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Events Calendar



  • Explore Latin American market, MATRADE tells enterprises +

    KUALA LUMPUR-- The Malaysia External Trade Development Corporation (MATRADE) wants local enterprises to spread their wings and tap the vast unexplored markets of Mexico, Peru and Chile. Market Access And Internatioanl Partnership Division Senior Director Aureen Jean Nonis said with a combined population of 166.3 million and the soon-to-be enforced Trans-Pacific Partnership Agreement (TPPA), the three countries can become a gold mine for Malaysian investors. "Last year, the bilateral trade between Malaysia and Chile surged 36 per cent, year-on-year, to RM1.6 billion while with Mexico it increased 17.5 per cent to RM7.7 billion and with Peru it was valued at Read More
  • Muhammad promises to carry out duties to the best of his ability +

    KUALA LUMPUR-- Governor-designate Datuk Muhammad Ibrahim has promised to carry out the duties before him to the best of his ability. Muhammad, who is Deputy Governor, was appointed the new Governor for five years, effective May 1, to take over from Tan Sri Dr Zeti Akthar Aziz, 68, who will retire on April 30. "I accept the appointment as governor with great humility. I look upon it as an opportunity and call to serve the nation. I will strive to carry out the duties of Governor of BNM to the best of my ability," Muhammad said in a statement here Read More
  • Muhammad Ibrahim appointed BNM Governor effective May 1, 2016 +

    KUALA LUMPUR-- Deputy Governor of Bank Negara Malaysia, Datuk Muhammad Ibrahim has been appointed the new Governor for five years, effective from May 1, the Prime Minister's Office announced Wednesday. Muhammad, who was Deputy Governor since 2010, will assume the position from Tan Sri Dr Zeti Akthar Aziz, 68, who retires on April 30. His appointment received the royal consent of the Paduka Baginda Yang DiPertuan Agong, on the advice of the prime minister. "I am confident, under the leadership of Muhammad, BNM will continue to assist and advice the government besides presenting its views to further drive the country's Read More
  • Hotel sector good prospects for graduates +

    KOTA KINABALU-- The hotel industry is one of the most important sectors in Sabah and the country with good job prospects for graduates, said Sabah Youth and Sports Minister Datuk Tawfiq Abu Bakar Titingan. He said the hospitality sector which was closely linked to the tourism industry was growing rapidly in the state and had much to offer to tourists. "The hotel sector is one of Sabah's top industries, thanks to the state's beautiful nature, culture and seafood. Youths need not be concerned about finding jobs in this area which can help overcome unemployment," he said. Tawfiq was speaking to Read More
  • Biotechnology hub at KKIP soon +

    Kota Kinabalu: A collaboration proposal agreement was signed between K.K.I.P Sdn Bhd and Malaysian Biotechnology Corporation Sdn Bhd yesterday for the development of Biotechnology Hub at Kota Kinabalu Industrial Park (KKIP). The signing marked a starting point for joint collaboration between both companies for the development and promotion of KKIP to local and international investors, in particular, domestic and foreign investors in bio-based and biotechnology ventures. The proposed hub will be located on a 30-acre plot at Commercial Zone 1 phase 2 within the park with a possible expansion on another 100 acres. It will be designed to accommodate attractive Read More
  • Sultan Nazrin: Venture into new frontiers of Islamic banking & finance +

    KUALA LUMPUR-- Sultan Nazrin Shah of Perak said on Tuesday the way forward for Malaysia, after having established a solid reputation for Islamic banking and finance, is to venture into new frontiers and establish more meaningful footprints globally. He said some players had already made inroads into other jurisdictions and they deserved commendation but the road to internationalisation was neither easy nor straightforward. "Those who aspire to embark on the same path will need to be armed with ingenuity, industriousness, foresight and diligence, apart from classical knowledge of Islamic jurisprudence as well as the technical workings of banking and finance," Read More
  • Malaysia set to benefit from growing semiconductor industry +

    GEORGE TOWN-- Malaysia is poised to become the utmost beneficiary of the growing global semiconductor market as six out of 10 world's largest semiconductor companies have established their presence here. Quoting figures released by PriceWaterhouse Coopers, International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the global semiconductor market was expected to grow at a compound annual growth rate of about 15 per cent from 2015 to 2019. Recognising the growth prospects of the electronics and electrical (E&E) industry, particularly the semiconductor segment, he said the government was strengthening the development of the industry through its Economic Transformation Programme. Read More
  • Gov’t recognises importance of creativity, innovativeness for economic future +

