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  • A touch of magic: Gearing up for Social Entrepreneurship +

    KUCHING: Malaysia’s businessfolk are evolving to a new level, incoporating a sense of online connectivity and uniqueness of identity as they evolve from the traditional for-profit, non-profit, and public segments. Today’s breed of entrepreneurs are, as some describe to be as more driven, more “social” – and thus bringing us to social entrepreneurship. Social entrepreneurship is a rapidly growing sector due to its ability to develop social innovations that are financially viable to private sector investors. Technological advances have also catalysed social entrepreneurship through affordable design and its ability to transcend geographic boundaries as a channel to connect with beneficiaries. According Read More
  • Ringgit To Rebound Slightly Versus Greenback Next Week +

    KUALA LUMPUR, -- The ringgit is expected to appreciate slightly against the US dollar next week on improved buying interest, a dealer said. Malaysia's strong trade performance in May reflected by the 1.3 per cent increase in total trade to RM115.4 billion helped boost the sentiment for the ringgit. The dealer said sluggish US employment data coupled with Greece's referendum on bailout conditions would help investors focus more on Malaysia's fundamentals. Throughout the week, the ringgit was traded mixed, moving between 3.7480 and 3.7825 as it was under tremendous pressure before the rating announcement by Fitch Ratings Agency. It, however, rebounded Read More
  • Gap opens first store in Sabah +

    KOTA KINABALU: US clothing brand Gap continues its expansion in Malaysia with its first store in Sabah. The store at 1Borneo Hypermall here which opened on Saturday was its 10th in Malaysia. This is new addition is the tenth in Malaysia for Gap and FJ Benjamin Lifestyle Sdn Bhd. Covering 4,300 square feet, the new store is located on the ground floor of 1Borneo. It offers a wide assortment of Gap apparels and accessories for adults, children and toddlers. Gap, famous for its American casual style, showcases its denim heritage offering modern, confident and accessible collections. Speaking during the official Read More
  • FGV Confident Of Double-Digit Return From Forays Into Vietnam +

    KUALA LUMPUR, -- Felda Global Ventures Holdings Bhd (FGV) is confident of a double-digit return from its investments in palm oil-based consumer products in Vietnam. Its head of palm downstream cluster, Datuk Zakaria Arshad said FGV is making forays into one of the biggest consumers of palm oil with high population growth and vegetable oil consumption. "By collaborating with big players in the industry that has an established customer base, we can gain a strong foothold in Vietnam," he told Bernama in an interview. FGV recently announced a collaboration with Vietnam's leader in the confectionery industry, Kinh Do Corporation and regional Read More
  • Two S’kan villages receive Ramadan contribution +

    SANDAKAN: A total of 2,054 people from two villages in Sungai Sibuga constituency received Ramadan contributions from Chief Minister Datuk Seri Panglima Musa Haji Aman on Sunday. Musa, who is State Finance Minister, was accompanied by Assistant Local Government and Housing Minister cum Gum Gum Assemblyman Datuk Zakaria Haji Mohd Edris and Libaran Member of Parliament Datuk Juslie Ajirol when he presented the contributions to the recipients. The programme was held at the Kampung Sungai Obar mosque and Kampung Tinusa II Asmaul Husna mosque. There were 879 recipients for Kampung Sungai Obar while for Kampung Tinusa II the figure was Read More
  • AEC To Help Narrow Development Gap Among ASEAN Nations +

    KUALA LUMPUR, -- The formation of the ASEAN Economic Community (AEC), is expected to spur economic growth and enhance the well-being of the people, as well as reduce the development gap among the nations in the region. Minister of International Trade and Industry Datuk Seri Mustapa Mohamed said with the formation of the AEC by year-end, it will also contribute to an increase in the per capita income of ASEAN members. "On the latest AEC development, I can bravely say that ASEAN had recorded a lot of successes and among them, the highest growth rate globally at an average 5.1 per Read More
  • SLDB planning to venture into palm oil downstream industry +

    KOTA KINABALU: The Sabah Land Development Board (SLDB) is planning to venture into palm oil downstream industry with the setting up of its multi-million palm oil mill at Pandewan, Nabawan. SLDB chairman Datuk Haji Abdul Rahim Ismail said the Pandewan mill, expected to be commissioned this year, has the capacity to process more than 45 metric tons of fresh fruit bunch (FFB) per hour. Once it is operational, palm oil planters from other companies can also sell FFB to the mill. Rahim said this during the breaking of fast organised by the agency’s Islamic welfare body at SLDB head office Read More
  • Sabah Museum greets 50th year with photo contest +

