Sabahans benefit from cultures and festivities – CM

Posted on : 14-05-2017 | By : sabah today | In : Local

KOTA KINABALU: The government has no intention of politicizing cultural festivities, said Chief Minister Datuk Seri Musa Aman.

He said the government only wants to carry out its social responsibilities, which is to ultimately preserve the identity of the various cultures in the state.

“Culture is universal. We can celebrate it together. The Barisan Nasional party takes care of all the races.

“We in Sabah have always respected the various races in the State; fueled by the spirit of unity; the spirit of working together.

“Just now I was in Tenom, before that I was in Tambunan and now I am here in Penampang,” said Musa when speaking at the Kaamatan Upko Celebration 2017 yesterday.

He went on to stress that the best thing about Sabah being unique is that despite its different cultures, Sabahans can still live peacefully together.

“We (as Sabahans) can all eat at the same table together.

“When I was invited for this event (and the other ones as well), I accepted it gladly.

“We are willing to help and consider every single request that is reasonable,” said Musa.

He added that the government’s support for this type of cultural activity reflects the gratification that the government has towards the people of Sabah.

Musa further explained that these cultural activities will also attract tourists from both in and out of the country.

“The tourists are amazed at our culture. They are amazed at the harmony that Sabah has.

“Today, thousands of tourists choose to come to Sabah; people love Sabahans. They love our food, beaches and our tropical forests.

“Just imagine if our state is not peaceful, people would not even come here.

“Furthermore, this benefit can be enjoyed by all the trades, businessmen and hotel owners in our state,” added Musa who had officiated the tenth annual Upko Kaamatan celebration, which was held at the Penampang Cultural Centre yesterday.

Also present in the event were Upko Acting President Datuk Seri Panglima Wilfred Madius Tangau, Secretary General Datuk Donald Peter Mojuntin, Acting Deputy President Datuk Siringan Gubat, Special Tasks Minister Datuk Teo Chee Kang and Sabah Police Commissioner Datuk Ramli Din.

SOURCE:- THE BORNEO POST

Shell Malaysia launches new fuels designed for efficiency

Posted on : 14-05-2017 | By : sabah today | In : National Business

KUALA LUMPUR: Shell Malaysia launched its new fuels, designed for engine efficiency. Now available at Shell stations nationwide, the new fuels are designed to work with both modern as well as older vehicles.

The new formulations contain DYNAFLEX technology, designed to keep engines clean and protected for efficient running1.

Shell’s new fuels are the result of over five years and tens of thousands of hours in research and development, to help enhance the efficiency of customers’ journeys.

Created using new DYNAFLEX technology, they are Shell’s most advanced fuels.

“We place customers at the heart of everything we do, and we aim to make their life’s journey better by giving them one less worry on the road.

“Our new Shell fuels aim to clean and protect car engines, making them more efficient to help you enjoy your journeys on the road. We believe it is not just where you go, but also how you go that matters,” said Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn Bhd managing director Shairan Huzani Husain.

Shell fuels contain new DYNAFLEX technology that helps to clean and protect key fuel system components such as intake valves and fuel injectors from the build-up of performance robbing deposits.

This keeps engines clean and protected for efficient running. Also, a unique DYNAFLEX technology for diesel has been developed, containing new dirt-busting molecules for a clean and efficient engine.

The new fuels are available at Shell stations nationwide, and also available to industrial customers and commercial fleet owners through Shell’s B2B channels.

“We hope motorists will experience the benefits of our new fuels, enhanced with our latest DYNAFLEX technology, so that they can enjoy better journeys on the road,” added Shairan.

Shell’s commitment to research extends beyond engines and vehicles. Shell also announced the results of its new ground-breaking research to better understand Malaysian motorists, that used the latest wearable technology and mobile apps.

Monitoring over 2,500 journeys in Kuala Lumpur, the research found the average speed of drivers was just 14.5 km/h, placing increased stress on vehicle engines as well as drivers.

In partnership with Goldsmiths, University of London, the research used a combination of wearable emotion tracking devices with chatbot technology, GPS from the Shell Motorist App, and weather and traffic information, to gain a more complete picture of what drivers are experiencing on the roads.

