Sabah council outlines plan to revive economy

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A woman hawker with her daughters at the Kota Kinabalu Central Market.KOTA KINABALU: A business council here has proposed several measures to boost the domestic and regional economies in recovering from the Covid-19 pandemic. Carl Moosom, head of the Sabah BEBC regional business council, said the “new normal economy for Sabah” should strengthen the state as a regional economic hub. Moosom’s council is part of the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asean Growth Area (BIMP-EAGA). 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. He said trade missions must be focused on regional inter-governmental organisations such as Asean, BIMP-EAGA, Indonesia-Malaysia-Thailand Growth Triangl…