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Events Calendar



  • German industry upbeat about M'sia as a business centre in newly-created AEC +

    FRANKFURT: The German industry is upbeat about Malaysia with the perception in trade and industry circles about its business-friendly environment. This perception is further reinforced particularly in the backdrop of the newly-created Asean Economic Community (AEC). German corporate executives and trade experts said “almost all the key German corporate players worth naming” were present in Malaysia, with some of them even strengthening and expanding their presence in the country, with a view to tapping the huge potential of the new 620 million consumer strong economic community. Jan J. Schmidt-Krayer, Chief Executive of Schmidt + Clemens (S+L) Group, which has invested 14 Read More
  • M'sia has potential to become regional training hub for electric vehicles +

    Malaysia has the potential to become a regional training hub for electric vehicles, said UK-based Institute of Motor Industry (IMI) chief executive officer, Steve Nash. “Malaysia definitely has a strong potential to become the main regional training hub for electric vehicles as we see it as being ahead of others in the region in the area of electric vehicle adoption,” he said. Nash said this at the institute’s conference, themed ‘Upskilling to Meet Industry’s Needs’. The conference discusses the changing environment of the car sector currently and the needs for car companies to enhance human capital management to meet the Read More
  • Malaysia to host the 26th CHOGM (Commonwealth Heads of Government Meeting) in 2020 +

    VALLETTA (MALTA), Nov 30 (Bernama) -- Malaysia has been appointed to host the 26th Commonwealth Heads of Government Meeting (CHOGM) in 2020, said Datuk Seri Dr Ahmad Zahid Hamidi. The Deputy Prime Minister said the appointment was in recognition of Malaysia's significant role as a member of the Commonwealth for the past 50 years. "Malaysia has been appointed to host the CHOGM in 2020, 31 years after hosting the meeting," he told Malaysian reporters here after attending the closing ceremony of the CHOGM 2015 in Malta Monday. Ahmad Zahid who led the Malaysian delegation for the CHOGM 2015, said the United Read More
  • Vietnam eyes international trade boost +

    Vietnam could emerge as the single-biggest winner from the recently signed Trans-Pacific Partnership (TPP) trade agreement, according to ratings agency Fitch, with the potential for a significant increase in investment inflows and export opportunities. Signed on October 5 and expected to come into force at the end of 2017, the TPP will bring Vietnam, Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and the US together into the world’s largest trade bloc, creating a market of 800 million people that accounts for 40 per cent of global output. “Of the 12 countries that are party to Read More
  • Uggah to lead mission to ITRC (International Tripartite Rubber Council) meetings on Dec 3 in Jakarta +

    KUALA LUMPUR, Nov 29 (Bernama) -- Minister of Plantation Industries and Commodities Datuk Douglas Uggah Embas will be leading the Malaysian delegation to the International Tripartite Rubber Council (ITRC) Ministerial Committee Meeting and ITRC Ministers' Meeting with Ministers responsible for the rubber industry from Cambodia, Lao PDR, Myanmar and Vietnam in Jakarta, Indonesia on Dec 3, 2015. These meetings will be preceded by the Preparatory Senior Officials Meeting on Nov 30-Dec 2 at the same venue, the ministry said in a statement here today. Thailand, Indonesia and Malaysia are members of ITRC, which was established on Dec 12, 2001 to promote Read More
  • CIMB-Principal sees 'CWA (CIMB Wealth Advisor) Business Academy' as platform to produce future entrepreneurs +

    KUALA LUMPUR, Nov 29 (Bernama) -- CIMB-Principal Asset Management Bhd targets its newly launched 'CWA Business Academy' to be the platform to generate future entrepreneurs. Its Chief Executive Officer (CEO) Munirah Khairuddin, said the academy was also expected to inspire and nurture a new generation of young professionals into CEOs in the next five years. "The academy is aspired to hone CIMB Wealth Advisor (CWA) consultants' wealth management skills via its four key faculties: Sales and Financial Planning, Product and Technical, Personal Effectiveness as well as Leadership. "Upon graduation, these consultants are envisioned to provide all fellow Malaysians with professional advice Read More
  • PR1MA confident of meeting target of 500,000 PR1MA houses by 2018 +

    KUALA LUMPUR: The 1Malaysia People’s Housing Programme (PR1MA) is confident of achieving the target of providing 500,000 PR1MA houses by the year 2018. Its chairman, Tan Sri Ali Hamsa said so far 227,776 units of houses under PR1MA had been approved throughout the country comprising 90 projects. “More PR1MA projects will be announced and so far we have not heard of any complaint from buyers on loan approvals from the banks offering loans,” he said. Ali, who is also the chief secretary to the government, said this to reporters after the ballotting for the PR1MA Alam Damai project, in Cheras Read More
  • Japan’s SDP Global investing US$100 million in Malaysia +

