Sunday, 10 August 2025

Author: Noor Syahhira Hady

DUBS cautions against expanded SST on financial services

KUCHING: The Sarawak Bumiputera Entrepreneurs Chamber (DUBS) has voiced concerns over the government’s proposal to expand the Sales and Services Tax (SST) to include fee-based financial services, cautioning that the move could place a strain on businesses, particularly small and medium enterprises (SMEs). Its president Datuk Abang Helmi Ikhwan noted

Forum Serantau YAPEIM discusses key economic and social issues

KUCHING: The Forum Serantau YAPEIM 2024 (FSY2024) was a resounding success featuring over 60 panellists and moderators from Malaysia, Indonesia, Singapore, Brunei, Thailand, Cambodia and the United Kingdom. Under the theme ‘Empowering the Madani Economy through Regional Synergy’, the two-day event (Oct 1 and 2) had discussed various key issues

BEBC Sarawak backs call for stronger BIMP-EAGA collaboration

KUCHING: The BIMP-EAGA Business Council (BEBC) Sarawak has echoed Deputy Premier Datuk Amar Awang Tengah Ali Hasan’s call for stronger collaboration among member countries in the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asean Growth Area (BIMP-EAGA). In a statement, the council pointed out that the vision of shared prosperity and growth for the

Additional development allocation for Sarawak timely

KUCHING: The increment of development allocation for Sarawak in the tabling of Budget 2025 is both timely and necessary due to several unique challenges faced by the state, said Universiti Malaysia Sarawak (UNIMAS) economist Dr. Dzul Hadzwan Husaini. He told Sarawak Tribune that the additional financial injection is vital to

Telco infrastructure company Demanlink Connexion Sdn Bhd begins operations

KUCHING: Sarawak based telecommunications infrastructure company, Demanlink Connexion Sdn Bhd, begins its operations in the state today. Announcing this, its chief executive officer Hanad Yusuf said the company aims to provide reliable and scalable digital infrastructure that connects communities, empowers businesses, and supports economic growth. “We are looking forward to

Earn and grow with Panda Jelajah Borneo

KUCHING: The Panda Jelajah Borneo campaign has opened doors to flexible earning opportunities for locals. Foodpanda Malaysia’s director of operations Shubham Saran said the event was a platform for community engagement and support. “This initiative is aimed at supporting economic growth by providing diverse ways for locals to earn and

Foodpanda riders win Umrah package, study sponsorship

KUCHING: Two foodpanda delivering partners walked away with life-changing prizes at the ‘Panda Jelajah Borneo’ event. Mohd Azin Arsyad Basir, 22, from Serian won an Umrah package for one person during the lucky draw sponsored by Ikhlas.com and foodpanda. A full time rider since 2022, he shared that winning the

Public Bank Berhad enters deal to acquire 44.15% stake in LPI Capital Bhd

KUCHING: Public Bank Berhad (Public Bank) has entered into a conditional sale and purchase agreement (SPA) with the estate of the late Tan Sri Datuk Seri Dr Teh Hong Piow (estate) and Consolidated Teh Holdings Sdn Bhd (ConTeh). The agreement involves acquiring a total of 175,896,000 ordinary shares in LPI

Sarawak reaps success by emulating Norway’s model of resource management

KUCHING: Nobel Prize-winning economist Joseph Stiglitz revealed that Sarawak, which is rich in its oil and gas reserves could greatly benefit from adopting Norway’s model of resource management. Citing Norway’s Sovereign Wealth Fund as a key example of how a resource-rich nation can secure its economic future, the Professor of