Time for Sabah, Sarawak to play bigger role

Time for Sabah, Sarawak to play bigger role

Aviation and Aerospace, Digital Economy, Entrepreneurs, FinTech, Industry 4.0, Renewable Energy, Sabah, Sarawak, Smart City
Dato Madani Sahari As a Sarawakian, I am aware that there has been decades-long limitation in bringing the automotive industry to Sabah and Sarawak, as the logistics factors alone make it seemingly challenging to set up an automotive manufacturing ecosystem. However, with the advent of technology and disruptions within the mobility sector, new opportunities have arisen for the people of Sabah and Sarawak. With the correct strategy, it is the right time for meaningful participation, with new comparative advantages now available for the region. MARii has long been working closely with the Australian government to develop numerous turnkey projects in electric mobility and advanced manufacturing for the benefit of Malaysians. Now, in the case of Sabah and Sarawak, an opportunity has presented itself. Firstly, the advent of online technology has…
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MAHB’s retail revolution more than just business

MAHB’s retail revolution more than just business

Aviation and Aerospace, Digital Economy, Entrepreneurs, FinTech, Industry 4.0, Renewable Energy, Sabah, Sarawak, Smart City
SEPANG: The word “lifestyle” may seem out of place at an airport, but it is exactly what Malaysia Airports Holdings Bhd (MAHB) aims to inject into its five international airports in five years. The country’s main airport operator is looking to revamp the commercial space at international airports in Kuala Lumpur, Langkawi, Penang, Kota Kinabalu and Kuching. In an interview with FMT, Mohammad Nazli Abdul Aziz, who is spearheading the commercial reset, said the exercise is about raising the standards of airport retail and realising the full potential of commercial space. “Look at other airports in the region like Singapore, South Korea and Hong Kong. Their average sales per pax (SPP) is at least two to three times more than KLIA’s,” he said. Nazli, who is also MAHB’s senior general…
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MED to create 50,000 entrepreneurs

MED to create 50,000 entrepreneurs

Aviation and Aerospace, Creative Arts & Design, Digital Economy, Entrepreneurs, Farming & Agriculture, FinTech, Fishing, Industry 4.0, Renewable Energy, Sabah, Sarawak, Smart City
KUALA NERUS, Feb 17 (Bernama) – The Ministry of Entrepreneur Development (MED) aims to produce 50,000 small and medium entrepreneurs (SMEs) in order to increase their contribution significantly to the country’s Gross Domestic Product (GDP) growth, says its minister Datuk Seri Mohd Redzuan Yusof. He said SMEs currently contributed 37 per cent to the GDP and the target was increase that to 47 per cent by 2020. He said in order to achieve the target, the ministry has implemented various initiatives including the “Reach Out & Adopt Programme with MED”, pocket talk sessions with SMEs, Cluster Based Enhancement Programme and Bumiputera Youth Entrepreneurship Programme to foster interest and guide those who are really keen. [Source: "MED to create 50,000 entrepreneurs" pubished by BERNAMA] Photo Credits: BERNAMA
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Malaysia and Indonesia rush to slice up $3tn global halal market

Malaysia and Indonesia rush to slice up $3tn global halal market

Digital Economy, Entrepreneurs, Farming & Agriculture, Fishing, Industry 4.0, Sabah, Sarawak, Smart City
KUALA LUMPUR/JAKARTA -- Japan may have a minuscule Muslim population, but the country still represents the way forward for Malaysia's Faisal Ahmad Fadzil and his line of halal-certified bath products and massage oils. "If you're successful in Japan," Faisal said, "you can go anywhere." Malaysian exporters of Shariah-compliant products aim to go anywhere and everywhere, capitalizing on a global Islamic economy projected to be worth over $3 trillion by 2023. But with such an enormous opportunity comes formidable competition. Indonesia, home of the world's largest Muslim population, is looking to mount a serious challenge. The Arabic term "halal," which means "permissible," covers everything that conforms to Islamic law as written in the Quran. The best-known rules prohibit pork and alcohol, but the scripture can be applied to all sorts of…
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Jobs of the future: Top five emerging careers

Jobs of the future: Top five emerging careers

Creative Arts & Design, Digital Economy, Entrepreneurs, Farming & Agriculture, FinTech, Fishing, Industry 4.0, Kalimantan, Our Community, Renewable Energy, Sabah, Sarawak, Smart City
CHOOSING the right course to study after secondary school is one of the most important decisions in life. With an array of courses available, the guidance of an experienced and knowledgeable education counsellor is invaluable after the Sijil Pelajaran Malaysia (SPM) and Sijil Tinggi Persekolahan Malaysia (STPM) examinations. Regardless of whether school-leavers are from the arts or science stream, it is important to select a discipline that matches interests. Malaysian Institute of Human Resource Management human resource adviser Geh Thuan Hooi said the programme of choice must be relevant now and in the future or graduates risk being left behind. “With the advent of Industry 4.0 where artificial intelligence (AI) will replace many present jobs, anything related to data analytics, information technology and robotics are good fields to venture into.…
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Msia receives new investments from Japanese companies

