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BPHB sees revenue surge in latest quarter

BINTULU: Bintulu Port Holdings Berhad (BPHB) has announced an increase in its operating revenue, with a rise of RM13.98 million (6.96%) from RM200.86 million in Q4 2022 to RM214.84 million in Q4 2023. In a statement, the growth was attributed to the surge in port services revenue at Bintulu Port, which reached RM160.97 million in […]

Premier stresses economic structure for state’s growth  

SIBU: Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg has urged Sarawakians to embrace the resilience and strength symbolised by dragons in the Year of the Dragon. He said Sarawak remains committed to fortifying its economy to bolster revenue streams throughout 2024. “Sarawak is fortunate as from the year 2021 until 2023, it seems […]

Sarawak chalks highest revenue of RM13.3bil in 2023

BY NATASHA JEE & ALEXANDRA LORNA KUCHING: Sarawak has recorded the highest revenue collection for the year 2023 at RM13.3 billion. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said this showed that Sarawak continued to demonstrate resilience, innovation, and a collective commitment to progress. “At first in November, I was mentioning RM12.7 billion […]

Ruling party commits to raise revenue

BINTULU: Sarawak government has given its commitment to increase the state’s income so that one day there will be no more terminology of interior areas, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. Abang Johari, who is also the Parti Pesaka Bumiputera Bersatu (PBB) president, said for that, his party would continue to […]

Sarawak revenue rises, dispels past fears

KUCHING: Recent financial figures reveal Sarawak’s strong economic performance, countering a 2019 claim by former finance minister Lim Guan Eng. In 2019, Lim stated that Sarawak could face bankruptcy within three years under the leadership of Gabungan Parti Sarawak (GPS). Deputy Premier Datuk Seri Dr Sim Kui Hian refuted this claim, pointing to Sarawak’s impressive […]

Proton maintains 2023 sales growth trajectory  

KUALA LUMPUR: Proton Holdings Bhd continued its upward domestic and export sales trajectory in July with 13,326 automobile units sold, an improvement of 16.1 per cent over July last year. In a statement today, the national automaker said the figure helps lift year-to-date (YTD) sales to 90,647 units, the earliest the company has exceeded the […]

Sarawak aims to begin carbon trading next year

KUCHING: Sarawak aims to begin carbon trading next year, which will be a new source of income for Bintulu and increase the state’s revenue. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said carbon is currently under the Ministry of Natural Resources, Environment, and Climate Change in Malaysia. However, according to the United Nations definition that […]

Sarawak government achieves record revenue of RM12 billion

KUCHING: The Sarawak government has emerged as the top revenue earner among all states in Malaysia, generating a staggering RM12 billion in the previous year. Deputy Premier Datuk Amar Douglas Uggah Embas revealed this significant achievement during a recent national meeting on finance, where Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg and himself […]

ACFIN starts work on 4 focus areas

KUALA LUMPUR: The secretariat to the Advisory Committee to the Finance Minister (ACFIN) has started its work on four focus areas as mandated by Prime Minister Datuk Seri Anwar Ibrahim. Co-head to the secretariat Nurul Izzah Anwar said the four focus areas are government revenue and expenditure, subsidy and social protection, government-linked companies as well […]

Target: RM1 mln from Madani Ramadan Bazaar

BY JAMES WONG KUCHING: The Federal Agricultural Marketing Authority (FAMA) is aiming to generate sales revenue of RM1 million from the Madani Ramadan Bazaar, which has been running for nine consecutive years. FAMA recently opened two locations of the FAMA Ramadan Bazaar in Sarawak, namely the Madani Ramadan Bazaar at Medan Niaga Satok and Bazaar […]