Sabah accelerates digital economy in rural areas

KOTA KINABALU – Chief Minister Datuk seri Hajiji noor says that Sabah is focusing on expanding its digital base in rural areas to boost the economic and financial transformation.

He said that the digital economy of the government targets cashless transactions and initiatives to accelerate the implementation and adoption of digital technology, and drive economic and financial transformation.

He said that the state-owned Sabah Loan Corporation, PPS, has taken steps to redraft its policy on existing loans to create products suitable for different groups and to build on the expansion of the digital base.

He said, “I’m very satisfied with PPS for the steps they have taken to develop products that are suitable for different groups and provide more mobile service centers and customer service centres.” The PPS “Cashless Tuaran Program” and its centre was opened Wednesday (12 June) about 40km away.

Hajiji said, “I hope the new customer service centres and financial services of PPS will benefit the residents in the Tuaran District and surrounding districts, as well as those who live there.”

He said that the initiatives were in line with Sabah Maju Jaya’s direction in creating financial ease, efficiency, and effective services for the people.

He said that cashless transactions have many advantages, including easier, faster, and safer payment methods.

This initiative not only simplifies daily transactions, but also addresses the problem of ATM machines being unavailable in rural areas.

Hajiji said that the programme would also help traders improve their financial management, create new business opportunities and improve inventory management.

He said that both the federal and state governments are intensifying their efforts to complete the 398 telecommunications towers in Sabah immediately through the National Digital Interconnection Plan.

He added that the state-owned Sabah Net also works with Bank Negara and other banks to bridge the digital divide with rural communities.

He hopes that the “Cashless Tuaran Programme” between PPS Bank and United Overseas Bank will help Tuaran District become a cashless district by educating the general public on the use of QR codes and online payments.

Hajiji stated that PPS has consistently performed well, and the company will pay RM10mil in dividends to the state this year from its profits for 2023.

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