Second Trunk Road boosts economic development
KUCHING: The Second Trunk Road (STR) project will contribute towards the state’s development process as well as providing economic returns. In stressing this, Deputy Premier Datuk Amar Douglas Uggah Embas said the project, when completed will shorten travelling time between Kuching and Sibu to about three hours. “This will open up Sarawak’s vast interiors, providing […]
Towards community-centric economic development
KUCHING: Anticipation is high for the upcoming State Budget 2024, aimed at strengthening community development amidst the Sarawak’s rapid growth phase. According to Dr. Alia Abdul Latif, lecturer from the Faculty of Economics and Business at Universiti Malaysia Sarawak (UNIMAS), the budget should emphasise community engagement and broader societal participation in unveiling new economic sectors. […]
MoU to speed up Sarawak’s digital economic development agenda
KUCHING: Sarawak’s digital initiatives will pick up momentum following the signing of memorandum of understanding (MoU) between the Sarawak Multimedia Authority (SMA) and IDEMIA Malaysia. SMA chief executive officer Dr. Anderson Tiong Ing Heng said the MoU is a follow-up of the Asia-Pacific Cybersecurity Conference held in May. “Following this MoU, SMA is more interested […]
Malaysia will roar again as Asian Tiger
KUALA LUMPUR: Even though the global economic and regional geopolitics are still shrouded by uncertainty, Malaysia is seen to be able to strengthen its position as the ‘Star of the East’ that shines brightly with rapid and extraordinary development. Since the formation of Malaysia in 1963, various developments, especially in economic, social, political, cultural, science, […]
Keeping all things carbon simple
“Undertake something that is difficult; it will do you good. Unless you try to do something beyond what you have already mastered, you will never grow,” – independent scholar, Ronald E Osborn. DID you know that you are made of carbon? That was the first thing Dr Waseem Razzaq Khan asked me before we began […]
Collab with China brings trade and economic benefits to Sarawak
KUCHING: The collaboration between China and Sarawak has resulted in significant benefits, particularly in terms of economic development, trade, and human capital development for the state. Chinese Ambassador to Malaysia Ouyang Yujing said that companies in the People’s Republic of China continue to increase their investments in Sarawak. For instance, he said, LONGi has established […]
Meaningful salary, wealth sharing to build equitable, prosperous society, says PM
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim said the government will focus on improving the quality of life for all Malaysians through the MADANI Economy: Empowering the People initiative launched today. He said this includes the need for social protection for all, jobs with meaningful salaries and wealth sharing to build a more equitable […]
Sarawak emerges as country’s major economic force
SIBU: In 2022, Sarawak demonstrated its economic prowess as it solidified its position as the third-largest contributor to Malaysia’s Gross Domestic Product (GDP), marking a momentous achievement for the state on its 60th independence anniversary. Batang Sadong MP Rodiyah Sapiee highlighted that the state’s remarkable 9.5 per cent share of the nation’s economic output was […]
Sarawak prioritises rural for growth
KUCHING: Sarawak’s development fund is primarily aimed at improving rural areas to boost overall economic development, according to the Sarawak United People’s Party (SUPP) Women chief Kho Teck Wan. She responded to accusations made by Sarawak Democratic Action Party (DAP) chairman Chong Chieng Jen, who claimed that Batu Kawa was not getting a fair share […]
Pharmacies in Zimbabwe in hot soup over currency manipulation
HARERE: Seventeen pharmacies across Zimbabwe have been found to be using black market exchange rates, and face possible revocation of trading licences, the Finance and Economic Development Ministry said. It said its Financial Intelligence Unit had found the pharmacies in several towns and cities using parallel exchange rates ranging from Z$8,500 to the greenback, to […]