Msia receives new investments from Japanese companies

Digital Economy, Our Community, Sabah, Sarawak
PUTRAJAYA: Malaysia has received numerous new investments and requests for expansion of old investments from Japanese companies following the visit by Prime Minister Tun Dr Mahathir Mohamad to Japan last year, said Minister of International Trade and Industry (MITI) Datuk Darell Leiking today. He said this was also due to the cooperation and diplomacy the two nations have shared for a long time. “Because of this, Japanese giant companies have expressed interest in new investments in the country as well as existing Japanese companies have also shown interest in expanding existing investments. “I have also met with several chairmen of established Japanese companies in Malaysia and they promised to increase their existing investments in Malaysia as they trust the Pakatan Harapan government led by Dr Mahathir,” he told reporters today…
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Economy grew at 4.7% for 2018, says Bank Negara Malaysia

Economy grew at 4.7% for 2018, says Bank Negara Malaysia

Digital Economy, Entrepreneurs, FinTech, Sabah, Sarawak
KUALA LUMPUR: The Malaysian economy registered a growth of 4.7% during the final quarter of 2018, bringing the total GDP for the year to 4.7%, according to Bank Negara Malaysia today. Private sector activity remained the driver for growth, while a rebound in exports of goods and services contributed towards the positive growth of net exports. BNM governor Shamsiah Mohd Yunus said that major sectors had expanded during the quarter. “The services sector was supported by continued strength in consumer spending, particularly in the retail segment. Growth in the manufacturing sector remained driven by the electronics and electrical (E&E) and consumer related clusters,” she told a presentation today. Commodities related sectors continued to recover from production disruptions experienced since the second quarter, with higher growth in the mining and agricultural…
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Southeast Asia eclipses China as world’s mobile economy hot spot

Southeast Asia eclipses China as world’s mobile economy hot spot

Digital Economy, Entrepreneurs, FinTech, Industry 4.0, Kalimantan, Sabah, Sarawak, Smart City
Thais, Indonesians and Singaporeans are big-time online bankers, shoppers and ride-hailers SINGAPORE -- Southeast Asians are outpacing the Chinese in embracing the mobile economy, with higher percentages of the population in several countries using smartphones to do their banking, to shop and hail rides. China may be home to giant e-tailers like Alibaba Group Holding, but Indonesia has the world's highest mobile e-commerce penetration rate, a new report reveals. Thailand leads the way in mobile banking penetration, while Singapore is ride-hailing central -- two fields in which China doesn't even crack the top five. The findings explain why investment money is steadily pouring into Southeast Asian startups. That money is fueling a digital revolution that has already made the region one of the world's most powerful growth drivers, while China grapples…
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Malaysia – ASEAN Entrepreneurs Day 2019

Malaysia – ASEAN Entrepreneurs Day 2019

Community Initiative, Kalimantan, Our Community, Sabah, Sarawak
Entrepreneurs From 10 ASEAN Countries Will Be In KUALA LUMPUR! It's all happening at the SMECorp Mahkota Hall, Level 5B, Platinum Sentral ! Come and join us for the chance to interact and collaborate with entrepreneurs from Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam ! Hear their thoughts at the Forum or explore opportunities in the exhibition area ! Malaysia - ASEAN Entrepreneurs Day 2019 is a full day Forum which include Special Dialogues with the Malaysian PRIME MINISTER, YAB Tun Dr. Mahathir Mohamad and the Minister of Entrepreneurship, YB Datuk Seri Redzuan Yusof ! Malaysia - ASEAN Entrepreneurs Day 2019 Entrepreneurs From 10 ASEAN Countries Will Be In KUALA LUMPUR! It's all happening at the SMECorp Mahkota Hall, Level 5B, Platinum Sentral ! Come and…
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Oil and gas sector remains in Malaysia’s focus

Oil and gas sector remains in Malaysia’s focus

Entrepreneurs, Renewable Energy, Sabah, Sarawak
KUALA LUMPUR, Feb 11 — The oil and gas (O&G) industry, Malaysia’s second highest export earner after electrical and electronics, will continue to be a focus area for the government this year amid the volatility in oil prices. International Trade and Industry Deputy Minister Ong Kian Ming said while tackling weakening crude oil prices, Malaysia was also giving attention to downstream products. “We are giving attention to downstream products and do expect (investment) activities due to the Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang. “This is big investment,” he said, adding that the investments at Pengerang were by other companies. “When the time comes, we will make the announcements,” he told reporters after a networking session with agencies under the Ministry of International Trade and Industry (Miti) here…
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