Author: Alverdtekoster Anyap

Investors may shift funds from equities to fixed-income investments

KUCHING: The interest rate hike by Bank Negara Malaysia (BNM) can have both positive and negative effects on businesses, opines an economist. Dr  Moslem  Anoar explained that the increased Overnight Policy Rate (OPR) would have ultimate impact towards specific industry, company size, and reliance on borrowed funds. “Additionally, the effectiveness

Lorry driver injured in chain collision

BINTULU: A lorry driver was injured after in a three-vehicle collision near a petrol station in Tanjung Datu here last night (May 4). The Fire and Rescue Department received a call at 9.04 pm regarding the chain collision and it wasted no time despatching a team from the Bintulu fire

Monument to be gazetted a historical heritage

LUNDU: The Kampung Jangkar Memorial Monument will be gazetted as a historical heritage site, said Minister of Tourism, Creative Industries and Performing Arts Datuk Seri Abdul Karim Rahman Hamzah. He said the area was the site of a bloody event on March 26, 1972 where15 soldiers of the Malaysian Armed

Sarawak to re-introduce bravery award

LUNDU: The Sarawak government plans to re-introduce the award for bravery given to members of uniformed bodies who have fought to protect the sovereignty and wellbeing of the state. Minister for Tourism, Creative Industries and Performing Arts Datuk Seri Abdul Karim Rahman Hamzah said the awards include the Pingat Perwira

Most agree sixty is right retirement age

KUCHING: Sixty is the eligible age to retire from the workforce and it should remain that way to make way for new workforce for the country. Senior citizens associations, workers’ unions and the Malaysian Employers Federation are at odds over increasing the official retirement age of 60 years old. Some

Parents prefer school but with fewer activities

KUCHING: Most parents prefer school sessions to proceed as planned but with minimal outdoor activities to keep children away from the scorching heat. They made their opinions known after Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi had said the Cabinet would discuss whether there is a need to extend

Self-taught artist has come a long way

Narong Daun, 53, is a very talented Bidayuh artist whose silk fabric artworks have taken her from Kampung Garung in the Padawan highlands to the world. With more than 20 years in the art industry, she has sold hundreds of colourful paintings which focus mainly on Sarawak’s flora and fauna.

Sarawak must maintain forest cover to combat global warming

KUCHING: The hot and extreme weather conditions are not only experienced in Kuching but also around the world. According to the Deputy Minister of Urban Planning for the Land and Environment Administration, Datuk Len Talif Salleh, it is a manifestation of global warming, and therefore, all parties need to play

Deputy Minister: Kuala Rajang’s coastal area suitable for algae breeding

KUCHING: Kuala Rajang has great potential for algae breeding to produce biofuels and other renewable energies. Deputy Minister of Urban Planning, Land Administration and Environment Datuk Len Talif Salleh said the area is suitable for algae breeding due to the hot weather and the position of the sunlight. In addition,