KOTA KINABALU (April 24): Sabah Chief Minister Datuk Seri Mohd Shafie Apdal’s working visit to China resulted in the signing of 12 Memoranda of Understanding (MoUs) worth close to RM20 billion, involving local companies and Chinese investors in the industrial sector.

Speaking to reporters upon his return from China today, Mohd Shafie said the State Government, via the Industrial Development Ministry, would be fine-tuning the MoUs to ensure that the agreements come to fruition.

The MoUs include a joint-venture agreement between Jesselton Birost (Sabah) Sdn Bhd and Zhejiang Zhou Shan Run Energy Co Ltd to construct and manage the integrated refinery and oil storage terminal in the Sipitang Oil and Gas Industrial Park, which is expected to cost around RM16.5 billion.

Mohd Shafie said the five-day working trip to the Jiangxi province and Shenzhen provided an opportunity to explore the developments in the two industrial areas as well as to establish cooperation to attract Chinese investors to Sabah.

“This will not only strengthen the State’s finances through inflow of investments but also create jobs for the people,” he said.

The Chief Minister was accompanied by his wife Datin Seri Shuryani Shuaib, Deputy Chief Minister Datuk Wilfred Madius Tangau who is also Sabah Trade and Industry Minister, as well as 32 businessmen representing various industries in Sabah.

During his visit, Mohd Shafie paid a courtesy call on the Governor of Jiangxi, Yi Lianhong, and visited the Jiangxi Copper Corporation’s headquarters.

He had also visited the Xinyi Glass Holdings Ltd’s factory, where the company had agreed to invest in a glass manufacturing factory in Sabah.   

Mohd Shafie also delivered a keynote address on trade and investment opportunities in Sabah, jointly organised by the Sabah Trade and Industry Ministry and the Shenzhen Trade Bureau.

He said many Chinese investors, especially those from Jiangxi and Shenzhen, were interested to invest in Sabah due to its strategic location.

Mohd Shafie had also visited Huawei’s headquarters and factory in Shenzhen, together with University Malaysia Sabah’s chairman of the board of directors Datuk K Y Mustafa and deputy chancellor Professor Datuk Dr. D Kamarudin D Mudin.

During the visit, UMS took the opportunity to establish cooperative ties for the placement of students and lecturers at Huawei’s factory.

Source: The Edge Markets

KOTA KINABALU: Although Sabah is rich in natural resources, 50 percent of the country’s poorest people are found in the state.

Institute of Development Studies (IDS) chairman Tan Sri Simon Sipaun finds this ironic and states that there were no reason why the people of Sabah should be poor since that state is endowed with natural resources such as oil, gas, timber and fertile soil.

Continue reading “50% of country’s poor are from Sabah – IDS chairman” →

Sabah Kita terhutang budi kepada Datuk John Lo kerana telah menekankan isu pengambilalihan SFI di dalam arus perdana media. Dalam ruang Inside Out terkini beliau, Datuk John Lo dengan berani membincangkan kontroversi yang berputar di sekitar pengambilalihan Sabah Forest Industries (SFI). Izinkan kami memberi respons dalam beberapa konteks.

Datuk Lo telah menyebut tentang Grant Thornton Malaysia, penerima/pengurus yang dilantik untuk SFI, yang terikat dengan satu set etika profesional untuk mendapatkan tawaran terbaik untuk para pemegang saham utama SFI yang kini dimiliki Ballarpur (98 peratus) dan kerajaan Sabah (2 peratus).

Continue reading “Respons Sabah Kita terhadap artikel Datuk John dalam Daily Express mengenai pengambilalihan SFI” →

Sabah Kita is indebted to Datuk John Lo for bringing the issue of SFI’s takeover into the mainstream media. In his latest Inside Out column, Datuk John Lo bravely took on the controversy swirling around the takeover of Sabah Forest Industries (SFI). Allow us to kindly respond with some context.

Datuk Lo mentioned Grant Thornton Malaysia, the appointed receiver/manager for SFI, was bound by a set of professional ethics to get the best possible deal for SFI’s principal shareholders which are currently Ballarpur (98 percent) and the Sabah government (2 percent).

Continue reading “Sabah Kita’s response to Datuk John Lo’s article in Daily Express on SFI takeover” →

Inilah masalah bumiputra sekarang di tanahair. Senang sangat nak percaya gossip dan fitnah yang di lemparkan di laman social. Lebih lebih lagi kalau melibatkan celebrity atau perniagaan anak Melayu yang sukses.

Yang penting dalam isu perilaku anak allahyarham TSSN adalah itu merupakan soal peribadi suami dan isteri. Masyarakat Malaysia tidak sekali-kali harus meyokong penganiyaan atau kekerasan dalam apacara pun terhadap wanita, sepertimana kita tidak seharusnya terus menelan apa apa yang dihidangkan oleh mereka yang mempunyai kepentingan tersirat.

Menuduh and melibatkan pengurus-pengurus professional teratas dalam isu peribadi generasi kedua NAZA, yang telahpun dikeluarkan dari pengurusan seharian, hanya akan memeberi impak yang negative terhadap pekerja-pekerja NAZA yang sudah serik dengan isu tersebut.

Kita jangan nak rosakkan reputasi and pendapatan pekerja dan pengurus NAZA semata-mata untuk ‘personal politics’. @SteadyAku47 – nih not steadlylah bruh… camna kalau Melayu lain panggil hang sampah DAP..jual space dalam blog hang untuk cari makan dengan memfitnahkan orang..hurts right?

Dosa jugak tuh Pak Hussien..just saying..

KOTA KINABALU: Sixteen delegates from University Malaysia Sabah (UMS) on March 27-30 made a field visit to the Segaliud Lokan Forest Reserve FMU 19B to kick start a research project under the memorandum of agreement  signed on 16th August 2018.

This marked yet another milestone for the forest industry in Sabah in the area of innovative collaboration between the two main players of the industry – University Malaysia Sabah and KTS Plantation Sdn Bhd respectively.

Continue reading “Another milestone for Sabah forest industry” →