Economic Updates: Sabah

Sabah: Maintaining investor confidence given priority

Asia | 11 Apr 2013
Sabah: Maintaining investor confidence given priority

With programmes aimed at boosting education and rural development gaining pace, Sabah’s government will be hoping that its move to calm investors by setting up a regional security zone following an incursion in February proves effective.

Sabah: Rural roadblocks for transport

Asia | 12 Mar 2013
Sabah: Rural roadblocks for transport

Government officials have pledged that road improvements currently underway in Sabah will form part of a sweeping development plan that is expected to benefit every district in the state. The plan includes expansion projects and new roads that will improve connectivity through the region, which will provide the state’s districts with a number of economic opportunities. However, it faces scepticism from some districts where people fear the upgrades will not stretch deep enough into rural areas.

Sabah: Rising incomes bode well for financial services growth

Asia | 13 Feb 2013
Sabah: Rising incomes bode well for financial services growth

Buoyed by an improved economic outlook across Malaysia, Sabah’s emerging middle class is expected to spearhead the expansion of the state’s fledgling financial services sector. However, with penetration levels still low, educating Sabah’s population on topics such as investment and financial planning is likely to prove instrumental in supporting the industry going forward.

Sabah: Agriculture earmarked for expansion and innovation

Asia | 15 Jan 2013
Sabah: Agriculture earmarked for expansion and innovation

Efforts to broaden the role played by agriculture in Sabah’s economy are gathering strength as the state drives forward a raft of ambitious programmes ranging from encouraging agro-tourism to addressing food security concerns.

Sabah: Year in Review 2012

Asia | 19 Dec 2012
Sabah: Year in Review 2012

Solid investment figures and praise for the state’s financial management have been among the highlights in a year that has seen stable economic growth for Sabah. The focus will now shift to ensuring that budget programmes designed to build on those achievements are implemented properly.

Sabah: Continuing connectivity cutting costs

Asia | 22 Nov 2012
Sabah: Continuing connectivity cutting costs

Plans to upgrade Sabah's external and internal transport links are seeing progress as the state welcomes steadily increasing investment thanks to its development corridor initiative. Nevertheless, challenges remain in the shape of rival logistics destinations.

Sabah: Eyeing downstream potential

Asia | 5 Nov 2012
Sabah: Eyeing downstream potential

Efforts to harness Sabah’s abundance of natural resources for downstream industries look to be paying off, with figures showing that investment in the state’s manufacturing sector is rising.