Increasing average household income is Sarawak’s next focus
KUCHING: Sarawak will focus on policies to increase the average household income following the recent announcement by the World Bank that the state has achieved high-income status. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the announcement “came earlier than expected,” as Sarawak aims to become a high-income and developed state by 2030. “This achievement […]
Sarawak lucky as World Bank observes its economic progress
KUCHING: Sarawak’s ample resources position it to achieve green energy, environmental sustainability, and economic prosperity by 2030. In stating this, Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the state is already prioritising initiatives such as carbon trading, carbon capture, utilisation, and storage (CCUS), microalgae cultivation, and methanol production on its own. “With […]
Timely recognition of Sarawak
As to giving credit to whom credit is due, rest assured the best way to do good to one’s-self is to do justice to others. There is plenty for everybody in science, and more than can be consumed in our time. One may get a fair name by suppressing references, but the Jewish maxim is […]
High-income Sarawak on track to attain economic goals
KUCHING: Sarawak deemed as a high-income state by the World Bank serves as an indication that the state is on track to achieve its economic goals. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said that with the state’s increased income last year, Sarawak had exceeded the World Bank’s gross national income (GNI) per […]
High-income state: We worked hard, says Nancy
KUCHING: The achievement and recognition of Sarawak as a high-income state by the World Bank reflects the dedicated efforts of Sarawakians and their leaders. Federal Minister of Women, Family, and Community Development Datuk Seri Nancy Shukri pointed out that Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg has been working hard to improve Sarawak’s […]
S. Korea vows to partner with World Bank to share expertise with developing nations
SEOUL: South Korea wishes to expand cooperation with the World Bank by sharing its expertise in the climate and digital sectors, the finance minister said Wednesday. “Korea’s expertise in the climate and digital sectors can help developing countries against the challenges they face,” Yonhap news agency quoted Finance Minister Choo Kyung Ho as saying during […]
World Bank: Malaysia better off having trade agreements with US, China
KUALA LUMPUR: Malaysia is better off having trade agreements with both China and the United States (US) rather than being left out of any agreement or being part of an exclusive trade bloc, said the World Bank Group. World Bank chief economist, East Asia and Pacific Region Aaditya Mattoo said the US economy is expected […]
12MP should focus on digital economy to achieve high-income nation status
KUALA LUMPUR: The government will need to focus on the digital economy and digital infrastructure as well as productivity in the 12th Malaysia Plan (12MP) to restore the country’s growth following the Covid-19 pandemic and hence realise the aim of becoming a high-income economy as early as 2024. The World Bank, in its report titled […]
Govt told to consider inoculating undocumented workers
KUALA LUMPUR: The government has been urged to consider inoculating undocumented workers in order to achieve community-based herd immunity. In making the call, DAP-Ipoh Barat M Kula Segaran said herd immunity cannot work on the basis of separating the undocumented persons from Malaysians as they carry a heavier risk since they live on the margins, […]
Urgent need for cash handouts for households
KUALA LUMPUR: There is an urgent need for cash handouts to households affected by the Covid-19 pandemic, said an expert. Asia School of Business (ASB) assistant professor of economics Dr Melati Nungsari said cash handouts to these households need to be significantly increased, given the additional restrictions and the current economic recession. “It is not […]
