Bursa Malaysia likely to continue recovery momentum next week

KUALA LUMPUR: Bursa Malaysia is expected to have a positive trend next week and continue to recover, thanks to an increase in investors’ optimism and positive outlook on both the local and regional markets, a dealer said. Malacca Securities Sdn Bhd senior analyst Kenneth Leong expects the market to stay on the recovery track due to the more stable […]

Sarawak offers plus factors for Chinese solar manufacturer

KUCHING: Deputy Premier Datuk Amar Awang Tengah Ali Hasan has promoted Sarawak as the ideal location for a Chinese solar manufacturer to expand its base of operation. According to a press release, the company has plans to expand outside the mainland of China to cater to the increasing demand from the global market. Awang Tengah, […]

Japanese firms’ RM23 bln investment plans reflect trust in Malaysia’s biz ecosystem

KUALA LUMPUR: The RM23.07 billion worth of potential Japanese investments clinched during the recent trade and investment mission (TIM) reflect the confidence that global companies have in Malaysia’s business ecosystem, according to the Malaysian Investment Development Authority (MIDA). Chief executive officer Datuk Arham Abdul Rahman said MIDA welcomes the investment plans by the Japanese companies, which include NHK Spring, […]

Sarawak can help alleviate world food security issues, says minister

KUCHING: Sarawak can produce more food for its citizens and other areas of the world, benefiting producers and farmers economically, says Datuk Seri Abdul Karim Rahman Hamzah. The Minister for Tourism, Creative Industry and Performing Arts said he hoped the necessary ministries and agencies, whether federal or state, would pursue this matter further so that […]

Potential for Borneo Cultural Festival to go global

SIBU: The annual Borneo Cultural Festival (BCF) has potential to be developed into an international event, says Datuk Seri Dr Sim Kui Hian. The Deputy Premier said this could be achieved through collaborations with both federal and state tourism ministries. “BCF, no doubt, is the most iconic event and main highlight of Sibu’s calendar of […]

English key to move forward

KUCHING: The ability to speak multiple languages has always been Malaysia’s strength especially to remain competitive in the global market. Bandar Kuching MP Dr Kelvin Yii who said this pointed out that the need to promote the use of national language should not be an excuse to curtail nor discourage the use of another language. […]

Timber licensees must obtain certification

BINTULU: Sarawak has the largest forest plantation management unit (FPMU) in Malaysia, said Deputy Minister of Plantation Industries and Commodities Datuk Willie Mongin. He said a total of 1.178 million hectares of forest areas in Sarawak had been certified under the Malaysian Timber Certification Scheme (MTCS) which included six FPMUs and 11 natural forest management […]

We can be global food exporter: Uggah

KUCHING: The State Farmers’ Organisation (PPNS) has been tasked to design a mechanism and system to ensure that Sarawak’s agricultural produce reaches the global market. Deputy Chief Minister and Minister of Agriculture Modernisation, Native Land and Regional Development Datuk Amar Douglas Uggah Embas said it was crucial to move the whole supply chain – from […]

Skincare sales target $181 billion by 2025 with consumers on ‘skinimalism’ quest

KUALA LUMPUR: The global beauty and personal care market is expected to rebound in 2021, with a three per cent growth largely driven by Asia Pacific, according to global market research company Euromonitor International. In its latest webinar ‘Beauty in recovery: going green and clean’, Euromonitor delves into the industry’s future outlook, exploring the key […]

Public laud Sarawak Pay Global

BY TANIA LAM & NUR HAZIRAH SHUKUR KUCHING: The collaboration between Sarawak Pay and UnionPay has been lauded by many as a remarkable achievement by the state government towards gaining international recognition for Sarawak as well as broadening its horizons. Chief Minister Datuk Patinggi Abang Johari Tun Openg launched the UnionPay Virtual Card on Sarawak […]