Goldsmiths, University of London Innovation director Dr Chris Brauer, said: “What’s unique about this driving experiment is that we are able to observe drivers during their everyday journeys. Looking at Malaysian drivers we can see that despite the harsh conditions brought about by traffic congestion, they are both resilient and resourceful. We explored performance signals from personality traits through to nutrition, hydration, and lifestyle choices that were linked to our highest performing drivers.”

Shairan continued, “We are excited to be one of the first in the world to launch the new Shell fuels, and the first fuels retailer in Malaysia to roll out this exciting research to better understand drivers. We know that driving places stresses on both engines and drivers. Our aim is to use the findings of the research to develop and design products, services, and initiatives that respond to our customers’ needs. We are confident this is a step forward to making life’s journeys better.”

Shairan added, “Whenever our customers visit our stations and walk into our stores; whether they need assistance, or are looking for a place to relax, refresh, and rejuvenate, we aim to be there for them. We want people to go well with Shell.”

SOURCE:- THE BORNEO POST

AirAsia, Everbright JV to establish LCC (Low Cost Carrier) in China

Posted on : 14-05-2017 | By : sabah today | In : Uncategorized

BEIJING— AirAsia Bhd has signed a memorandum of understanding (MoU) with China Everbright Group and Henan Government Working Group to establish a low-cost carrier (LCC) in China.

It outlines how the parties will incorporate a joint-venture to be known as AirAsia (China) for the purposes of operating a low-cost aviation business based in Zhengzhou, the capital of Henan province in central China.

In addition, AirAsia (China) will invest in aviation infrastructure, including a dedicated LCC terminal at Zhengzhou airport and an aviation academy to train pilots, crew and engineers, as well as maintenance, repair and overhaul (MRO) facilities to service aircraft.

The MoU was exchanged between AirAsia Group Chief Executive Officer, Tan Sri Tony Fernandes, Everbright Financial Investment Holding Executive Director and President, Wang Weifeng and Henan Airport Group General Manager, Li Weidong at China World Hotel here on Sunday.

The ceremony was witnessed by Prime Minister Datuk Seri Najib Tun Razak who is on a five-day working visit to China.

Also present were AirAsia Executive Chairman Datuk Kamarudin Meranun, AirAsia Senior Independent Non-Executive Director Fam Lee Ee and AirAsia North Asia President Kathleen Tan.

China Everbright Group Vice Chairman and President Gao Yunlong said: We are excited to be part of this joint-venture to bring AirAsia to China. We believe China is ready for a true LCC and we feel that only AirAsia can deliver on that promise by providing real value to Chinese travellers, thanks to its unique combination of low fares and award-winning service.”

Henan Provincial People’s Government Deputy Governor Shu Qing said, “Henan is very pleased to offer AirAsia a home in China. Zhengzhou was once the capital of ancient China. With AirAsia supporting the city’s aeropolis – an industrial, commercial and logistics zone five times the size of Manhattan with the airport at its heart – we have absolute confidence that we will succeed in transforming Zhengzhou into the new capital for regional and global transport and logistics.”

Commenting on the agreement, Fernandes said Zhengzhou was chosen as a base due to its strategic location and importance as a logistics hub.

“As China’s gateway to Europe, Zhengzhou sits at the centre of a vast rail, highway and air transport network that forms the lynchpin of China’s development plans for its central and western regions.

“This Chinese venture represents the final piece of the AirAsia puzzle. In just 16 years, we have successfully built a presence in Malaysia, Thailand, Indonesia, the Philippines, India and Japan, with China closing the loop on all major territories in Asia Pacific,” he said.

While Kamarudin regarded today’s MoU as the latest in a long line of strategic collaborations with Chinese companies, from Tencent, Alipay and Union Pay for payments to Industrial and Commercial Bank of China for aircraft financing and China Aircraft Leasing Group Holdings Ltd for aircraft leasing.

“In addition, we are working closely with Huawei to create a digital airline and smart airport to transform the way we fly.”

AirAsia was the first foreign LCC to enter China and has carried more than 40 million guests since its inaugural route to China in April 2005. AirAsia and AirAsia X currently fly to 15 destinations in China and is the largest foreign LCC operating into the country.

