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Please focus on our economic woes | Daily Express Online - Sabah's Leading News Portal - Vimarsana News

Please focus on our economic woes | Daily Express Online - Sabah's Leading News Portal

Published on: Sunday, March 07, 2021 By: Datuk John Lo Text Size: WHO would believe that Petronas would make a loss of RM21b in 2020? In its hey days, its profit was hovering around RM140b and had financed up to 40pc of Malaysia’s annual budget.  Oil countries, like Brunei, Saudi Arabia, which did not manage their windfall from oil prudently, have suffered huge deficits in the last several years. They are now in desperate mode to salvage their erstwhile financial pride. Malaysia is the same and with this Petronas loss, is now in this similar situation.  The consequence for Sabah will be 

Future is in industrial timber plantations | Daily Express Online - Sabah's Leading News Portal - Vimarsana News

Future is in industrial timber plantations | Daily Express Online - Sabah's Leading News Portal

Published on: Sunday, March 07, 2021 By: Leonard Alaza Text Size: Sabah has witnessed how excessive logging over the past several decades had heavily degraded its natural forest. IN

'Cut all red tape' order | Daily Express Online - Sabah's Leading News Portal - Vimarsana News

'Cut all red tape' order | Daily Express Online - Sabah's Leading News Portal

Published on: Saturday, March 06, 2021 By: Borneo Post Hajiji with ISB members. On his right is Datuk John Lo. Kota Kinabalu: The State Government wants all hurdles hampering investments to be removed to facilitate investments into Sabah, said Chief Minister Datuk Seri Hajiji Mohd Noor.  “Red tape faced by well-meaning investors will only hurt our efforts to draw investors to Sabah, hence we must remove them,” he said, when chairing the first board meeting of Invest Sabah Bhd (ISB), Friday. Invest Sabah Bhd was established December 2020 under the purview of the Industrial Development Min...

Shameful if even K'tan can beat us | Daily Express Online - Sabah's Leading News Portal - Vimarsana News

Shameful if even K'tan can beat us | Daily Express Online - Sabah's Leading News Portal

Https://www.nst.com.my/news/nation/2020/09/625711/sabah-ranks-malaysias-poorest-state-again A friend has just brought the above news item to my attention which should be saddening to those who are concerned with Sabah’s economy. I have no “heart” to delve into the details of this article. Just the headline “SABAH RANKS AS MALAYSIA’S POOREST STATE, AGAIN” is heart breaking.  I cannot believe that the PAS politicians in Kelantan can do better for Kelantanese than our Sabahan politicians have done for Sabahans. The fact of the matter is that the statistics...

Is matured politics possible in Sabah? | Daily Express Online - Sabah's Leading News Portal - Vimarsana News

Is matured politics possible in Sabah? | Daily Express Online - Sabah's Leading News Portal

Published on: Sunday, February 21, 2021 By: Datuk John Lo Text Size: AFTER advocating several times for a Sabahans First Policy, it is comforting to observe several encouraging developments which I hope will become milestones to the realisation of this policy. One on its own, it may be considered insignificant. Consider them as beginning of a healthy political trend, these incidences may herald a NEW SABAH. All of them, if genuine political is given a chance to prevail, can cultivate the much sought-after political unity which Sabahans have yearned for decades. Different political platforms ...