offered various relevant digital products digital, apart from sharing in the success of a number of business icons who are using the digital application in their businesses.
Themed, “Innovate to Dominate: Go Digital”, the SME BizFest 2017 has also the support of SME Corporation Malaysia (SME Corp), Malaysia Digital Economy Corporation and Bank Islam Malaysia Bhd.
More than 1,500 SME entrepreneurs in Sabah are participating in it.
SOURCE- BERNAMA

MIDA in talks with auto companies to invest in M’sia

Posted on : 11-05-2017 | By : sabah today | In : National Business

KULAI: : The Malaysian Investment Development Authority (MIDA) is currently in talks with several automotive companies which are interested to invest in Malaysia.
Chief Executive Officer Datuk Azman Mahmud said with the large presence of international automotive companies such as the BMW Group, it had certainly reinforced Malaysia’s position in the regional automotive market.
“When BMW tripled their operations within a very short period of time, that signified how important Malaysia was to investors for them to consider it as a distribution centre for the region.
“(In fact), we are talking to few (automotive companies) and we will know when the time comes,” he told reporters after the opening of BMW Group’’s regional parts distribution centre at the Senai International Airport Free Industrial Zone here today.
However, Azman did not disclose details of the potential investors.
He said Malaysia certainly had its strength in the automotive sector compared with neighbouring Thailand.
Meanwhile, BMW Group Senior Vice-President of Asia, Pacific and South Africa Hendrik von Kuenheim said the new regional parts distribution centre in Senai would certainly assume a key role in elevating Malaysia’’s position in the regional automotive market.
He said the record sales performance achieved in Asia last year and in the first quarter of 2017 was a testament to BMW Group’s strength in the region.
“In that, we believe Malaysia is a key market that supports our strategic business direction in expanding our footprint in the region,” von Kuenheim added.
The 775,000 square feet facility, which is one of the largest BMW facility of its kind in the Asia Pacific region, will support over 23 countries in the region as a logistics warehouse and parts distribution centre.
SOURCE– BERNAMA
KULAI: : The Malaysian Investment Development Authority (MIDA) is currently in talks with several automotive companies which are interested to invest in Malaysia.
Chief Executive Officer Datuk Azman Mahmud said with the large presence of international automotive companies such as the BMW Group, it had certainly reinforced Malaysia’s position in the regional automotive market.
“When BMW tripled their operations within a very short period of time, that signified how important Malaysia was to investors for them to consider it as a distribution centre for the region.
“(In fact), we are talking to few (automotive companies) and we will know when the time comes,” he told reporters after the opening of BMW Group’’s regional parts distribution centre at the Senai International Airport Free Industrial Zone here today.
However, Azman did not disclose details of the potential investors.
He said Malaysia certainly had its strength in the automotive sector compared with neighbouring Thailand.
Meanwhile, BMW Group Senior Vice-President of Asia, Pacific and South Africa Hendrik von Kuenheim said the new regional parts distribution centre in Senai would certainly assume a key role in elevating Malaysia’’s position in the regional automotive market.
He said the record sales performance achieved in Asia last year and in the first quarter of 2017 was a testament to BMW Group’s strength in the region.
“In that, we believe Malaysia is a key market that supports our strategic business direction in expanding our footprint in the region,” von Kuenheim added.
The 775,000 square feet facility, which is one of the largest BMW facility of its kind in the Asia Pacific region, will support over 23 countries in the region as a logistics warehouse and parts distribution centre.
SOURCE– BERNAMA