    KOTA KINABALU: The government recognises the importance of creativity and innovativeness in developing the country economic future. And this was reflected in the 2016 national budget tabled by the Prime Minister where RM1.5 billion was allocated to turn Malaysia into a technology hub in the region, said Resource Development and IT Minister Datuk Siringan Gubat. He recalled the Prime Minister saying that: “To raise productivity, we need to accelerate innovation and creativity.” We must continuously innovate to stay relevant and adapt to the times which are constantly changing, said Siringan during the launch of JCI 10th CYEA (Creative Young Entrepreneur Read More
  • Malaysia can achieve truly developed nation status by 2020, says Najib +

    KUALA LUMPUR-- Prime Minister Datuk Seri Najib Tun Razak has expressed confidence that Malaysia can achieve truly developed nation status by 2020 under the National Transformation Programme, but it will be an uphill battle that requires dedication and the undivided support of both the public and private sector, as well as, the people. He also cautioned against complacency that could derail the 2020 goals in view of the fierce competition for investments and new trade rules that clearly signify the survival of the fittest in an increasingly tough global environment. Although NTP through the Government Transformation Programme delivered "big fast Read More
  • Sabahans possess good management skills +

    RANAU: The notion that Sabahans are poor at management is a false statement that needs to be removed from the mindset of the people because there is much evidence that proves the reality is actually the opposite. Minister of Tourism, Culture and Environment, Datuk Masidi Manjun said, almost all of the government owned companies in Sabah are listed as good under the care and management category. “For 15 years, we have been receiving audit without comments in government management. Sabah is the only state which possesses the most number of ministries and government agencies that received four stars from the Read More
  • RM6.6m due from 100,000 car owners +

    KOTA KINABALU: A whopping 100,000 vehicle owners are being sought by City Hall (DBKK) to recover RM6.6 million worth of outstanding parking tickets. Assistant Minister to the Chief Minister, Datuk Edward Yong Oui Fah disclosed that the parking arrears were backdated since the coupon system was implemented. To make it easy for defaulters, DBKK is offering them an amnesty month beginning May 3 to June 10. “This is the best chance to pay off without any conditions attached like fines and additional charges,” he told reporters yesterday when launching the amnesty programme at DBKK here. Edward who is also the Read More
  • Portable water treatment system for rural areas +

    KOTA KINABALU: Toray Industries (Malaysia) Sdn Bhd demonstrated its portable water treatment system in Kundasang in the hope of providing a solution to overcome the problem of water shortage in the rural areas. Founded in Japan in 1926, Toray is the only company with expertise across the entire spectrum of high-performance water treatment membranes, including reverse osmosis (RO) membranes, nano-filtration (NF) membranes, ultra-filtration (UF) membranes, micro-filtration (MF) membranes and membrane bioreactors (MBR). Apart from permanent water treatment facilities, Toray also manufactures portable water treatment units which can turn sea water, river water or well water into fresh water. Assistant Local Read More
  • Sime Darby’s new breed can produce one-sixth more palm oil +

    Sime Darby Bhd expects its new oil palm breed, the Genome Select, to produce at least 16% more oil and contribute positively to the group’s bottom line by 2023. President and group chief executive Tan Sri Mohd Bakke Salleh said the Genome Select is also expected to produce more oil than the Calix 600 – which is currently the best planting material for Sime Darby Plantations. “By 2023, Sime Darby Plantations will have enough genome materials to meet all of Malaysia’s replanting requirements,” he said at the Genome planting ceremony at Dusun Durian Estate, Carey Island, near here today. The Genome Read More
  • Malaysia To Host Inaugural World Travel Market Connect Asia 2016 +

    KUALA LUMPUR, April 25 (Bernama) -- Malaysia will be the first country in Southeast Asia to host the three-day World Travel Market (WTM) Connect Asia, beginning May 18.Tourism Malaysia director-general Datuk Seri Mirza Mohammad Taiyab Beg said the event to be held in George Town, Penang was in line with the government's objective in establishing the country as a leading business tourism destination."This event offers Malaysian sellers an excellent platform to meet international buyers as it will be an ideal platform for those tourism trade industries to network and explore potential partnerships and business opportunities," he said at the WTM Connect Read More
  • Musa urges for more women’s participation in govt programmes +

    KOTA KINABALU: Chief Minister Datuk Seri Musa Haji Aman has urged womenfolk in Sabah to participate in any programmes implemented by the government in order to seize opportunities provided for them and to be sensitive to changes. He said it would help to improve and strengthen their ability and add value to their work so they can make great contributions to themselves, family, society and the nation. Musa said this in his speech at the opening ceremony of the Conference on Women (KONFITA), at Wisma Wanita here yesterday. The speech was delivered by the Minister of Community Development and Consumer Read More
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