Change business events from having tourism impact to securing capital

KUCHING: Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg has called for a shift in the way business events are being hosted in Sarawak. He said the traditional narrative is that business events create tourism impact; therefore, through them, international delegates will come and spend their money in Sarawak. “Therefore, we must change our old narrative […]

Capital flight on hold

Jakarta shifts budget to fight pandemic JAKARTA: Indonesia’s investment on a mega project to relocate its capital city has been put on hold. The country is shifting focus to spend on containing the coronavirus outbreak, but may resume next year, Finance Minister Sri Mulyani Indrawati said Thursday. President Joko Widodo’s  $33 billion (MR144 billion) project […]