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What will make Kota Kinabalu tick | Daily Express Online - Sabah's Leading News Portal

The focus of KK Vibrant Group under the LOVE KK campaign is the emphasis on encouraging economic activities, as the city’s vibrant economy will create, open up, and lead to more business opportunities, job creation, regenerating services sector, developing human capital, promote digital economy, availing financial support and increase business, entertainment and cultural events in Kota Kinabalu ....

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'Cabotage spells wealth for all'


PETALING JAYA: Cabotage in the shipping industry is quite prevalent, with 91% of UN member states that collectively account for 80% of the world’s coastlines having some form of restriction against foreign-flagged vessels.
“For example, China practises a strong regime of cabotage, which means they do not allow Malaysian ships to trade in the Chinese coast.
“Indonesia, which for many years never had a cabotage policy, decided to impose the policy in 2014, which resulted in a staggering 140% increase in merchant fleets and tonnage between 2014 and 2019, ” said Tan Sri Halim Mohammad, chairman of the Malaysian External Trade and Development Corporation (Matrade).
Speaking at a webinar on the subject of shipping cabotage, organised by Tuaran MP Datuk Seri Wilfred Madius Tangau on Monday, Halim said Malaysia had a lot of catching up to do when it comes to grabbing a slice of the commercial shipping pie, despite being located next to the Malacca Strait. ....

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