MoU on opposition funding still being drafted: DPM

BY ALEXANDRA LORNA and NUR ATIQAH QURATULAINI KOTA SAMARAHAN: A preliminary memorandum of understanding (MoU) on funding allocations for the opposition is still being drafted, said Deputy Prime Minister Datuk Seri Fadillah Yusof. He said the draft requires approval from the Unity Government Secretariat Supreme Leadership Council before proceeding. “The draft must go through several […]

Funding prosperity and ensuring sustainability

‘The underlying principles of sound investment should not alter from decade to decade, but the application of these principles must be adapted to significant changes in the financial mechanisms and climate.’ – Benjamin Graham, “Regarded as the Father of Value Investing” ‘You adapt, evolve, compete or die.’ – Paul Tudor Jones II, Founder of Tudor […]

Musk’s Neuralink secures US$280 mln funding to connect brains to computers

SAN FRANCISCO: Elon Musk’s company Neuralink, which wants to connect the brain to a computer using neural implants, has raised another US$280 million from investors, reported German news agency (dpa). The fresh funding round was led by technology investor Peter Thiel’s venture capitalist Founders Fund, Neuralink said in a social media post on Monday. The […]

Reminder to fully make use of RTP funds

MUKAH: Allocations for Rural Transformation Projects (RTPs) must be fully utilised to benefit the local communities, said Tellian Service Centre special officer Jay Keram. He said project specifications must also be strictly followed to avoid wastage of funds. He was speaking to reporters during the Tellian state constituency RTP project site handover for Tellian Ulu […]

NGO wants more funding for disabled persons

KUCHING: The Persatuan Anak Istimewa Sarawak (Perais) hopes that the revised Budget 2023 will be exclusively for the needs of persons with disabilities (PwD), besides for women and children’s development. Its president, Rapelson Richard Hamit, said he hoped that the budget would be specifically allocated to the needs of the PwD, increasing funding for, among […]

Dr Annuar: Complete your 20-hour business course before applying for funding

SIBU: Only those who successfully complete the entrepreneurship course are eligible to apply for assistance for their small businesses in the Nangka constituency, said Datuk Dr Annuar Rapaee. The courses that run through a programme, namely Program Pemerkasaan Komuniti Berilmu, are jointly organised by Sibu Community College and Nangka Service Centre. According to the Deputy […]

Clinic gets more funding to upgrade facilities

KUCHING: Tanah Puteh Health Clinic has received an allocation of RM100,000 from Bandar Kuching MP to upgrade its basic facilities for the benefit of its patients and staff. MP Dr Kelvin Yii along with Pending assemblywoman Violet Yong and Yii’s special assistant George Lam visited the clinic to hand over the allocation on today (Jan […]

Over RM35mil in funding from Mara to Sarawakian entrepreneurs

KUCHING: Majlis Amanah Rakyat (Mara) has allocated over RM35mil to entrepreneurs in Sarawak to ensure their further growth.Mara deputy director-general (entrepreneurship) Datuk Zulfikri Osman said the funding showed that the agency was committed to producing more successful entrepreneurs. “Currently, more than 4,700 entrepreneurs in Sarawak have partnered with Mara. The figures show that Mara is […]

Have mandate will have wealth fund

SERIAN: Chief Minister Datuk Patinggi Tan Sri Abang Johari Tun Openg has asserted that if Gabungan Parti Sarawak (GPS) is given a mandate by the people, he will form a sovereign fund by next year for the future of Sarawak. “There is an approach called capital maximisation under sovereign fund. So our future is bright […]

SJKC Ek Hua still needs funds for new building

MUKAH: SJKC Ek Hua still needs funds to finance the construction of its new RM2 mln double-storey building. The school’s management board chairman, Tay Aik Seng, said previously, some individuals and organisations had contributed to the building fund. He added that besides cash, the contributions also included sand, courtesy of a local company. “Due to […]