Proton hopes for more initiatives to encourage EVs
KUCHING: Malaysian car maker Proton is hoping for the government to introduce more initiatives to increase production as well as the use of electric vehicles (EVs) in under the revised 2023 Budget which will be tabled next week. Proton deputy chief executive officer Roslan Abdullah attractive incentives could create more investment opportunities for the country […]
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 […]
IDECS focus on environment, social and governance
KUCHING: The 5th International Digital Economy Conference Sarawak 2022 (IDECS 2022) focuses on the importance of Environment, Social and Governance (ESG) element. Deputy State Secretary (Operations) cum Chairman of IDECS 2022, Datuk Dr Sabariah Putit said the ESG element would further accelerate long-term socio-economic growth for Sarawak, attract talent, encourage socially responsive investment and attract […]
Sarawak looking to develop furniture parks
KUCHING: The Sarawak government will work with industry players to develop a furniture park in Kuching and Tanjung Manis. Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said furniture parks were expected to generate approximately RM500mil in investment and an estimated export value of RM4bil by 2030. “The infrastructure and facilities will become a […]
State government puts money where it matters most
SAMARAHAN: The state government is willing to invest in fields and sectors that matter most to Sarawak – research development and development of human capital. Chief Minister Datuk Patinggi Tan Sri Abang Johari Tun Openg said these were why the state had put in RM200 million for the establishment of its research facility – Sarawak […]
Big investment to be made known soon
BINTULU: Chief Minister Datuk Patinggi Abang Johari Tun Openg has hinted that a very big investment for the state will be announced soon. “There is already a very big investment coming here, also using part of the product from methanol. “It is something related to medical — medical equipment. I will announce it later,” he […]
Salesman loses over RM50k to investment scam
SIBU: A salesman here has fallen victim to an online investment scam, becoming poorer by RM54,800. Sarawak Commercial Crime Investigation Department (CCID) chief Supt Maria Rasid said the victim, in his late 40s and working in a private company here, was attracted to investment opportunities offered by the Happybuy page on Facebook. The victim had […]
World-class infrastructure to achieve Sarawak’s 2030 aspirations
KUCHING: World-class infrastructure is needed to make Sarawak’s 2030 aspirations a reality, Datuk Patinggi Abang Johari Tun Openg stressed. As such, the Chief Minister said the Sarawak government had been pumping in the necessary funds. “It’s not easy to achieve Sarawak’s 2030 target. There are many challenges. We need to create a climate of confidence […]
Tourism needs business events
MIRI: The business events segment is vital to the transformation of the state’s tourism industry, said Tourism, Arts and Culture Minister Datuk Abdul Karim Rahman Hamzah. “Everything we do in the business events industry today is an investment. The value of business events is greater than the tip of the iceberg,” the minister explained at […]
Exploring suitable franchise business for youth
KUCHING: The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) is studying an initiative to offer franchise business packages with suitable investment capital costs in order to attract youth participation. Its minister Datuk Alexander Nanta Linggi said that this initiative would include franchise fees, modification and equipment costs, start-up stocks, and training. “KPDNHEP hopes that […]
