KUCHING: As cash handout programmes have become more prevalent in the fight against poverty, economists are debating whether they are truly effective. While they agree that such programmes can provide temporary relief, there are concerns about long-term sustainability and dependency. New Sarawak Tribune spoke with three economists to get their
KUCHING: Universiti Malaysia Sarawak (UNIMAS) has welcomed the announcement of the federal government’s allocation of RM50 million in the Budget 2023 to embark on a Cup Lump Modified Bitumen (CMB) technology for road maintenance. “Cup lump rubber is more accessible for road construction than rubber tyres since it does not
‘In public administration, there is no connection between revenue and expenditure.’ — Ludwig von Mises (1881-1973), economist. While the 2023 budget may have met some expectations previously outlined, it falls woefully short in several critical areas, particularly in creating a secure foundation for spending and revenue. It’s a disappointing result
KUCHING: Universiti Malaysia Sarawak (UNIMAS) Faculty of Engineering has offered suggestions on how to better allocate Malaysian Road Records Information System (MARRIS) funding for local councils’ road maintenance and repair. Its senior lecturer Larry Silas Tirau clarified that the funding shortage issue raised by local councils was mainly related to
KUCHING: Sarawak has been experiencing a rise in inflation, with an increase of 4.3 per cent in January 2023. According to the Department of Statistics Malaysia, this figure was higher than the national average of 3.7 per cent and was part of a trend that had been seen in the
KUCHING: Centre for Market Education (CME) economist Carmelo Ferlito has criticised the newly announced Budget 2023, calling for a more rational approach to government spending. “I was hoping for a budget that would have moved in a clear direction of expenditure rationalisation, and instead we see an even bigger budget,
KUCHING: An economist has lauded Budget 2023 as a wise move amid global challenges, highlighting its holistic approach beyond just figures. “The government is serious in balancing the fiscal position and debt level of the country,” said Universiti Malaysia Sarawak (UNIMAS) economist Dr Jerome Kueh when contacted by New Sarawak
KUCHING: Exciting new initiatives aimed at promoting inclusivity and diversity in society are being rolled out by the Women, Childhood and Community Wellbeing Development Ministry. According to its minister, Datuk Seri Fatimah Abdullah, among these initiatives is the state’s commitment to supporting children with disabilities. “In our state-owned preschool which
KUCHING: The government’s distribution of dividends in the newly unveiled Budget 2023 has come under scrutiny, with concerns raised over the fairness of the approach in the Amanah Saham Bumiputera (ASB) initiative. Speaking with New Sarawak Tribune yesterday, Malaysia Venture Capital Management Berhad (MAVCAP) chairman Tunku Alizakri Alias spoke out
“What I know for sure is that speaking your truth is the most powerful tool we have.’ – Ophah Winfrey, American talk show host and philanthropist. Several years ago, I worked at an esteemed economic think tank in Kuala Lumpur as a senior economic analyst. At the time, certain economic