Company formed to boost pepper industry

KUCHING: The establishment of Sara Spice Berhad (SSB) will be the trigger effect to boost local pepper industry. It is a subsidiary of the Malaysian Pepper Board (MPB) and functions as its investment arm but not taking over its pepper purchase operation, said Plantation Industries and Commodities Deputy Minister Willie Mongin. He said the future […]

Taking songket to the global market

KUCHING: The Sarawak government through the Ministry of Tourism, Arts and Culture (Motac) will continue to support efforts of non-governmental organisations (NGOs) in uplifting the quality of craft products in the state. Chief Minister Datuk Patinggi Abang Johari Tun Openg commended the Malaysian Association of Arts and Culture Activists Kuching (Macpa) in nominating Sarawak songket […]

Matrade helps 13,813 companies penetrate global market

KUALA LUMPUR: The Malaysia External Trade Development Corporation (Matrade) helped 13,813 local companies penetrate the global market during the 2015-2019 period through 466 export promotion activities and exporter development programmes, the Dewan Negara was told today. Deputy International Trade and Industry Minister Senator Datuk Lim Ban Hong said Matrade also promoted 337 Malaysian brands from […]

Global markets extend slump

NEW YORK: Global stocks tumbled and oil prices collapsed Friday as investors panicked over the expected damage of the coronavirus to global economic growth. Haven investments gold and the yen surged as the World Health Organisation (WHO) warned that the epidemic must be taken seriously. At the close of trade, the Paris stock market was […]

Timber still has potential for new investments

KUCHING: Despite the bleak outlook in the timber industry, Sarawak Timber Industry Development Corporation (STIDC) general manager Hashim Bojet said there was still some potential for investments. He said that this was in line with recent developments of consumer products in the global market. “Some of these include an increased demand for biomass products or […]

MoU opens door to global meetings

SAN FRANCISCO: Sarawak has made a remarkable impression and entry to the global meetings industry with a Memorandum of Understanding (MoU) between Business Events Sarawak (BESarawak) and Professional Convention Management Association (PCMA). The MoU exchange took place at PCMA’s signature industry event, Convening Leaders 2020, on Tuesday. Malaysia’s pioneer convention bureau —BESarawak by Sarawak Convention […]