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  • Government To Announce Economy-Boosting Steps Soon, Says Hamim +

    KUALA LUMPUR, -- The government is expected to announce measures to further bolster the economy soon following the recent fall in the value of the ringgit, said International Trade and Industry Deputy Minister Datuk Hamim Samuri. Without elaborating on the measures to be taken, he said they are based on the economy's still strong fundamentals as well as favourable investment trends and balance of payments. "The people should place their trust in the government and give space to the leaders based on our past experience," he told reporters after the launch of the Perdasama Muda national committee here today. Earlier, he Read More
  • Petronas and Gallery hold outreach programme +

    KOTA KINABALU: Petronas in collaboration with the Sabah Art Gallery, recently organised an outreach programme aimed at promoting art and science to the Sabahan public, particularly students. Held from Dec 4 to 5, the outreach programme was in conjunction with the on-going "Pertumpuan: Senusa Sejiwa" art exhibition, organised by Galeri Petronas, which showcased 30 selected artworks from the Petronas Art Collection. Among the activities held during the two-day programme were mural painting workshops, Orang Asli craft workshop and demonstration, a folk art workshop and demonstration, as well as a Naïve Art workshop and expressionism dance performances. Present were Petronas Sabah Read More
  • Labuan to woo tourists with 10 programmes +

    LABUAN: With the ending of Visit Malaysia Year 2014, Labuan has prepared a new tourism campaign in conjunction with the Malaysia Year of Festivals 2015 (MyFest 2015), with 10 programs lined up on the year-round calendar events. The year-long calendar offers related to cultural festivals, arts and music showcases, food promotions, shopping, and sports. Events will include the Lawn Bowling Competition and Federal Territory Day each in February, Labuan Water Festival and Labuan Fest in April, Labuan Duathlon Challenge in August, Borneo Art Festival in September, National Language Month Festival and Labuan People Theatre Festival to be held in October Read More
  • Batu Sapi and Labuk road upgrades welcomed by motorists, locals +

    SANDAKAN: Upgrading work on the road stretching across Batu Sapi and Jalan Labuk has been greatly welcomed by people in Sandakan and motorists but none more than the local residents of the area. A visit to Batu Sapi found there was a general feeling of excited anticipation among the communities who expect significant economic growth with more commercial activities created as a result of the infrastructure development currently underway. The sights and sounds of housing projects being constructed only serve to add excitement to local folks who look forward to owning affordable homes. Low-income groups are not neglected as projects Read More
  • Government Mulls Over Concept Of Land Bank For Affordable Houses +

    PUTRAJAYA, -- Prime Minister Datuk Seri Najib Tun Razak says the government is mulling over the establishment of a land bank, especially for the construction of affordable houses at strategic locations. He said the matter was subject to the government's ability to provide the fund for the land and it would be considered under the 11th Malaysia Plan. He said the concept of land bank was created for medium and long-term needs, especially in urban areas where the price of land had been steadily increasing. "If we build houses too far from the cities, the people will have to shoulder higher Read More
  • Najib Outlines Two Fundamental Values For Effective MOF Corporate Administration +

    PUTRAJAYA, -- Prime Minister Datuk Seri Najib Tun Razak Tuesday outlined two fundamental values, namely integrity and competency that must be practised by the Minister of Finance (Incorporated) (MOF) board of directors for effective corporate administration. Najib, who is also Finance Minister, said every appointed member needed to ensure that their corporate management was effective and impactful in reaping profits, attaining socio-economic objectives or providing a better and more efficient service. To enhance corporate integrity, he said MOF board of directors were required to undergo integrity screening conducted by the Malaysian Anti-Corruption Commission (MACC). "We will continue to work together with Read More
  • Felda Investment Corp acquires first property in London +

    KUALA LUMPUR: Federal Land Development Authority (FELDA) subsidiary, Felda Investment Corporation (FIC), recently acquired Grand Plaza Kensington Hotel in London, in a move to diversify its investment assets. FELDA Group Chairman Tan Sri Mohd Isa Abdul Samad said the acquisition would enable the company to maximise its investment returns for the ultimate benefit of stakeholders. “It marked an important milestone in the company’s history as its first stepping stone in creating a brand name for FELDA with the previously acquired Grand Plaza Serviced Apartments in Bayswater, the hot-spot area among Malaysians visiting London. “While the Grand Plaza Serviced Apartments’ is Read More
  • Greetings For ASEAN Community +

