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 […]
SPA survey wants extra money spent on children
KUCHING: Sarawakians appear to be eagerly waiting to see how the state government will utilise its additional revenue for the benefit of the people. Of particular concern are the M40 and B40 groups, especially their children, who they felt the government should reach out to even more now. A survey conducted by the Sarawak Patriot […]
Focus more on infrastructure and education, NGO urges Sarawak govt
KUCHING: Pertubuhan Pembangunan Insan Sarawak (PPIS) chairperson Manjeet Kaur Sidhu hopes that the Sarawak government will focus more on infrastructure and education, now that the latter has collected its highest revenue ever. “In terms of infrastructure, I think Sarawak needs to construct better roads and utilities for its future endeavours,” she said. She opined that […]
Economist raises concerns over high dependence on SST
KUCHING: It has been noted that Sarawak had recorded its highest ever revenue performance in 2022, with a total of RM11.9 billion thus surpassing the projected revenue of RM10.2 billion by 17 per cent. This has been described as ‘satisfactory’ by Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg on Thursday (Feb 2). But […]
Record-breaking revenue ensures brighter future for Sarawak
KUCHING: Sarawak Minister for Food Industry, Commodity and Regional Development, Datuk Seri Dr Stephen Rundi Utom responded positively to Sarawak’s record-breaking revenue of RM11.9bil for the fiscal year 2022. As a Sarawakian, he said he was proud of the achievements by the Sarawak government under the able and visionary leadership of Premier Datuk Patinggi Tan […]
State revenue will expedite development
KUCHING: Sarawak can expect to expedite its development through the revenue collected by the state thus far. Academy of Sciences Malaysia fellow Datuk Dr Madeline Berma said with the highest revenue collection recorded for the financial year 2022, development allocations can be increased. “The State Sales Tax (SST) imposed by the state government since 2019 […]
Dr Sim: Govt has great plans for Sibu’s development
SIBU: Sarawak has experienced major changes over the past 10 years under the leadership of the late Pehin Sri Tan Sri Adenan Satem and current Premier Datuk Patinggi Abang Johari Tun Openg. Deputy Premier Datuk Seri Dr Sim Kui Hian said Sarawak had increased its revenue from RM7 billion in 2018 to RM11.9 billion in […]
YKGI posts slight increase in profit
KUCHING: YKGI Holdings Bhd has posted a slight increase in group net profit to RM1.42 million in second quarter 2022 (Q22022) from about RM1.4 million in Q22021 as revenue jumped to RM75.7 million from RM60.6 million previously. The company attributed the revenue growth to higher steel price despite a lower sales volume in the current […]
