Saturday, 28 February 2026

Category: Business

SOEs accounts for 20% global investment

KUCHING: State-owned enterprises (SOEs) hold assets of US$45 trillion and in some countries account for up to 60 per cent of Gross Domestic Product (GDP),

Govt spending to hit record RM430 bil

KUALA LUMPUR: Kenanga Investment Bank Bhd expects federal government spending to hit a record high of RM430.3 billion next year amid growing operating expenditure (OE)

New reforms for state-owned firms

KUCHING: Sarawak has begun a new phase of reforms to strengthen accountability in its state-owned enterprises, with digital oversight, results-based budgeting and a roadmap for

EPF raises stake in Dayang Enterprise

KUCHING: The Employees Provident Fund (EPF) Board has steadily built up its stake in Dayang Enterprise Holdings Bhd since emerging as a substantial shareholder in

SEDC cuts stake in Cahya Mata Sarawak

KUCHING: Sarawak Economic Development Corporation (SEDC) has further trimmed its shareholdings in Cahya Mata Sarawak Bhd (CMS), with the disposal of 169,700 shares on September