logo
N.Sembilan Fast Lane To Boost Competitiveness, Industrial Development Processes

N.Sembilan Fast Lane To Boost Competitiveness, Industrial Development Processes

Barnama30-04-2025

GENERAL
SEREMBAN, April 30 (Bernama) -- The Negeri Sembilan government is committed to expediting the approval of manufacturing projects, including those in the semiconductor sector, which add value to the state's economy through the Negeri Sembilan Fast Lane initiative.
State Industrialisation and Non-Muslim Affairs Committee chairman Teo Kok Seong said the Negeri Sembilan Fast Lane is a streamlined development process that accelerates all stages—from plan pre-approval to construction completion and operational approval—within a shortened timeframe.
'It involves an integrated process covering plan approvals, the Certificate of Completion and Compliance (CCC), and operating licences. Early groundwork has already begun under the Seremban City Council (MBS).
'The criteria (for the fast approval) include the industry being in a planned area with resolved land matters, construction-ready sites, complete infrastructure, and approved reports for the Environmental Impact Assessment (EIA), Traffic Impact Assessment (TIA), and Road Safety Audit (RSA),' he said.
Teo (PH–Bahau) said this during the winding-up debate on the motion of thanks for the royal address at the Negeri Sembilan State Legislative Assembly sitting here today.
He said that the project categories include factories, workshops, warehouses, private facilities such as schools and hospitals, and petrol stations.
Meanwhile, regarding the innovative port project (Container AI Port) in Port Dickson, Menteri Besar Datuk Seri Aminuddin Harun said that approval to construct the jetty on the seabed was granted on March 19.
'In this regard, the approved area must be gazetted. At present, the certificate for exemption of survey fees has been approved by the State Land and Mines Office. The Port Dickson District Land Office is submitting a survey request to the Department of Survey and Mapping Malaysia (JUPEM) before the official approval letter is issued,' said the Sikamat assemblyman.
Meanwhile, Entrepreneurship, Human Resources, Climate Change, Cooperatives, and Consumer Affairs Committee chairman S. Veerapan said the state MADANI Rahmah Sales Programme has recorded sales exceeding RM35 million, benefiting more than 713,000 residents.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

PM Anwar: Madani govt committed to reforms, but needs time
PM Anwar: Madani govt committed to reforms, but needs time

Borneo Post

time3 hours ago

  • Borneo Post

PM Anwar: Madani govt committed to reforms, but needs time

Anwar said there are those who are impatient and want reforms fast, but they are 'blinded to the facts and reality.' – Bernama photo KUALA LUMPUR (June 10): Prime Minister Datuk Seri Anwar Ibrahim says the Madani unity government is deeply committed to tackling corruption and abuse of power but the reforms to combat these menaces will take time to materialise. 'There's no turning back. What I am certain is that every month and every year there must be some progression in addressing these issues,' he said. Anwar, who is also Finance Minister, said there are those who are impatient and want reforms fast, but they are 'blinded to the facts and reality.' He said there must be wisdom (hikmah) in the way the Madani government goes about undertaking such reforms. He cited how Pakatan Harapan does not even have a simple majority in Parliament, which is why as a coalition government, 'we have to work together.' 'And we are fortunate, because Umno and Barisan Nasional have now turned to be one of the core pillars committed to this reform and support,' he said in his keynote address at the launch of the Centre of Excellence for Research and Innovation in Islamic Economics (i-RISE) here today. 'But you can't take things for granted, because the process of negotiations, discussions and engagement is important,' he said. He said it is vital to work gradually and get the consensus between the key parties including those from Sabah and Sarawak. He also highlighted that proper governance is essential to ensure economic growth and progress whether a country practices Islamic or conventional banking or both banking systems like in Malaysia. He said that there should be sustainability and clarity in a country's macroeconomic policies and in governance which promotes development but avoids financial leakages and endemic corruption. 'Almost without exception, Muslim countries are not poor, but the poverty is because of the tendency to either condone and use power and privilege to squander wealth,' he said. He also lamented over gender poverty in Muslim countries, but said Malaysia is fortunate as the problem is relatively absent. He said that the Madani unity government remains committed to support studies and research and allow Islamic economics and Islamic instruments to be practiced, supported and expanded. To this end, he called on bankers, academicians, intellectuals, scholars, professionals and Islamic scholars 'not to ignore the importance of what proper and good governance entails' when undertaking reforms in related disciplines. 'Through good governance with clear policies and instruments, institutions must protect the system from excesses,' said Anwar. In this way, the country would grow and possess the capacity to attract foreign direct investments and penetrate new markets as a trading nation. He described the global halal industry as having massive potential of up to US$3 trillion (US$1 = RM4.23), but said this means nothing if 'you don't engage, penetrate and expand into new markets.' On an encouraging note, he said, Malaysia has emerged as a major centre of halal certification envied by other countries wanting to learn and share its expertise, which in the process would help develop linkages with halal ventures globally. – Bernama anwar ibrahim madani government reforms

