RM3.876 bln SST not solely from O&G
A sum of RM3.876 billion that was budgeted for State Sales Tax (SST) in 2022 was not solely from oil and gas but comprised sales and taxes from various taxable items. Deputy Premier and Second Minister for Finance and New Economy Datuk Amar Douglas Uggah Embas said this in response to issues raised by Datuk […]
Sarawak’s revenue for Jan-March amounts to RM3.1 bln
SARAWAK collected a revenue of RM3.108 billion or 31 per cent of the estimated revenue of RM10.036 billion in the first quarter of this year, Deputy Premier Datuk Amar Douglas Uggah said. He said the revenue was collected from major sources, namely State Sales Tax (SST) of RM1.248 billion, cash compensation in lieu of oil […]
RM5.833 bln revenue collected in third quarter this year
KUCHING: Sarawak has collected a revenue of RM5.833 billion as of the third quarter of this year, said Chief Minister Datuk Patinggi Abang Johari Tun Openg. He said that the collection of revenue was mainly from major sources such as the State Sales Tax (SST) of RM2.395 billion; cash compensation in lieu of oil and […]
Yes to state’s sovereign wealth fund
KUCHING: The Gabungan Parti Sarawak (GPS) state government’s plan to set up a sovereign wealth fund drew compliments from many. Chief Minister Datuk Patinggi Abang Johari on Thursday pointed out that the fund will be able to secure the state’s future when it is no longer generating revenue from its oil and gas. To this, […]
