KUCHING: Sarawak’s relief may ease pressure briefly, but rising global costs still threaten businesses and households. The Sarawak Federation of Chinese Associations president, Datuk Richard Wee, said the additional assistance from the Sarawak government is welcomed by Anak Sarawak, as the added support for SKAS recipients showed the government was
KUCHING: Sarawak developers are facing rising building costs as the Iran conflict pushes up oil-linked inputs. SHEDA adviser, Datuk Sim Kiang Chiok, said the Sarawak property sector welcomes the RM876.2-million Special Aid Package unveiled recently by the Premier. He said measures including the enhanced SKAS payout, the 25 per cent
KUCHING: Rising business costs are beginning to work their way through Sarawak’s supply chain and into consumer prices. Sarawak Business Federation (SBF) Secretary-General, Datuk Jonathan Chai, said businesses in the state were already feeling the impact of rising costs, with the pressure becoming increasingly visible across several key areas. He
KUCHING: Lower middle-income households may remain vulnerable even as Sarawak rolls out wider cost-of-living relief. Universiti Malaysia Sarawak (UNIMAS) Faculty of Economics and Business’ senior lecturer, Dr Afiza Abu Bakar, said the RM876.2 million package was welcome news for Sarawakians as households continued to face rising living costs driven by
KUCHING: Transport and logistics costs pose the biggest threat to Sarawak as external price pressures deepen. Swinburne University of Technology Sarawak Campus lecturer, Dr Nivakan Sritharan, said transport and logistics costs were likely to have the most significant and widespread impact on Sarawak, given the state’s dispersed population and heavy
KUCHING: Sarawak’s relief package is a practical first defence, but it cannot fully blunt a prolonged external shock. Universiti Malaysia Sarawak’s senior lecturer, Dr Dzul Hadzwan Husaini, said the state’s enhanced SKAS assistance, electricity discounts and rental relief amounted to a reasonably well-targeted short-term intervention amid rising cost pressures. He
KUCHING: Hartanah Kenyalang Bhd is setting its sights on water infrastructure and substation projects as it charts its next phase of growth, with plans to expand into utility-linked construction over the next three to five years. Chief financial officer Desmond Foo Jin Sen said the group is positioning itself to
KUCHING: Bank Negara Malaysia’s new Unesco coin series includes Sarawak’s Gunung Mulu and Niah Caves. Bank Negara Malaysia announced the issuance of six limited-edition commemorative coins featuring Malaysia’s Unesco World Heritage Sites, themed Malaysia’s Treasures to the World. Each coin’s obverse carries the inscription “TAPAK WARISAN UNESCO MALAYSIA” together with
KUCHING: Nearly five million Employees Provident Fund (EPF) members withdrew RM16.6 billion from Akaun Fleksibel as of October 2025. According to the EPF’s latest research report, close to 5.0 million members below the age of 55 had made at least one withdrawal, representing a 37 per cent take-up rate out
SHANGHAI: Bintulu Port recently inked a memorandum of understanding (MoU) with Shanghai International Port Group (SIPG) to improve efficiency and digital capability. According to its press statement, the agreement culminated on the successful implementation of the Port Operation Terminal System at Bintulu Port. It added that the collaboration would explore
