Sunday, 21 December 2025

Author: Noor Syahhira Hady

EPF raises stake in Press Metal Aluminium

KUCHING: The Employees Provident Fund Board (EPF) has aggressively built up its stake in Press Metal Aluminium Holdings Bhd, with the acquisition of additional 18.22 million shares from August 8 to 12. The pension fund bought 4,760,400 shares (August 8); 10,454,600 shares (August 11) and 2,998,800 shares (August 12). This

Modernise building, fire rules for green standards

KUCHING: Sarawak is preparing to overhaul building and fire ordinances for the first time since 1979 to incorporate green standards and electric vehicle charging.  Deputy Premier Datuk Amar Dr Sim Kui Hian said the changes are needed to align the state’s development with modern requirements, including the green building index. 

Nation’s economy on steady growth with stronger household spending

KUCHING: Malaysia’s economy grew 4.4 per cent in the second quarter of 2025, matching the first quarter’s pace, as stronger household spending and higher investment offset weaker commodity exports. The Central Bank of Malaysia (BNM) said domestic demand prevailed as the main growth driver, supported by positive labour market conditions

100 students gain career insights at NAIM Holdings

KUCHING: NAIM Holdings Bhd brought career insights, industry expertise, and a dose of inspiration to a hundred Form 4 students at SMK Batu Lintang here today, reinforcing its commitment towards nurturing Sarawak’s future workforce. The session featured three engaging speakers: Abang Mohamad Aiman Abang Mat Ali, Regional General Manager for

AFFIN Group chalks RM358 million in pre-tax profits

KUCHING: AFFIN Group lifted its profit before tax after zakat by 22.1 per cent to RM358 million for the first half of 2025, as higher net income offset increased impairment allowances. The result marked an RM64.9 million improvement from RM293.1 million in the same period last year. The group’s President

Unlocking trillion-dollar opportunity

SARAWAK could tap into the USD5 trillion global halal economy by 2030 if it embraces digital tools and moves past the common perception of halal as only about meat and slaughter, said Citadel Tayyib 360 CEO Adly Mohamed. He said halal should be seen as a complete economic ecosystem, not

Raising retirement age risks job stagnation

KUCHING: Keeping civil servants in their jobs until 65 could slow promotions, block younger hires, and drive up government salary costs — with the risks outweighing short-term gains, said Dr. Nivakan Sritharan. The Swinburne University of Technology Sarawak lecturer said that while the proposal may offer some fiscal advantages, it

Calls for flexible retirement policy

KUCHING: Raising the retirement age for civil servants could solve one problem but create several more, including fewer jobs for young graduates, a heavier wage bill, and slower leadership renewal, said economist Afiza. The Faculty of Economics and Business at Universiti Malaysia Sarawak (UNIMAS) lecturer said Malaysia is undergoing a

ASB joins top 6% of global business schools

KUALA LUMPUR: Asia School of Business (ASB) has earned a spot among the top six per cent of business schools worldwide after securing accreditation from the Association to Advance Collegiate Schools of Business (AACSB), the most recognised global standard for business education. Awarded only to institutions that meet stringent criteria

Lamb of the elite served up

KUCHING: One of the world’s rarest and most premium lambs has landed in Sarawak, marking its Malaysian debut as Alliance Group partners with Supreme Cold Storage to introduce its flagship Lumina Lamb to the local fine dining scene. Described as a culinary breakthrough in meat quality, the highly sought-after Lumina