Everyone can give their opinion base on their general view or maybe, perception. But the problem when giving opinion in a broad sense is, there are usually no facts or figure to back the opinion.
On the other hand, the articles below is full of facts & figure. The articles shows that Sabah trade continue to grow based on the comparison made between 2010 & 2011 figure.
Which want you want to believe? An empty opinion or facts & figure?
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Sabah trade jumps to RM82.4b
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| Datuk Raymond Tan Shu Kiah |
KOTA KINABALU: Sabah's external trade saw a 15 per cent growth to RM82.4 billion in 2011 from RM71.5 billion recorded the previous year, following increases in both exports and imports.
"In 2011, total exports increased to RM49.6 billion from RM43.6 billion previously, while imports rose to RM32.8 billion from RM27.9 billion in 2010," State Industrial Deve-lopment Minister Datuk Raymond Tan Shu Kiah said when officia-ting a Small and Medium Enter-prises (SMEs) seminar here, yesterday.
Tan's speech was read out by his representative, Industrial Development and Research Department director Patrick Tan.
He said despite this, exporting has been made more challenging due to the weak demand in the US and the economic problems in Europe, coupled with intense competition from newly developing countries.
"In 2011, total exports increased to RM49.6 billion from RM43.6 billion previously, while imports rose to RM32.8 billion from RM27.9 billion in 2010," State Industrial Deve-lopment Minister Datuk Raymond Tan Shu Kiah said when officia-ting a Small and Medium Enter-prises (SMEs) seminar here, yesterday.
Tan's speech was read out by his representative, Industrial Development and Research Department director Patrick Tan.
He said despite this, exporting has been made more challenging due to the weak demand in the US and the economic problems in Europe, coupled with intense competition from newly developing countries.
In view of that, Tan said, SMEs which are the backbone of the coun-try's economy, must be prepared for challenges ahead as Malaysia begins its transforma-tion towards a high-income economy.
"It is important for our SMEs to review their strategies, upgrade the skills of their workers, adopt new technology to produce higher quality products in less time and start exploring further into untapped or emerging markets," he added.
He said SMEs from Sabah who did well after being "adopted" by the Malaysia External Trade Development Corporation (Matrade) under one of its programmes, was because of their willingness to progress themselves.
"They proved to the government that they have the capabilities and abilities to improve and more importantly, their willingness to strive to a higher level.
"Success is not just waiting for government help alone," he reminded.
Meanwhile, Federation of Sabah Manufacturers (FSM) president Datuk Seri Wong Khen Thau reiterated FSM's idea that Sabah be transformed into a hub for the Far East as it commands the ideal geographical location for trade in this region.
He said the state government has been receptive to this proposal, which could help propel Sabah to be a business hub.
He said SMEs from Sabah who did well after being "adopted" by the Malaysia External Trade Development Corporation (Matrade) under one of its programmes, was because of their willingness to progress themselves.
"They proved to the government that they have the capabilities and abilities to improve and more importantly, their willingness to strive to a higher level.
"Success is not just waiting for government help alone," he reminded.
Meanwhile, Federation of Sabah Manufacturers (FSM) president Datuk Seri Wong Khen Thau reiterated FSM's idea that Sabah be transformed into a hub for the Far East as it commands the ideal geographical location for trade in this region.
He said the state government has been receptive to this proposal, which could help propel Sabah to be a business hub.
Is good news for Sabah.. Proceed its efforts to make sure economy of Sabah will grow time to time.
ReplyDeleteCM's speech: “We will also provide support services for Public-Private Partnership programmes, develop SMEs, agro-entrepreneurs and start-ups through business-links to provide business support services, and incubator programmes to support start-ups, facilitate foreign investors to partner or enter into joint ventures with GLCs and SDC implementing agencies as well as monitor, review and co-ordinate the implementation of projects under the SDC and the Greater Kota Kinabalu Economic Transformation Programme,”
ReplyDeletecongratulation to our state government for doing well to develop our state economy.. hopefully this year we will be able to see more positive development in term of economy..
ReplyDeleteFacts and figures are more convincing and reliable. And yes, Sabah trade shows improvement and will continue grow.
ReplyDelete