Author: Medecci Lineil

Economists share hopes and expectations

KUCHING: The revised Budget 2023 which will be unveiled by Prime Minister Datuk Seri Anwar Ibrahim On Friday is generating keen interest among economists. Universiti Malaysia Sarawak (UNIMAS) economist Dr Jerome Kueh said that the revised budget would need to strike a balance between achieving economic growth and taking care

5G to generate 8,000 new jobs in O & G

KUCHING: The Malaysian Institute of Economic Research (MIER) has recently released a report that analyses the potential economic impact of 5G technology implementation in Sarawak’s oil and gas industry. Its study demonstrated that the adoption of 5G technology in the oil and gas industry has the potential to revolutionise the

Quick fix will not fix price climb

“Drawing on my extensive experience in economic analysis, I find it unrealistic for the minister, who is presumed to be knowledgeable, to expect the public to monitor the decreasing costs of raw materials and boycott restaurants and food establishments that impose higher prices.” A few weeks ago, Economy Minister Rafizi

Quick fix will not fix price climb

“Drawing on my extensive experience in economic analysis, I find it unrealistic for the minister, who is presumed to be knowledgeable, to expect the public to monitor the decreasing costs of raw materials and boycott restaurants and food establishments that impose higher prices”   A few weeks ago, Economy Minister

Wildlife protection measures to get beef-up

KUCHING: The Sarawak Forestry Corporation (SFC) is taking steps to strengthen its wildlife protection measures by reviewing the Wild Life Protection Ordinance (WLPO) 1998, which has not been reviewed since 2008. The review aims to identify and address any loopholes and make the ordinance more relevant to the current situation,

New town planning initiative holds out promise

KUCHING: The new Padawan Municipal Council (MPP) headquarters is only a component of a carefully designed development that falls under a new town planning initiative, which will ultimately provide long-term benefits to the people. Its chairman Lo Khere Chiang said the 20-acre land near the Agriculture Research Centre in Semenggok

MPP clears the air over faulty streetlights

KUCHING: Padawan Municipal Council (MPP) has come out to clear the air following opposition assertions on who is responsible for street lighting in the Kota Sentosa area. According to its chairman Lo Khere Chiang, street lighting on minor roads falls under the jurisdiction of the MPP, while the federal road

Are rising interest rates behind abandoned projects?

KUCHING: Bank Negara Malaysia’s rising interest rates have caused contractors to abandon public projects, leading them to become what is billed as sick projects. According to Sarawak Building and Civil Engineering Contractors Association (SBCECA) chairman James Ha, the rising interest rates are likely to impact contractors who obtain project loan

Potential of recycled tyre rubber in road construction

KUCHING: Sarawak researchers have intensified their efforts to utilise recycled tyre rubber (RTR) in the road construction industry, providing a solution for the stockpile of old tyres that needs to be disposed of. According to Lester Silas Tirau, a research engineer from Faculty of Engineering Universiti Malaysia Sarawak (Unimas), recycled

The rise of BNPL economics

Investment is indeed a crucial driver of economic growth, as it generates employment opportunities and raises the standard of living. It is the role of the government to create a favourable business environment that attracts investments, both from domestic and foreign investors. Indeed, Malaysia’s share of foreign direct investments in