Author: steditor2

Research houses remain positive on economic outlook after state elections

KUALA LUMPUR: The just-concluded six state elections did not change Malaysia’s balance of power, despite opposition gains. While the combined seat tally of the coalition partners in the ruling Pakatan Harapan (PH)-led unity government fell in all six states, PH retained comfortable majorities of 86 per cent, 73 per cent

Foreign investors extend buying spree for 5th straight week

KUALA LUMPUR: Foreign investors continued their buying streak on Bursa Malaysia for the fifth consecutive week, snapping up RM465.5 million worth of equities last week, said MIDF Research. In its Fund Flow Report for the week ended Aug 11, it noted that foreign investors were net buying every day, which

Lak Macros integrates advanced tech as e-waste industry gains momentum

KUALA LUMPUR: Malaysia’s electronic waste (e-waste) industry is on the verge of booming due to increasing demand for electronic devices. E-waste includes items such as smartphones, computers, laptops, televisions, refrigerators, and other electronic and electrical devices that are no longer in use or have reached the end of their life.

Tanjung Manis-Sarikei-Sibu travel shorter soon

KUCHING: The Jalan Pasi-Tanjung Manis and Batang Rajang Bridge project is scheduled for completion in September next year. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the project, connecting Tanjung Manis and passing through Sarikei to Sibu, would benefit the people. “Therefore, from Sibu to Sarikei, it will

State’s revenue in 2024 will increase from current year – Premier

KUCHING: With the state’s revenue for this year looking to surpass last year’s, Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg is confident that the numbers will be even higher for 2024. “I will not give the figures (yet), but I can tell you it is more than 2022, and

Crafts boost with Kraf Kembara Borneo this October!

SEMATAN: A special event called ‘Kraf Kembara Borneo’ is scheduled for this October to improve the handicraft industry in Sarawak and Sabah. Deputy Minister of Tourism, Arts, and Culture Khairul Firdaus Akbar Khan said that ‘Kraf Kembara Borneo’ aims to showcase the unique handicrafts made by local artisans. The goal

Witnesses needed for road accident

SIBU: Police want witnesses to help in a case where an elderly person died after being run over by a lorry on Jalan Deshon last Thursday. Sibu district police chief, ACP Zulkipli Suhaili said that the accident happened around 5.25 pm. The man, who was 77 years old, was riding

Sarawak’s revenue surge indicates strong economy, says economist

The continuous increase in revenues for Sarawak is a clear sign of a thriving economy, according to Datuk Dr Madeline Berma, an economist. She noted that the State Budget for the current year is expected to yield a surplus of RM238mil, with a total allocation of RM10.797bil for 2023. “Sarawak’s