    TOKYO, Nov 26 (Bernama) -- Japanese manufacturer of superabsorbent polymers, SDP Global Co Ltd will establish a production base in Malaysia with an expected investment of about US$100 million (US$1=RM4.22). SDP Global President, Hiroyuki Shimominami, said construction on the production base in Johor was expected to start in May 2016 and the facility was slated to begin operation in the second quarter of 2018. "The production base in Malaysia will follow the ones in Japan and China to meet the expected further expansion in global demand for superabsorbent polymers," he said. He said this during a media briefing today after the exchange Read More
  • Strategic infrastructure investment leads to foundation for long term economic growth +

    ST JULIAN'S (Malta), Nov 26 (Bernama) -- Strategic investment in infrastructure leads to the building of a foundation for long-term economic growth, said Malaysia's Chief Secretary to the Government Tan Sri Dr Ali Hamsa. He said, Malaysia as such, has always believed in the role of public-private partnerships (PPPs) in infrastructure development to promote the growth and development of the country's economy. "Investing in infrastructure is the right way forward for an economy built to last. Infrastructure investment should not only be viewed as an economic stimulant, but as also a strategy. "In this regard, Malaysia's approach is 'private sector-led growth Read More
  • Sabah Tourism Board encourages development of Sabah’s tourism products +

    TAMPARULI: Sabah Tourism Board will continue to provide encouragement and provide for efforts to develop tourism products in Sabah. Its chairman, Datuk Joniston Bangkuai said the board would always support interesting events that are not available in other countries. “When we talk about attracting foreign tourists, surely we want to present a tourism product that is unique and not found in other countries,” he said. Joniston told reporters after attending Bambusia Gala Nite in conjunction with the Bamboo Arts Festival organised by the Kinabalu Bamboo Music Orchestra (OMBAK) and several agencies at Dewan Tun Hamdan, here on Wednesday. He said Read More
  • PPA1M to be extended to other districts, says Zakaria +

    KOTA KINABALU, Nov 26 (Bernama) -- The government through the Housing and Urban Development Board (LPPB) and with the cooperation of the Prime Minister's Department will extend the 1Malaysia Civil Servants Housing (PPA1M) programme to other districts in Sabah. State Local Government and Housing Assistant Minister, Datuk Zakaria Edris said the districts included Sandakan, Lahad Datu, Tawau and Tuaran. "The sites in Tuaran, Papar and Lahad Datu have been identified while it is in the process for sites in the other districts," he said to a question from Datuk Samsudin Yahya (BN-Sekong) at the state assembly sitting, here, Thursday. Samsudin had Read More
  • Three strategies to achieve target of 90pc Sabahan teachers by 2018 +

    PRIORITY is currently focused on increasing the capacity of trainee teachers at each of the existing institute of teacher education (ITE) campuses in Sabah, and not increasing the number of ITE campuses. State education exco Datuk Seri Masidi Manjun said increasing the capacity of trainees at each ITE was more practical and easy, as compared to increasing the number of campuses which required financial provisions. “What is practical and easy to implement is to enhance the ability of the existing ITEs to train new teachers,” he said in reply to a supplementary question from Datuk Mohd Suhaili Said (BN-Tungku) at Read More
  • Budget to ensure continued progress, prosperity – Musa +

    KOTA KINABALU: The aim of tabling a surplus State Budget for next year is to back efforts to strengthen state reserves to ensure continued progress and prosperity. Quoting a Malay proverb “sedikit sedikit, lama-lama jadi bukit”, Chief Minister Datuk Seri Musa Haji Aman said: “This is what we are hoping for…the state reserves will strengthen although the surplus amount is small.” Winding up the Finance Ministry’s speech during the last day of the State Assembly sitting here yesterday, he disclosed that the state currently has cash reserves amounting to about RM3 billion to make sure socio-economic development would continue. Last Read More
  • CM witnesses loan repayment of RM7 million from SEDCO to state +

    KOTA KINABALU: The Chief Minister, Datuk Seri Panglima Musa Haji Aman, witnessed the loan repayment of RM7 million by the Sabah Economic Development Corporation (SEDCO) to the state government. SEDCO General manager, Pengiran Saifuddin Pg. Tahir, presented a cheque replica to the Finance Ministry Permanent Secretary, Datuk Pg. Hassanel Datuk pg. Mohd Tahir, while witnessed by Musa and SEDCO Chairperson, Dato’ Sri Haji Nasir Tun Sakaran, at the DUN Assembly Hall, this evening. Nasir said the amount is the highest compared to the previous year, thanks to the increase in the company’s performance and income which is at its peak. Read More
  • Mercedes-Benz Hap Seng Auto Haus launched +

    KOTA KINABALU: Hap Seng Consolidated Bhd’s unit Hap Seng Star Sdn Bhd has budgeted RM30 million in investments this year and next to expand its automotive business in Sabah and Sarawak. At a press conference yesterday in conjunction with the launch of Mercedes-Benz Hap Seng Star Kota Kinabalu Autohaus, Hap Seng group COO and Hap Seng Star CEO Harald Behrend said the investment is in line with an expected growth potential in Sabah and Sarawak. “We won’t invest if we have no confidence in these markets,” he said, adding that sales have been increasing in Sabah and Sarawak. Besides Kota Read More
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