Strong regulations will propel Asean digital economy to hit US$1-2 trl by 2030: Tengku Zafrul
KUALA LUMPUR: A strong and unified regulatory regime can help Asean reap its potential digital economy value, which is expected to reach US$1-2 trillion by 2030, up from US$300 million currently, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz. He said the rapid growth of e-commerce and availability of digital […]
Ministry pitch to connect Sarawak with more potential
BEIJING: The second edition of the Ministry of International Trade, Industry and Investment’s Connects programme was launched in Beijing, China following its success in Guangzhou in June this year. The launching was done by Deputy Premier Datuk Amar Awang Tengah Ali Hasan on Friday (Sept 1). According to the statement, it is the Ministry’s outreach […]
Propelling Sarawak to high-income and advanced status
SIBU: Sarawak’s strategic focus on socioeconomic and physical infrastructure development is set to propel the state towards achieving high-income and advanced state status by 2030, according to Deputy Minister for Education, Innovation and Talent Development, Datuk Francis Harden Hollis. He highlighted that Sarawak’s abundant natural resources present valuable opportunities for the state government to build […]
Sarawak entrepreneurs urged to participate in awards
KUCHING: Sarawak small and medium enterprises (SMEs) and business owners are strongly encouraged to participate in the upcoming Platinum Business Awards (PBA) 2023. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said many SMEs from Sarawak were successfully recognised and have been the recipients of the PBA previously. “Therefore, I strongly encourage Sarawak SMEs […]
Expand your businesses to world market
MIRI: Small and Medium Enterprises (SMEs) entrepreneurs are urged to expand their businesses to the international market. In making the call, Deputy Premier Datuk Amar Awang Tengah Ali Hassan pointed out that SMEs were the backbone of the country’s economy. “As such, for the business industry, they need to be export oriented in order to […]
Ministry formulating single window policy for digital, technology incentives application
KUALA LUMPUR: The Economy Ministry is currently consolidating all the incentives related to digital and technology into a single window approach for technology and digital business owners and startups, including the small and medium enterprises (SMEs). Its Minister Rafizi Ramli said the ministry will be discussing with the Communications and Digital Ministry (KKD) and the […]
Minos confident entrepreneurs will support creation of bank for SMEs
KUCHING: There is no doubt that small and medium enterprises (SMEs) in Sarawak would support the proposed establishment of a commercial bank for them. Political observer Datuk Peter Minos said one of the key reasons for support is that many SMEs find difficulty getting business capital from ordinary commercial banks, especially in the absence of full […]
Sarawak mulls setting up commercial bank
GEDONG: The Sarawak government plans to set up its own commercial bank. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said by having its own commercial bank, Sarawak would be able to better help small and medium entrepreneurs in this state. “When our economy is growing, it will trigger greater participation of the private […]
New financial set-up to benefit state SMEs
KUCHING: A state-owned financial institution will aid Small- and Medium-sized entrepreneurs (SMEs) in expanding their economic activities and recover from the pandemic. According to SME Sarawak president Jordan Ong, the establishment of the institution will provide timely funding options for local SMEs. He also mentioned that it will enable the Sarawak government to have more […]
Sarawak Skills to hold workshop on May 11
KUCHING: The Sarawak Skills Group of Learning Institutions (Sarawak Skills) is organising a two-day Sustainability and Environmental, Social, and Corporate Governance (ESG) 101 Workshop on May 11 and 12 at the Raia Hotel and Convention Centre Kuching. The workshop aims to provide participants with a strong foundation in sustainability, climate change, United Nations Sustainable Development Goals […]