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Business News

April 30, 2026 Business

1,729 jobs created at Lahad Datu POIC: Ewon

Kota Kinabalu: The Palm Oil Industrial Cluster (POIC) in Lahad Datu has created 1,729 job opportunities to date, with 85 per cent of them filled by locals, including youth from the area, said Deputy Chief Minister III Datuk Ewon Benedick.

April 30, 2026 Business

Sabah Ports Authority pays State RM1 million dividend

Kota Kinabalu: Sabah Ports Authority (SPA) paid a dividend of RM1 million for the financial year ended 2024 and RM3.2 million in land charges for 2025 to the State Government.

April 30, 2026 Business

Safoda reaped RM70 million past 5 years

Kota Kinabalu: The Sabah Forestry Development Authority (Safoda) has recorded improved revenue performance in recent years, generating nearly RM70 million between 2021 and 2025.

April 30, 2026 Business

Timber industry warns of 'triple burden' export threat

KOTA KINABALU: Malaysia’s timber sector is urging urgent government action as it faces a “triple burden” of expanded SST, rising diesel costs, and foreign worker shortages.

April 28, 2026 Business

‘Timeless Elegance’ at Malaysia-China Chamber of Commerce’s Annual Ball

Kota Kinabalu: The Malaysia-China Chamber of Commerce (MCCC) Sabah successfully concluded its 2026 Annual Ball, “Timeless Elegance · A Night of Brilliance.” Founding President cum First President Datuk Lau Kok Sing expressed high praise for the event, describing it as not only a successful occasion, but also a significant milestone that “brings people together and reflects vision and stature.

April 28, 2026 Business

Sabah’s State Sales Tax to hit RM96.5 million

Kota Kinabalu: Sabah expects to collect about RM96.5 million in State Sales Tax (SST) from Petronas and its subsidiaries for March and April this year, the State Legislative Assembly was told.

April 28, 2026 Business

Gas Malaysia, Greenergy to explore Biomass Steam Projects in Malaysia as industries weigh lower-carbon options

SHAH ALAM: Gas Malaysia Berhad (“Gas Malaysia”), a member of MMC Group, and Wasco Greenergy Berhad (“Greenergy”) have signed a Memorandum of Understanding (“MoU”) to conduct a joint feasibility study on biomass-fired steam systems for industrial applications across Peninsular Malaysia.

April 27, 2026 Business

30 Kosalesa members obtain Roundtable on Sustainable Palm Oil

LAHAD DATU: The Koperasi Pekebun Kecil dan Sederhana Sawit Lestari Sabah Berhad (Kosalesa) marked a major milestone in its sustainability journey when 30 of its members obtained Roundtable on Sustainable Palm Oil (RSPO) Certification (Eligibility), enabling the cooperative to begin selling RSPO-certified palm oil credits at a premium.

April 27, 2026 Business

HS Sabah unveils Sinotruk Hohan C3H trucks

Kota Kinabalu: HS Sabah Sdn Bhd announced that the highly anticipated Sinotruk Hohan C3H Series is now available for purchase. .

April 27, 2026 Business

Malaysia-China Chamber of Commerce Sabah gala boosts China ties

Kota Kinabalu: The Malaysia-China Chamber of Commerce (MCCC) Sabah held its annual gala dinner, marking the first under its new president Datuk Dexter Lau, with a focus on strengthening ties with China to help reduce the impact of the global fuel crisis and rising costs.

April 26, 2026 Business

Need to review approach: Semporna Chamber

SEMPORNA: Businesses in the district which rely heavily on tourism and maritime activities are equally concerned over the impact of tensions in the Gulf that have driven up oil prices, leading to rising transportation costs, raw material prices and overall operating expenses. .

April 24, 2026 Business

Sabah Ports cargo handling increases to 532,391 TEUs

Kota Kinabalu: Sabah Ports Authority (LPPS) recorded encouraging operational performance throughout 2025, including a significant increase in cargo handling volume, said Chief Minister III cum Entrepreneur Development, Cooperatives and Transportation Minister Datuk Ewon Benedick.

April 24, 2026 Business

Government focuses industrial parks amid infra push

Kota Kinabalu: State Government remains committed to strengthening the industrial and entrepreneurial sectors as key drivers of Sabah’s economic growth.

April 23, 2026 Business

Plastic packaging prices to rise 60pc

Kota Kinabalu: The Malaysian Plastics Manufacturers Association (MPMA) Sabah branch raised concerns that a prolonged Middle East conflict could severely disrupt the production of plastic food and beverage containers in the state.

April 23, 2026 Business

Malaysia participates in 56th WTCA biz forum

Kuala Lumpur: The 56th WTCA Global Business Forum in Philadelphia, from April 19 to 22, has seen Malaysia take part through representation by Dato’ Sri Dr Irmohizam Abdul Rahman.

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