Retirement age brings new realities to light
KUCHING: Economists generally agree the retirement age may eventually be extended to 65 but cautioned it will have to be carefully considered. Advocating for an extension of the retirement age is not a new concept. For civil servants, the retirement age was raised from 55 to 56 in 2001, then to 58 in 2008, and […]
DOSM optimistic Malaysia’s economy will continue to recover in 2022
KUALA LUMPUR: The Department of Statistics Malaysia (DOSM) is optimistic that the country’s economy will continue to recover in 2022, as it did in 2021, as economic data indicated that the economic recovery was gaining traction. Chief statistician Datuk Seri Mohd Uzir Mahidin noted that Malaysia’s gross domestic product (GDP) rebounded 3.6 per cent in […]
Action and Implementation Plan for PCDS 2030 launching today
KUCHING: Chief Minister Datuk Patinggi Tan Sri Abang Johari Tun Openg will launch the Action and Implementation Plan for the Post COVID-19 Development Strategy (PCDS) 2030 today (Feb 7). According to the Sarawak Public Communication Unit (UKAS), the event is expected to take place at 2.30pm at Borneo Convention Centre Kuching (BCCK). Abang Johari will […]
Gradual increase in flight frequency
KUCHING: Flight frequency to Sarawak will be increased gradually to support the revival of the economy and tourism sector but with strict compliance with the guidelines to control the spread of Covid-19 in Sarawak. This was decided on Sept 24 by the Sarawak Disaster Management Committee (SDMC), according to a statement issued by the Ministry […]
Too early to tell whether economy will recover quickly
KUCHING: The government’s decision to reinstate inter-state travel is another step in the right direction towards economic recovery, opines Universiti Malaysia Sarawak (Unimas) economic lecturer Dr Afiza Abu Bakar. She said the decision was taken to find a compromise between boosting the economy and ensuring public health and safety. She added that the move would […]
Travel bubbles can help boost economy
KUCHING: The establishment of travel bubbles would benefit the country economically, said Plantation and Commodities Deputy Minister Datuk Willie Mongin, who pointed out that they have been mentioned by the federal and state tourism ministries. Travel bubbles, also known as travel corridors and corona corridors, involve the formation of exclusive partnerships between two or more […]
15-year tourism master plan to help industry recover
BY ALVERDTEKOSTER ANYAP KUCHING: The 15-year Third Sarawak Tourism Master Plan will assist the state’s tourism industry in recovering from the Covid-19 pandemic. Tourism, Arts and Culture Minister Datuk Abdul Karim Rahman Hamzah said his ministry would work together with the Economic Planning Unit (EPU) to chart the way forward for the industry. “The Third […]
‘Avoid too much politics’
KUALA PILAH: Senior Minister and Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali yesterday advised various quarters not to play too much politics as the focus of the government now is the people’s health and the country’s economy. He said the parties concerned should emulate Prime Minister Tan Sri Muhyiddin Yassin who […]
RMCO allows people, businesses to generate income
KUALA LUMPUR: The gradual opening of the economy and the implementation of the Recovery movement control order (RMCO) have enabled the people and businesses to start generating income and repay their financial loans. Minister of Finance Tengku Datuk Seri Zafrul Tengku Aziz said the next step that can be taken is for more targeted assistance […]
Approaches to tackle economic problems
KUCHING: Sarawak is preparing itself with both short- and long-term approaches to tackle economic problems caused by the Covid-19 pandemic. Chief Minister Datuk Patinggi Abang Johari Tun Openg said that in terms of the short-term approach, projects which had been approved by the government and were in the midst of implementation would be continued immediately […]
