SANDAKAN, May 5 (Bernama) -- The Sabah government will study a proposal to revive barter trade between the state and the southern Philippines, Chief Minister Datuk Seri Hajiji Noor said.
He said although the government had received many suggestions on the matter, a detailed study must be conducted before any implementation as multiple aspects need to be considered.
“Among the factors to be examined are security concerns and the benefits of such activities to traders as well as Sabah’s economy.
“We will discuss this later in meetings with the National Security Council and the State Development Action Council,” he told reporters after inspecting security in tourism areas involving three islands, namely Bakungan Kecil, Selingan and Lankayan here today.
Sungai Manila state assemblyman Datuk Hazem Mubarak Musa had recently proposed that the government review the implementation of barter trade as a measure to revitalise Sandakan’s economy, which is seen as increasingly sluggish.
He said the approach has the potential to attract investors and revive the local economy and at the same time, generating spillover benefits for the state.
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
