Trade volume up thanks to increase in exports
KUCHING: Sarawak’s trade volume increased by 51 per cent to reach RM166.15 billion last year compared to 2021 when it amounted to RM109.89 billion. Deputy chief executive officer (CEO) of the Malaysian External Trade Development Corporation (Matrade) Abu Bakar Yusof said Sarawak had recorded a growth in exports during the year. “Exports showed an increase […]
Sarawak govt to continue assisting SMEs
MIRI: Small and medium enterprises (SMEs) have always been the backbone of the Sarawak government’s economy. Through the Ministry of International Trade, Industry and Investment (Mintred), during the Covid-19 pandemic, the Sarawak government had provided financial assistance to SMEs to help them survive, said Deputy Premier Datuk Amar Awang Tengah Ali Hasan at the launch […]
ACCCIM urges the govt to reduce cost of doing business
KUALA LUMPUR: The Associated Chinese Chambers of Commerce and Industry Malaysia (ACCCIM) has urged the government to pay particular attention to tackling cost related bottlenecks in the business regulatory environment in the budget tabled this Friday. In a statement, ACCCIM said it is looking forward to a responsible and pro-business budget and reduce the cost […]
Budget 2023: SMEs Sarawak want loan repayment aid
KUCHING: Small and Medium Enterprise (SME) Association of Sarawak is hoping for Budget 2023 to roll out repayment assistance for B40 borrowers and microenterprises as defined by SME Corporation Malaysia. Its president Jordan Ong said the people and small businesses still need the loan repayment assistance support as they are still recovering from the financial […]
Industry Connect event, a catalyst to support enterprises
KUCHING: The Petroleum Sarawak (PETROS) Industry Connect event will play a significant role in encouraging Sarawak’s small and medium-sized enterprises (SMEs) to seize the opportunities in the oil, gas, and energy sectors. Energy and Environmental Sustainability Deputy Minister Dr Hazland Abang Hipni asserted that the event should be emulated for other industries as well. Such […]
Supporting, developing Sarawak-Sabah SMEs
KUCHING: Four new programmes aimed at supporting and developing small and medium enterprises (SMEs) in Sarawak and Sabah will be launched soon. “Starting this year, we are preparing four projects that are specially designed for the purpose,” said Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick. “Along with the 185 entrepreneur development programmes or projects […]
Opportunities in energy transition for SMEs
MIRI: Deputy Minister for Energy and Environmental Sustainability (MEESty) Dr Hazland Abang Hipni disclosed that there are opportunities in the Energy Transition towards Environmental Sustainability in Sarawak for ‘futuristic and forward’ thinking small and medium enterprises ( SMEs). “However, they will need clearer and more transparent information sharing by PETRONAS and PETROS in gearing the […]
SMK Melugu students visit PKS
KUCHING: Politeknik Kuching Sarawak (PKS) recently opened its door to students of SMK Melugu, Sri Aman for a study tour. According to its statement, a total of 38 students and nine teachers participated in the tour where they learnt in depth about technical and vocational education and training’ (TVET) in small and medium enterprises (SMEs) […]
PM: No increase in electricity tariff for domestic consumers
PUTRAJAYA: The government has no plan to raise electricity tariff for domestic consumers to avoid burdening the people, said Prime Minister Datuk Seri Anwar Ibrahim. He said the decision also involved small and medium industries (SMEs), agricultural companies and food producers even though it would give financial implications of almost RM30 billion a year to […]
Soft loans at low interest rate to continue
THE Sarawak government will continue to provide soft loans at a low interest rate of 4 per cent based on monthly reducing balance through Skim Kredit Mikro Sarawak (SKMS) and Skim Pinjaman Industri Kecil dan Sederhana (SPIKS). International Trade, Industry and Investment Minister Datuk Amar Awang Tengah Ali Hasan said to date, RM76.06 million has […]
