Sarawak household incomes rose in 2022
KUCHING: Sarawak recorded a median household income of RM4,978, while the mean income was RM6,457 last year, according to the Household Income Survey and Household Expenditure Survey Report released by the Department of Statistics Malaysia (DOSM) on Friday. The median income, which represents the middle value when all incomes are arranged from lowest to highest, […]
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 […]
Rich state, rich people
If a free society cannot help the many who are poor, it cannot save the few who are rich. – John F. Kennedy, 35th president of USA It is undeniable that Sarawak has progressed massively financially under the tutelage of Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. Since taking office, efforts have been […]
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 […]
Premier to announce state’s revenue next week; it has doubled since four years ago
SIBU: Sarawak continues to project an economic growth that is beyond expectations, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. Abang Johari, who is also the Minister of Finance and New Economy, noted that for the past few years, Sarawak’s revenue had been hitting double-digit growth. “It is very lucky that we got […]
Making use of vast resources to generate additional revenue
By Anthony Singon IT has always been the state government’s focus to make full use of the vast resources available to Sarawak. With that, the question is how will the people benefit from it? It was this very question that led to policy decisions by the state government to leverage on the state’s resources – […]
Sarawak now represented in IRB
BY MOHD NASEER SALLEH IT is of utmost importance that Sarawak has access to the nation’s finances, particularly on revenues generated through taxes collected from the state. This will allow Sarawak to claim for its share of the tax revenue. To enable this, the state must have a representative at the federal Inland Revenue Board […]
Revenue from surplus funds targeted
LONDON: Sarawak hopes to build on the savings made through surplus of funds by setting up their own sovereign wealth fund. In reiterating this proposal, Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the state’s resilient financial position is an enabler to this. “Sarawak’s financial position is now quite strong so we want […]