Ringgit weakens as US-China trade talks continue in London
Ringgit weakens as US-China trade talks continue in London

The Sun

time3 hours ago

  • The Sun

Ringgit weakens as US-China trade talks continue in London

KUALA LUMPUR: The ringgit depreciated against the US dollar today as market attention remained fixed on the second day of United States-China trade discussions in London. At 6 pm, the local note fell to 4.2360/2420 versus the greenback, down from Monday's close of 4.2290/2345. UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said across broader markets, foreign exchange volatility is gradually subsiding, and in subdued trading conditions, investors appear to be allocating capital towards currencies offering elevated yields. Meanwhile, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that the ringgit continues to maintain its range-bound trade as uncertainties remain. 'The US Dollar Index (DXY) appears to be gaining some strength today, rising by 0.24 per cent to 99.174 points as fear over a slowing economy receded following the nonfarm payrolls (NFP) results last Friday and optimism over trade negotiations between the US and China,' he told Bernama. At the close, the ringgit traded mostly higher against a basket of major currencies. It rose against the Japanese yen to 2.9270/9314 from Monday's 2.9344/2.9384 and strengthened versus the British pound to 5.7152/7233 from 5.7392/7466, but fell vis-à-vis the euro to 4.8354/8422 from 4.8316/8379 yesterday. The local currency traded lower against its ASEAN peers. It fell versus the Singapore dollar to 3.2932/2981 from 3.2908/2953 at Monday's close and declined against the Thai baht to 12.9712/9955 from 12.9414/9642. The ringgit slid vis-à-vis the Philippine peso to 7.58/7.60 from 7.57/7.59 yesterday and eased against the Indonesian rupiah to 260.2/260.7 from 259.5/260.0 previously.

Ringgit weakens vs USD as trade talks continue
Ringgit weakens vs USD as trade talks continue

The Sun

time3 hours ago

  • The Sun

Ringgit weakens vs USD as trade talks continue

KUALA LUMPUR: The ringgit depreciated against the US dollar today as market attention remained fixed on the second day of United States-China trade discussions in London. At 6 pm, the local note fell to 4.2360/2420 versus the greenback, down from Monday's close of 4.2290/2345. UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said across broader markets, foreign exchange volatility is gradually subsiding, and in subdued trading conditions, investors appear to be allocating capital towards currencies offering elevated yields. Meanwhile, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that the ringgit continues to maintain its range-bound trade as uncertainties remain. 'The US Dollar Index (DXY) appears to be gaining some strength today, rising by 0.24 per cent to 99.174 points as fear over a slowing economy receded following the nonfarm payrolls (NFP) results last Friday and optimism over trade negotiations between the US and China,' he told Bernama. At the close, the ringgit traded mostly higher against a basket of major currencies. It rose against the Japanese yen to 2.9270/9314 from Monday's 2.9344/2.9384 and strengthened versus the British pound to 5.7152/7233 from 5.7392/7466, but fell vis-à-vis the euro to 4.8354/8422 from 4.8316/8379 yesterday. The local currency traded lower against its ASEAN peers. It fell versus the Singapore dollar to 3.2932/2981 from 3.2908/2953 at Monday's close and declined against the Thai baht to 12.9712/9955 from 12.9414/9642. The ringgit slid vis-à-vis the Philippine peso to 7.58/7.60 from 7.57/7.59 yesterday and eased against the Indonesian rupiah to 260.2/260.7 from 259.5/260.0 previously.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store