KUCHING: Kuching city is one of the sought-after destinations for Malaysian travellers. In a statement Traveloka said other top domestic choices are Kuala Lumpur, Kota Kinabalu, Kota Bharu and Penang. It said during its 10.10 Travel Fest, travellers had looked up destinations that offer a variety of scenic landscapes, cultural
KUCHING: Malaysia’s international reserves held by the Central Bank of Malaysia (BNM) stood at USD119.6 billion (USD1=RM4.30) as of Oct 15, 2024 compared to US$119.7 billion on Sept 30, 2024.In a statement, the bank said that this figure was calculated based on its assets and liabilities, which totaled USD596.87 billion
KUCHING: The government’s decision to increase the minimum wage to RM1,700 by February 2025 has been met with both optimism and concern. Economist Abu Sofian Yaacob welcomed the move, saying it would boost employee morale and productivity. While acknowledging that some businesses might face short-term cost increases, he argued that
KUCHING: The abolition of Sales and Service Tax (SST) on consumer goods with the exception of a few items is expected to bring down the cost of living for the majority of consumers. However, Dayak Chamber of Commerce and Industry (DCCI) advisory panel member Datuk Leonard Martin Uning said the
KUCHING: The business community has urged for greater clarity on the government’s proposed expansion of the Sales and Services Tax (SST). “We need to know the exact scope of fee-based financial services that would be affected by the proposed SST expansion and whether the rate will be revised,” said Datuk
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
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
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
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
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