    KOTA KINABALU: The Sabah Museum will hold a historic photo contest to mark its 50th year golden jubilee. Themed as Family History Makes the Nation History, the competition is open to Sabahans, said Minister of Tourism, Culture and Environment Datuk Masidi Manjun. He said there is no limit in the number of entries as long as the photograph is no less than 50-year-old as off the contest closing date, on Sept 12. The photos submitted for the competition must be original copy, and followed by captions, he said. He explained photos of family trees are allowed for the competition too Read More
  • Ministry educating public on solid waste separation policy, says Abdul Rahman +

    KUALA LUMPUR: The Urban Wellbeing, Housing and Local Government Ministry (KPKT) is educating the public on the purpose of implementing a policy that requires the separation of solid waste at source from Sept 1. Its minister Datuk Abdul Rahman Dahlan said KPKT was trying to educate the public on the process of separating recyclable items, so that it could reduce the cost of managing solid waste. "Rather than being faced with thousands of tons of solid waste that we have to manually sort out, its better if we use the approach of separation at source, so as to focus on Read More
  • Fitch’s stable outlook reflects govt’s financial management, policies: PM +

    KUALA LUMPUR: Fitch Ratings’ upward revision of Malaysia’s outlook to stable, is indeed a reflection of the government’s financial management and economic policies, says Prime Minister Datuk Seri Najib Razak. “I am pleased that Fitch, the international ratings agency, has maintained Malaysia’s credit rating and revised our outlook upwards to stable,” he said in his latest Facebook and Twitter posting. Fitch Ratings affirmed the country’s long-term foreign currency issuer default rating (IDR) at ‘A-’ and local currency IDR at ‘A’. The issue ratings on Malaysia’s senior unsecured local currency bonds were also affirmed at ‘A’. The outlook on the long-term Read More
  • Pan Borneo Highway Boost For Sarawak Economy - Najib +

    KUALA LUMPUR, -- Datuk Seri Najib Tun Razak today expressed optimism that the Sarawak stretch of the Pan Borneo Highway would trigger intensive economic growth and transform the life of the people in the state. The prime minister said the highway would also help realise the government efforts to bring development to the people as the road links the major cities in the state and connects to a highway in Sabah. "It is my dream to see balanced development and a reduction in the development gap among peninsular Malaysia, Sabah and Sarawak become a reality," he said in his latest post Read More
  • CM Launches 10th Sabah International Folklore Festival Promotion +

    KOTA KINABALU, -- Chief Minister Datuk Seri Musa Aman launched the 10th Sabah International Folklore Festival (SIFF) promotion at the grounds of Wisma Innoprise, here, today. To mark the launching, Musa placed a sticker each on two SIFF official cars which will be used for two months from today to promote the prestigious event. Also present were Deputy Chief Minister Datuk Seri Yahya Hussin, state Tourism, Culture and Environment Minister Datuk Seri Masidi Manjun and other state cabinet members. Themed "People's Weddings", the SIFF this time will be from Aug 10 to 15 and scheduled to be held at the Sabah Read More
  • Don’t be choosy, Siringan tells youths +

    Kota Kinabalu: Graduates must look for different alternatives when applying for jobs and not focus solely on the field they opted for as students. "Do not be choosy when looking for jobs … one can create their own job opportunities without depending on others," said Resource Development and Information Technology Minister Datuk Siringan Gubat. He said this during the presentation of certificates to a total of 51 trainees under the State Human Resource Development Department (JPSM) course programme at Promenade Hotel here, Tuesday. Siringan also advised employees and entrepreneurs to practice positive values to produce better outcome in the future. Meanwhile, Read More
  • Malaysia’s medical expertise better than some western countries +

    PUTRAJAYA, -- The medical expertise in Malaysia is comparable and sometimes better than in most Western countries, said prime minister Datuk Seri Najib Tun Razak today. He pointed out that earlier this year, the country's healthcare system received the top score out of 25 countries surveyed by an American publication, ahead of Spain, France, Ireland and New Zealand. "We should all be proud of such recognition and I congratulate members of the Malaysian Medical Association (MMA) for the hard work they have put into making Malaysia as one of the best healthcare system in the world. "That is no small achievement," Read More
  • No tsunami if quake in shallow sea, says geologist +

    KOTA KINABALU: Sabah is facing another possible earthquake in the near future, said Universiti Malaysia Sabah (UMS) Geologist Professor Dr Felix Tongkul. According to him, the 6.2 magnitude earthquake that hit Lahad Datu in 1976 showed that it will happen again. “Earthquake happens when pressures – built over the years in the earth crust – are released. So after that, the pressure will continue to build and it takes years until it is released again,” he said. “There is no way we can predict but based on records, it happens in a 30 to 40 years cycle,” Dr Felix said when met Read More
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