SOURCE— BERNAMA

Bursa Malaysia, Shanghai Stock Exchange ink MoU to further strengthen cooperation

Posted on : 14-05-2017 | By : sabah today | In : National Business

KUALA LUMPUR: Bursa Malaysia Bhd has signed a memorandum of understanding (MoU) with the Shanghai Stock Exchange to explore potential ways for the two exchanges to improve their visibility and accessibility to market participants in Malaysia and China.

Bursa Malaysia in a statement here today said this MoU would further strengthen the already strong cooperation between both exchanges.

China remains an important market in the region, if not globally, and there were many Chinese investors looking for investing opportunities beyond China, particularly in Asean countries, said Bursa Malaysia chief executive officer Datuk Seri Tajuddin Atan.

“We, in Bursa Malaysia, have a lot to offer to this group of investors with our various innovative products and services, including our diverse Syariah-compliant offerings, which are ideal for Chinese investors looking for something different,” he said.

Both exchanges will also explore opportunities presented by China’s Belt and Road Initiative (BRI).

“Already one of Malaysia’s largest trading partners with bilateral trade reaching almost RM100 billion, the potential for further growth between Malaysia and China under the B&R Initiative is expected to be big,” said Tajuddin.

Under the MoU, Bursa Malaysia and the Shanghai Stock Exchange will also closely collaborate to address structural issues that may impede market accessibility, in addition to improving information flow between the two markets.

SOURCE– BERNAMA

MoUs for RM31 billion investments signed in China

Posted on : 14-05-2017 | By : sabah today | In : International Business

BEIJING: Nine business agreements were signed here on Sunday between Malaysian and Chinese companies with proposed investments estimated at US$7.22 billion (about RM31.3 billion).

The memoranda of understanding (MoUs) are for various sectors particularly construction, agriculture, stock exchange, infrastructure and port and airport cooperation.

The signing ceremony for the various agreements was witnessed by Prime Minister Datuk Seri Najib Abdul Razak. Most of the projects will be carried out in Malaysia.

The highest investment is for the Strategic Alliance Agreement between Johor Corporation and Siasun Robot Investment Co. Ltd to develop 400 hectares of land for the Robotics Future City in Johor worth US$3.458 billion (RM15 billion).

The futuristic city aims to develop the robotics industry and at the same time spur the growth of various supply chains in Malaysia.

Another MoU is for the development of a methanol and derivatives complex in Tanjung Kidurong, Bintulu, Sarawak, costing US$2 billion (RM8.69 billion).

It was between Yayasan Hartanah Bumiputera Sarawak, Consortium of Huanqiu Contracting & Engineering Co, and MACFeam Sdn Bhd.

The project is estimated to be completed by 2021.

Another MoU is between KAJ Development and Power China, Shenzhen Yantian Port Group and Rizhao Port Group, to jointly develop Melaka Gateway as a mixed development comprising four islands for tourism, smart-city and commercial hub, deep sea port, shipbuilding and repair services and maritime industrial park.

The gross development value of Melaka Gateway is US$6.92 billion (RM30 billion) as of November 2016.

A cooperation agreement was also signed to promote and develop the Malaysian Innovation Cluster within the China-Malaysia Qinzhou Industrial Park.

Agrofresh International Sdn Bhd and Dashang Co.Ltd signed an exclusive agent agreement for the supply of Cavendish Banana and Tropical Fruits, worth US$1.53 billion (RM6.65 billion).

The investment for a mixed development , “The Shore” in Kota Kinabalu, Sabah is valued at US$132.58 million (RM575.93 million).

The Shanghai Stock Exchange will collaborate with Bursa Malaysia Bhd in exploring potential ways to improve market accessibility and products in both markets.

Also present were Sarawak Chief Minister Datuk Amar Abang Johari Tun Openg, Melaka Chief Minister Datuk Seri Idris Haron and Prime Minister’s Special Envoy to China Tan Sri Ong Ka Ting.

Meanwhile, AirAsia Bhd signed an MoU with China Everbright Group and Henan Government Working Group to establish a low-cost carrier in China.

SOURCE— BERNAMA