    KUALA LUMPUR (Bernama) -- Chomreabsuor! Kumoosta! Hello! Sawatdee! Apa Khabar! Chao! Mingalaba! Sabaadii!; these are the greetings typical to the 10 member states of ASEAN with three - Malaysia, Indonesia and Brunei - sharing the "Apa Khabar" greeting. One will expect these greetings to reverberate throughout ASEAN, a grouping made up of Malaysia, Singapore, Indonesia, Brunei, The Philippines, Thailand, Myanmar, Vietnam, Laos and Cambodia, after the ASEAN Community concept becomes a reality on 31 Dec 2015. The cultural, language and religious diversity, and the economic disparity and the divergent political systems within the member states are no barrier to the grouping's 620 million Read More
  • GST: Four years to adjust, RM22 billion in revenue +

    KOTA KINABALU: It will take about four years for consumers to adjust themselves to the Goods and Services Tax (GST), said Assistant Industrial Development Minister Datuk Bolkiah Ismail. As the government rolls out the GST on April 1, Bolkiah said it is undeniable that there will be a slight increase on the prices of goods, and to some extent it does affect the people’s purchasing power. However, in the long run, it is the people who will benefit from GST, he said. “GST is meant for the county’s development, the income generated from GST will be channeled directly to infrastructure Read More
  • Students From Arab Region In Malaysia To Double By 2020 +

    DUBAI, -- The number of students from the Middle East, South Asia and North Africa furthering their studies in Malaysia is expected to double by 2020 following promotions conducted continuously via the Education Malaysia (EM) office, here. EM regional director for the Middle East, South Asia and North Africa, Shushilil Azam Shuib said currently, there were about 30,000 students from these regions furthering their education in various fields in Malaysia. Met by Bernama at his office recently, he said the target was to raise the number of students from these regions to 60,000 by 2020. According to him, higher learning institutions Read More
  • Discourses can boost Islamic education +

    KOTA KINABALU: Islamic education and the learning of the Arabic language can be further improved through discourses such as the Islamic Education Discourse organised by Universiti Kebangsaan Malaysia (UKM) and the Sabah Islamic Affairs Department. Chief Minister Datuk Seri Musa Haji Aman said such programmes are one of the best ways in addressing problems and issues related to Islamic education on the country. “This is where the results of studies on the Islamic Education System and Arabic Language Education can be presented and shared in order to unveil issues among the community and students. “I believe this discourse will add Read More
  • BR1M 4.0's First Payment January-End - Ahmad Husni +

    TELUK INTAN, -- The first payment of the 1Malaysia People's Aid 4.0 (BR1M) will be implemented from January-end, says Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah. He urged new applicants for the aid to apply quickly while existing recipients must update their personal details before the closing date on Dec 31. "New applicants must submit their applications before the closing date on Dec 31. We will process them to determine who qualifies before payment is made at the end of January. "Existing recipients must update their particulars because it is difficult for us to hand over compensation to the next-of-kin Read More
  • Ministry targets 600 young entrepreneurs in coral growing +

    KUALA LUMPUR: The Agriculture and Agro-based Industries Ministry has set a target of 600 young entrepreneurs venturing into coral aquaculture cultivation in the next two years. Deputy Minister Datuk Seri Tajuddin Abdul Rahman said the target was achievable via the Young Agropreneur Development Programme as the ministry, with the cooperation of the fisheries department, provided numerous types of aid and facilities to the participants. He said the coral business had the potential for expansion and could give lucrative returns to entrepreneurs, in excess of RM5,000 a month. “A total of 3,244 youths registered under the programme. Of the number, 1,672 Read More
  • Set up Malaysian consulate in Southern Philippines +

    KOTA BELUD: The absence of a consulate-general of Philippines in Sabah to regulate the republic’s citizens in the state can be addressed by setting up Malaysian consul offices in the Southern Philippines, suggested a minister yesterday. Minister of Urban Wellbeing, Housing and Local Government, Datuk Abdul Rahman Dahlan said that this will help to document and screen Filipinos seeking jobs in Sabah prior to their arrival in the state. He said apart from searching for the culprits behind the influx of illegal immigrants in Sabah, there must be mechanisms in place to tighten the immigrants’ registration process. “Immigrants who come Read More
  • Petronas Upstream Business Now In 24 Countries +

    KUALA LUMPUR, -- Petroliam Nasional Bhd's (Petronas) upstream business has spread to 24 countries, on the basis of value growth, with a venture in shale oil being the latest, says Vice President of Upstream International, Sharbini Suhaili. Sharbini said the national oil and gas (o&g) firm's global presence comprises businesses in 14 producing countries, 166 ventures and with 91 partners. Most recently, it inked a US$550 million (US$1=RM3.48) deal with Argentina's state-controlled oil company YPF to explore for oil in the South American country's Vaca Muerta shale formation. "We believe Argentina has the best shale in its rocks, so we are setting Read More
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