News
SEDC marks 55 years of driving Sarawak's economic growth
2+ hour, 13+ min ago (426+ words) Held at a leading hotel here, the Hari Raya Aidilfitri gathering brought together SEDC staff, subsidiaries, investors, government agencies, private sector partners and stakeholders in a celebration that underscored the corporation's enduring contributions to the state. Officiated by Deputy Minister…...
Hajiji: Blue Economy to drive Sabah's growth under SMJ 2. 0
18+ hour, 26+ min ago (459+ words) Hajiji shares a light moment while visiting entrepreneurs" booths during the opening ceremony of the Teraju Aspirasi Outreach Sabah 2026 at the Sabah International Convention Centre on Thursday. "This approach aligns with the core pillars of empowering the people"s economy,…...
US stocks drop as Trump doubles down on Iran threats
2+ day, 11+ hour ago (143+ words) A whole civilization will die tonight," Trump said on social media, amplifying an earlier vow to level bridges, power plants and other civilian infrastructure if the country does not reopen the Strait of Hormuz to oil-tanker traffic. Stocks had risen…...
DPM: Aggressive measures key to Malaysia breaking out of "middle economy" trap
3+ day, 1+ hour ago (383+ words) This was stated by Deputy Prime Minister Datuk Amar Fadillah Yusof, who noted that the country had yet to transition into the higher-level economic status. In this regard, he stressed the need for a more aggressive push towards growth driven…...
Consumer group backs PM Anwar's call to strengthen domestic economy by supporting local products
1+ week, 1+ hour ago (258+ words) Its chairman Lucas Lau said prioritising local products is among the most practical steps towards building a more sustainable and self-reliant national economy. He said the council understands the challenges currently faced by the public, including the increasing financial burden…...
STA: Forests must continue to generate legitimate economic value
1+ week, 1+ day ago (331+ words) Lau (middle) is seen during the STA AGM on Tuesday. This was among the highlights by STA chairman Dato Henry Lau Lee Kong in his report on the association's 2025 workings ahead of its annual general meeting here on Tuesday. Lau…...
BNM assesses risks, impact from West Asia conflict
1+ week, 2+ day ago (488+ words) Abdul Rasheed notes that the developments in the Middle East have introduced additional uncertainty with potentially far-reaching spillovers, given implications on commodity prices and financial market conditions. KUCHING (March 31): Bank Negara Malaysia (BNM) is actively assessing the economic impact of…...
Sarawak Timber Association calls for govt support, relief measures amid economic uncertainties
1+ week, 2+ day ago (800+ words) KUCHING (March 31): The Sarawak Timber Association (STA) has appealed to the government to consider appropriate support measures as the industry continues to face mounting cost pressures and regulatory challenges amid a volatile global economic environment. STA chairman Dato Henry Lau…...
Liquidity support critical as SMEs reel from Middle East disruptions
1+ week, 3+ day ago (572+ words) KUCHING (March 30): The stimulus package under consideration should prioritise liquidity support as small and medium enterprises (SMEs) grapple with rising costs and supply chain disruptions due to the ongoing Middle East conflict. Small and Medium Enterprises Association Malaysia (Samenta) national…...
Govt balancing inflation, growth amid West Asia conflict, maintaining GDP target for now
1+ week, 4+ day ago (282+ words) JOHOR BAHRU (March 29): The government is focusing on balancing public welfare, inflationary pressures, and the sustainability of the country's economic growth following the conflict in West Asia, with the 2026 economic growth target remaining at 4 to 4. 5 per cent for now. Economy…...