China to account for one-third of global economic growth

MOSCOW: China is projected to give a significant boost to the world economy, accounting for about a third of global growth in 2023, Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said on Sunday. “The robust rebound means China is set to account for around one third of global growth in 2023, giving […]

Opening casino can attract investors, spur state’s economic growth

KUCHING: Should the establishment of a casino in the Borneo Highlands become a reality, it could be one of the areas that help spur the state’s economic growth. In stating this, Tarat assemblyman Datuk Roland Sagah Wee Inn said he, therefore, agreed with the idea of a casino being opened in Sarawak. “This (having the […]

Promoting Sarawak’s culinary products via food fest

BINTULU: The organising of the Food Festival is seen as the best platform to promote Sarawak’s culinary products, especially for the local community, which at the same time contributes to economic growth directly for the local traders and hawkers. Bintulu Member of Parliament Datuk Seri Tiong King Sing said now was the time for the […]

The rise of BNPL economics

Investment is indeed a crucial driver of economic growth, as it generates employment opportunities and raises the standard of living. It is the role of the government to create a favourable business environment that attracts investments, both from domestic and foreign investors. Indeed, Malaysia’s share of foreign direct investments in the ASEAN region has decreased […]

No more dilly-dallying, please

“The power of education extends beyond the development of skills we need for economic success. It can contribute to nation-building and reconciliation.” — Nelson Mandela.    AN announcement by the Ministry of Education (MOE) that it will improve all aspects of education in Sarawak is certainly music to the ears. It is even more gratifying […]

Anwar: Budget 2023 to consider economic challenges

PUTRAJAYA: Budget 2023, set to be re-tabled on Feb 24, will take into account the current economic challenges, while at the same time driving the country’s growth and attracting investments, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also the Minister of Finance, said the government is also taking into account the country’s […]

245 projects worth RM43.8m  by UNIFOR

MIRI: For the period of five years, since 2017, the Unit for Other Religions (UNIFOR) had given out grants totalling RM34,111,000 for 234 projects for Miri division. According to Premier of Sarawak Datuk Patinggi Tan Sri Abang Johari Tun Openg, another RM9, 720,000 was meant for 11 ‘Projek Rakyat’ which had been dispensed.  Thus this […]

Musical extravaganza concert proof of M’sia-S’pore strong ties

KUALA LUMPUR: The Muzika Ekstravaganza concert to be held this Saturday (Feb 4) proves the strong ties between Malaysia and Singapore. Communications and Digital Minister Fahmi Fadzil said the programme would be the closing for the Sixth Meeting of the Joint Working Committee on Information and Communications for both countries with Malaysia as the host […]

Premier to announce state’s revenue next week; it has doubled since four years ago

SIBU: Sarawak continues to project an economic growth that is beyond expectations, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. Abang Johari, who is also the Minister of Finance and New Economy, noted that for the past few years, Sarawak’s revenue had been hitting double-digit growth. “It is very lucky that we got […]

Sarawak Skills inks pacts with strategic partners

KUCHING: As part of its ongoing initiatives to contribute to the transformation of Sarawak’s six key economic sectors (main engines of growth), the Sarawak Skills Group of Learning Institutions (Sarawak Skills) recently formalised its collaborations with various strategic partners through an exchange of Memoranda of Understanding (MoUs). Held on December 14, 2022 at the Sarawak […]