Way forward for Sarawak very promising
KUCHING: Sarawak has greater potential than most states in terms of generating more revenue, said Prime Minister Tan Sri Muhyiddin Yassin. “You still have your oil and gas, so the potential is great. Therefore, Sarawak’s ability to move forward quickly is very substantial compared to some other states and perhaps even compared to Putrajaya in […]
Abolishment of GST affected nation’s revenue
KUALA LUMPUR: The previous government’s decision to abolish the Goods and Services Tax (GST) has to some extent affected the country’s revenue, said Deputy Finance Minister I Datuk Abd Rahim Bakri. He said this was because the country faced a revenue shortfall when GST was abolished and replaced with the Sales and Service Tax (SST). […]
Move to up Sarawak’s revenue
KUCHING: Datuk Patinggi Abang Johari Tun Openg has something more in mind to increase the state’s revenue further after succeeding in getting additional income from the five percent state sales tax (SST) enforced on petroleum products. The chief minister said Sarawak’s future economy would be very bright through a new financial model that he had […]
Carbon credit state’s new revenue source
KUCHING: In re-engineering forests revenues, the Sarawak government is looking at making carbon credit as a new source of revenue for the state. Chief Minister Datuk Patinggi Abang Johari Tun Openg said there is a lot of potential in the forests from a wider perspective and it does not even require the cutting of trees. […]
