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 […]
Women entrepreneurs contribute to economic growth
KUCHING: In the latest data by the Malaysia Statistical Business Register published by the Department of Statistics, women’s small and medium-sized enterprises (SME) contributed to the country’s economic growth, said Datuk Sharifah Hasidah Sayeed Aman Ghazali. Hasidah, who is also the Deputy Minister in the Premier’s Department (Law, MA63, and State-Federal Relations), stated that there […]
Putrajaya gets laundry list for economic growth
SIBU: The new unity government has been urged to observe free-market laws, loosen regulations, reduce intervention and allow companies to operate in a more favourable environment. The call comes from the Sibu Hardware and Machinery Association (SHMA) which said it was also important that the leadership implements more practical and fair pro-business policies to boost […]
Towards a high income, developed state by 2030
A clear understanding of the concept of a developed nation is important. A developed nation refers to a country with a high level of development based on particular criteria, such as per capita income, i.e. a country with a high gross domestic product (GDP). The industrial sector is essential for countries whose economies are dominated […]
Investing in human capital for economic growth
BY SARAH HAFIZAH CHANDRA & MARGARET RINGGIT MIRI: Sarawak is fortunate to have vast resources powering its transition into green economy. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg also said Miri was fortunate because of the resources that the city had. With the state’s own Petroleum Sarawak Berhad (Petros), he pointed out that […]
Deputy Premier hopes for bigger Sarawak allocation in Budget 2023
KUCHING: Deputy Premier Datuk Amar Awang Tengah Ali Hasan is hoping that the Federal government will raise Sarawak’s allocation in Budget 2023. This is so that the state may undertake a lot more infrastructure and development projects to hasten and promote economic growth. Sarawak needs additional financing to implement such projects, including the building of […]
Economic growth makes Malaysia different from Sri Lanka
SUNGAI ASAP (Belaga): Deputy Minister of Finance Datuk Indera Mohd Shahar Abdullah is confident Malaysia will not go bankrupt like Sri Lanka because the country’s economic growth is much stronger. In rejecting rumours circulating on Malaysian social media, he said that the country still has room to borrow. In fact, he added, the International Monetary […]
Rimbunan Sawit reports net profit of RM9.65 mln
KUCHING: Rimbunan Sawit Bhd has bounced back with group net profit of about RM9.65 million in second quarter to June 30, 2022 (Q22022) from loss of RM37,000 in Q22021 as a result of higher production volume and sale prices of fresh fruit bunches (FFB), crude palm oil (CPO) and palm kernel (PK). Group revenue surged […]
Investment potential more likely about RM100 billion
KUCHING: A projected investment injection of RM64 billion to achieve an economic growth rate of six to eight per cent a year is a conservative figure as far as the Premier is concerned. Datuk Patinggi Tan Sri Abang Johari Tun Openg reckons the state is in for a much higher investment value – about RM100 […]
Resolve economic dilemma to be high-income nation
KUCHING: Malaysia needs first to address issues of collusion, corruption, abuse of power, wastage and leaks in government agencies, as well as the bloated civil system, in order to become a high-income country, said Eric Tay Tze Kok. The Sarawak United People’s Party (SUPP) Youth chairman added that Malaysia must quicken the implementation of Industrial […]
