
Malaysia-China Chamber of Commerce passes six resolutions
Published on: Tuesday, May 13, 2025
Published on: Tue, May 13, 2025
By: Wu Vui Tek Text Size: Sabah's ports, airports, and road logistics networks are underdeveloped, leading to higher transport costs and inefficient supply chains. - Pic for illustration only. Kota Kinabalu: Six resolutions has been passed including calling for the government to enhance infrastructure and logistic development in Sabah at the Malaysia-China Chamber of Commerce (MCCC) Sabah Chapter 5th General Assembly at the Sabah International Convention Centre. The six resolutions are as follows: 1. Call for the government to simplify import and export approval processes to facilitate Sabah's international trade and investment. Rationale: The current import-export approval procedures in Sabah are complicated, resulting in increased trade costs and reduced international competitiveness. Compared to other regions, Sabah's customs clearance efficiency is lower, affecting business operations and the attraction of foreign investments. Establishing a 'single window' platform and improving the electronic customs declaration system will enhance approval efficiency, reduce administrative burdens, and drive trade growth. 2. Call for the government and authorities to strengthen infrastructure and logistics development in Sabah. Rationale: Sabah's ports, airports, and road logistics networks are underdeveloped, leading to higher transport costs and inefficient supply chains. Upgrading port and airport facilities and accelerating rural road development will help reduce logistics costs, enhance regional competitiveness, and attract more domestic and foreign investors. 3. Call for the government to address labour shortages and reform foreign labour policies. Rationale: The agriculture, manufacturing, and service sectors in Sabah have long suffered from labour shortages. The foreign worker application process is cumbersome and approval takes too long, affecting business operations. Simplifying the approval process, implementing transparent management systems, and strengthening local workforce training can effectively alleviate the labour shortage. 4. Call for the government to boost international marketing efforts to revive Sabah's tourism industry and promote international cooperation. Rationale: Sabah's tourism sector has yet to recover to pre-pandemic levels, with international tourist numbers remaining low. Increasing direct flights from major source countries such as China, South Korea, and Japan, providing government financial support for tourism operators, and enhancing overseas promotional efforts will help the tourism industry fully recover. 5. Call for the government to accelerate the development of renewable energy and the green economy. Rationale: Sabah remains heavily reliant on fossil fuels, and its renewable energy sector lags behind. This creates high costs for businesses shifting to green energy. Government-provided tax incentives, subsidies, financing support, and accelerated development of new energy infrastructure would encourage clean energy adoption and promote sustainable development in Sabah. 6. Proposal for the government to implement timely and effective measures to support the digital transformation of small and medium enterprises (SMEs). Rationale: SMEs in Sabah lack funding and technical support for digitalisation, making it hard for them to adapt to market changes. Establishing special funds, offering low-interest loans, and launching digital training programmes will enhance SME competitiveness and accelerate Sabah's digital economic development. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.
Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Malay Mail
29 minutes ago
- Malay Mail
Ringgit opens lower against US dollar as global economic outlook weighs on Asian currencies
KUALA LUMPUR, June 9 — The ringgit opened lower against the US dollar today as the greenback strengthened amid renewed volatility from a challenging global economy outlook for the second half of 2025. At 8.03am, the local note stood at 4.2375/2560 against the greenback, easing from Friday's close of 4.2270/2360. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to range between 4.23 and 4.24 today, following the stronger-than-expected United States (US) nonfarm payroll (NFP) data for May. He highlighted that the US NFP rose 139,000 in May, higher than the consensus estimate of 126,000, while the unemployment rate was sustained at 4.2 per cent for three consecutive months, pushing the US dollar index (DXY) higher on Friday to 99.190 points. 'The latest NFP print seems to suggest that the labour market in the US is still fairly resilient despite having to contend with higher tariffs,' he told Bernama. Nonetheless, Mohd Afzanizam said, April's NFP was revised lower to 147,000 from 177,000, and the US labour force participation rate declined to 62.4 per cent in May from 62.6 per cent in April. 'On that note, while the labour market is still chugging along, signs of further moderation in the data series have been gradually emerging. 'As business and consumer sentiments remain weak, the outlook for the second half of 2025 economy looks increasingly challenging. Hence, the case for a lower US Federal Fund Rate is gaining momentum in our view,' he added. He noted that the ringgit has gained against the greenback, with USDMYR closing at 4.2315, giving a week-on-week appreciation of 0.6 per cent last week. At the early session, the ringgit traded mostly lower against a basket of major currencies. It slightly increased against the Japanese yen to 2.9305/9435 from Friday's 2.9324/9390, but depreciated versus the British pound to 5.7367/7618 from 5.7212/7334 and eased vis-a-vis the euro to 4.8341/8552 from 4.8268/8371. The local currency also traded mostly lower against most of its Asean peers. It rose versus the Thai baht to 12.9468/13.0121 from 12.9599/9947 at Friday's close, while the ringgit decreased against the Singapore dollar to 3.2892/3041 from 3.2862/2934, dropped against the Philippine peso to 7.60/7.64 from 7.58/7.60 and fell against the Indonesian rupiah to 260.1/261.4 from 259.5/260.2. — Bernama

Malay Mail
an hour ago
- Malay Mail
No legal action for traders as LPG cylinder rules await October amendment to 2021 Control of Supplies Regulations, says Armizan
KUALA LUMPUR, June 9 — Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali has clarified that the the use of subsidised liquefied petroleum gas (LPG) cylinders involves the Control of Supplies Regulations (Amendment) 2021 and not the Control of Supplies (Amendment) Act 2022 (Act A1652). He pointed out that he was referring to the 2021 amendment, which was enacted and gazetted in 2021 and came into effect on Oct 15, 2021 during a press conference on Thursday, and expressed hope that there would be no public confusion over the issue. 'In the press conference on June 5, I clearly mentioned the Control of Supplies Regulations (Amendment) 2021. In the same conference, a media statement was also distributed... I urge (all parties) not to confuse the public with references to laws that I did not mention,' he posted on Facebook today to refute claims by certain parties that all eateries would be required to use the commercial 14-kilogramme (kg) purple LPG cylinders, priced at RM70 each, instead of the green cylinders for domestic use priced at RM26. At Thursday's press conferences, Armizan announced that micro and small traders in the food and beverage sector were allowed to continue using subsidised LPG cylinders without needing a special permit until the new amendment to the 2021 amendment is finalised this October. No legal action will be taken against traders during the transition period, he added. — Bernama


Free Malaysia Today
an hour ago
- Free Malaysia Today
Econpile bags RM42.8mil piling contract for Penang LRT
Econpile Sdn Bhd will carry out bored piling and related construction works for the Penang LRT project. KUALA LUMPUR : Econpile Holdings Bhd's wholly-owned subsidiary Econpile Sdn Bhd has secured a RM42.82 million contract from Irama Duta Sdn Bhd to carry out bored piling and related construction works for the Penang LRT project. In a filing with Bursa, the company said the works are part of the Penang Mutiara Line's Package CMC1. 'The project is expected to contribute positively to the company's revenue and earnings from the financial year ending June 30, 2026, onwards,' it said. It added that the project is expected to commence on Aug 1, 2025 and be completed by Oct 31, 2027. 'There are no foreseeable significant risks other than operational risks associated with the project during the contract period. 'The management will put in place control measures and operational procedures to reduce the impact or likelihood of such events,' it added.