Khamis, 30 Jun 2011

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Musa calls for foreign investments in Sabah

Posted: 30 Jun 2011 11:42 PM PDT

KOTA KINABALU: Sabah wants more foreign Islamic banks, especially from the Middle East, to invest in the state, said Chief Minister, Datuk Seri Musa Aman.

He said as the state continued to grow and prosper, it would offer vast investment opportunities.

"Islamic banks from the Middle East would bring significant experience from the Gulf region and share this with local financial institutions," he said at the opening of Kuwait Finance House (M) Bhd''s (KFH Malaysia) branch here today.


Also present was KFH Malaysia chief executive officer, Jamelah Jamaluddin.

Musa said Sabah has undergone major developments in recent years and put in place business-friendly policies as well as various attractive incentives to ensure competitive and conducive environment for both local and foreign investors.

He said the state government appreciated KFH Malaysia's efforts in bringing Islamic banking to the state and hoped that the setting up of its branch here would herald the start of a long and fruitful relationship with the people of Middle East.


"It is hoped that this will encourage more people to go for syariah-based banking products and services.

"Sabahans would benefit as there would be more opportunities and choices in Islamic banking products and services," he said.

Musa said the diversity of products and services would help enrich the state's financial markets and position Kota Kinabalu as a vibrant and growing city, apart from encouraging new opportunities in other towns, especially Sandakan and Tawau. -- BERNAMA

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Malaysia Airlines takes off for new worlds

Posted: 30 Jun 2011 10:40 PM PDT

KUALA LUMPUR: Malaysia Airlines, through its travel and tour arm, MASholidays, has partnered Swiss-based digital media and technology company, E-Dynamics SA, to take the carrier into the infinite realms of 3D Virtual Social Game Worlds (VSGW).

The VSGW will use the latter's proprietary technology. It allows users toconnect and socialise with each other and will be launched in November this year.

"We will be engaging a new generation of travelers who are living online via the social media and virtual world. So, this game changing strategy will allow us to continue fulfilling the needs of our costumers in new territories, even if that means in virtual ones," said Malaysia Airline's executive vice president of commercial strategy, Dr Amir Khan in a statement today.


He also said that the 3D VSGW being created for MASholidays, will be both fascinating and rewarding to explore, offering a truly Malaysian journey, which highlights the best, the country has to offer travelers.

E-Dynamics, whose MojiKan browser-based virtual world portal has a hugely popular following in the region, will create an interactive online platform for the airline that introduces Malaysia in an exciting and innovative manner. Meanwhile, E-Dynamics chairman and co-founder Jean-Claude Petter said MASholidays has taken the bold step to go where no airline has gone before.

"This visionary strategy to harness the power of social media as an early adopter will allow it to redefine the parameters of social media as well as how consumers make their travel decisions," he added.-- BERNAMA

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