Saturday, 7 February 2026

Author: Medecci Lineil

Keep politics out of BNM

KUCHING: The Bank Negara Malaysia (BNM) must firmly maintain its independence as an institution, free from any form of political influence. Universiti Malaysia Sarawak (UNIMAS) economist Jerome Kueh emphasised that the BNM’s primary role is to maintain monetary stability and support sustainable economic growth, rather than pursuing short-term political agendas.

Student council seeks UUCA reforms

KUCHING: Universiti Malaysia Sarawak’s (UNIMAS) Student Representative Council (SRC) is calling for immediate amendments to the University and University College Act 1971 (UUCA) to grant students greater freedom and autonomy. In a recent interview with New Sarawak Tribune, its president, Mohd Azhari Afirul Amiruddin, said that the amendment of the

Economist against using EPF to support loans

KUCHING: An economist opposes the move to allow the Employees’ Provident Fund (EPF) to support loans, as Malaysia faces one of the highest household debt-to-GDP ratios globally. Centre for Market Education (CME) economist said that many Malaysians borrow to cover rising costs and unexpected emergencies, leaving them vulnerable to economic

Vouching to end subsidy burden

KUCHING: An economic think tank proposes providing vouchers to lower-income groups as a temporary measure while gradually phasing out fuel and essential item subsidies over the next two years. According to the Centre for Market Education (CME) economist Carmelo Ferlito, this proposal aims to alleviate the financial strain of heavy

Timber companies caught off-guard by new tax

KUCHING: Effective April 1, timber companies in Sarawak are subjected to a new sales tax (SST) ranging from 1 per cent to 2.5 per cent on the export of selected timber products. The affected timber products include plywood, fibreboard, sawn timber, veneer, particle board, and woodchips. Sarawak Timber Association (STA)

DLP: Lost in translation?

KUCHING: Mathematics and Science in the Dual Language Programme (DLP) is intended to be taught entirely in English, without translating between languages. However, the name itself has caused confusion among teachers, as Lim Boon Yann, head of the Science, Technology, Engineering, and Mathematics (STEM) department at Batu Lintang Teacher Education

Stress tests foster confidence in banks

KUCHING: Stress tests serve as valuable tools for banks to evaluate their financial health and resilience in the face of adverse economic conditions, acting as early warning indicators.Universiti Malaysia Sarawak (UNIMAS) economist Jerome Kueh said it may enhance investors’ and customers’ confidence in the banking sector. He identified three factors

Fasting, faith and friendship

“Religious diversity should be celebrated, not feared. By recognising and accepting the differences in each other’s faiths, we can create a more vibrant and enriched society.” – Adam Smith (1723-1790) Scottish economist and philosopher. Every year, as Ramadan approaches, my non-Muslim and Muslim friends ask me, “Where are we going

Standardised agreement eases housing loan disputes: SHEDA

KUCHING: A standardised housing loan and home financing agreement for retail customers will effectively resolve disputes. Sarawak Housing and Real Estate Developers’ Association (SHEDA) Kuching chairman Datuk Sim Kiang Chiok said the standardised document will serve as the benchmark for the terms and conditions of the housing loan, which all

Traders take a stand against food waste

KUCHING: Ramadan bazaar traders are actively promoting ways to reduce food waste as a practical and responsible practice. Shaker Jalil, a 39-year-old trader who sells fried noodles at Stutong Bazaar, spoke to New Sarawak Tribune about his understanding on the importance of not wasting food. “We donate to those in