Focus on making Sabah a regional hub within the BIMP-EAGA region, says council chief. FMTNews Sabah Economy
KOTA KINABALU: A business council here has proposed several measures to boost the domestic and regional economies in recovering from the Covid-19 pandemic.
He said the council had suggested that active trade be prioritised in the Asean/BIMP-EAGA regions, with Sabah as a hub network. He also called for more bilateral trade arrangements between Sabah and countries in the EAGA or Asean regions. This means ports cannot be operating limited hours, as ships incur more losses, while offices cannot be operating on half-day basis as employers will impose salary reductions, among other examples, he said.
On tourism, Moosom called for budget grants and income tax reliefs for a period of two to three years.
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