Investment, exploration of gas resources in S’wak welcomed – Premier

KUCHING: The Sarawak Government is committed to actively promote investment and exploration of the state’s gas reserves to bolster the economy. Expressing confidence in the potential of the state’s gas resources, Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the viability of these reserves depends on thorough exploration and economic feasibility studies. “Geologically, […]

Malaysia, Pakistan agree to strengthen ties in trade, investment

KUALA LUMPUR: Malaysia and Pakistan have agreed to explore opportunities to strengthen ties between the two countries, especially in trade and investment, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar said Pakistan’s Prime Minister Shehbaz Sharif conveyed the matter during a phone call he received from his Pakistani counterpart last night. “During the phone conversation, […]

High-paying jobs way out of poverty

KUCHING: The best way out of poverty is through well-paying jobs, which means the government needs to increase domestic and foreign investments to create good-paying jobs. Universiti Malaysia Sarawak (UNIMAS) Honorary Professor Datuk Dr Madeline Berma said the government should consider employment subsidies to help long-term unemployed and other disadvantaged workers to re-enter the labour […]

Plan will facilitate investments to state

KUCHING: The establishment of Sarawak Invest as part of the Sarawak Post-Covid-19 Development Strategy (PCDS) 2030 will facilitate investments and transform the state into a preferred investment destination, said an economist. Universiti Malaysia Sarawak (Unimas) economic lecturer Dr Afiza Abu Bakar said this includes Domestic Direct Investment (DDI) and Foreign Direct Investment (FDI). “Apart from […]