KUCHING: Maxis Bhd lifted FY2025 profit after tax 11.8 per cent to RM1,561 million, as Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) rose 5.0 per cent to RM4,329 million. The company said the performance was supported by disciplined cost management, digitalisation initiatives and operational efficiencies. “Service revenue increased 0.5
KUCHING: Sarawak has mapped out four priority sectors beyond 2030. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said Sarawak is already planning beyond its PCDS 2030 horizon and has identified four sectors for priority. He said the first is the continuation of Sarawak’s renewable energy agenda, including hydro,
KUCHING: Hydrogen-powered public transport is set to arrive in Sarawak next year. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said Sarawak was moving from planning to delivery in a tougher global economy. “Next year, insya-Allah, we will have hydrogen-powered public transport, I think the first in this region,
KUCHING: Sarawak is pursuing a Borneo Economic Community (BEC) to transcend borders. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said Sarawak was working with counterparts on the other side, including Indonesian Business Council to establish the BEC. He said he raised the proposal at the Indonesian Economic Summit
KUCHING: Malaysia’s ringgit may find its firmest support from what the country exports rather than what it hosts, with manufacturing and commodities offering more stability than tourism, says an economist. Swinburne University of Technology Sarawak Campus lecturer Nivakan Sritharan said the ringgit’s near-term strength is most closely tied to export
Lower import costs offset export price pressures in Malaysia’s trade structure KUCHING: A stronger ringgit could help lower production costs in Malaysia’s import-heavy economy, rather than undermine export competitiveness as conventional theory suggests. Universiti Malaysia Sarawak (UNIMAS) senior lecturer Dr Dzul Hadzwan Husaini said currency appreciation is typically associated with
KUCHING: Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg has proposed that Amanah Saham Sarawak (ASSAR) enables savings through SPay Global so rural users can set aside small amounts regularly. He said the move is aimed at building a savings culture in rural communities by making it easier for
KUCHING: Amanah Saham Sarawak (ASSAR) declared an interim dividend distribution of 3.0 sen per unit for the 2026 financial year, extending its run of twice-yearly distributions since January 2024. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said that the fifth distribution following the restructuring of ASSAR involved a
KUCHING: Asia-Pacific’s aviation services market is expected to reach USD138.7 billion (approximately RM568.7 billion) by 2044, with total services demand forecast to grow at a 5.2 per cent compound annual growth rate through 2044. In its latest Global Services Forecast for Asia-Pacific, including China and India, Airbus said the company
KUCHING: Employees Provident Fund (EPF)-linked investors are urged to invest with clear targets and exit discipline rather than hold indefinitely. PMB Investment Berhad Agency Manager Noor Azlan Hashim, said the most common mistake made by investors are not the choice of product, but the absence of an objective. “Without any