State explores cutting-edge energy storage solutions
BY ALEXANDRA LORNA & NURIN PATRA KUCHING: The Sarawak government is investing in research and exploring advanced energy storage technologies, such as pumped storage hydropower. In stating this, Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the state’s commitment to sustainability started early, evident in its investments in renewable energy since the early […]
State’s investment in tomorrow’s leaders
BY NATASHA JEE & AMYRA VARKISA SIBU: The Sarawak government will ensure that the state’s revenue is used to benefit the people, particularly through education. Premier and Parti Pesaka Bumiputera Bersatu (PBB) president Datuk Patinggi Tan Sri Abang Johari Tun Openg said that free tertiary education will be provided to Sarawakian children studying at state-owned […]
Sarawak mulls asset management entity to boost long-term government revenue
BANDAR SERI BEGAWAN: The Sarawak government plans to set up a consolidated entity as an asset management and investment of the government. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said he had instructed a study to be carried out by experts to determine its feasibility aimed at increasing government revenue for the long […]
LTAT remains key Affin Bank shareholder despite Sarawak govt stake acquisition
KUCHING: The Armed Forces Fund Board (LTAT) remains a key shareholder in Affin Bank, despite the Sarawak government acquiring part of its stake in the bank. Deputy Defence Minister Adly Zahari said that as an institution responsible for managing the retirement funds of armed forces personnel, the Sarawak government’s acquisition of a portion of LTAT’s […]
Sarawak govt yet to have representative on Affin Bank’s Board, says Abang Jo
KUCHING: Despite being the largest shareholder in Affin Bank, the Sarawak government does not have any representative in Affin’s board at the moment, Datuk Patinggi Tan Sri Abang Johari Tun Openg has disclosed. “However, we have already appointed a candidate for the position,” said the Premier. He said this during a press conference after witnessing […]
No interference in Affin Bank’s Management
KUCHING: The Sarawak government will not interfere in Affin Bank’s management even though it has become the largest shareholder with a 31.25 per cent stake, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. Abang Johari affirmed that the bank would operate independently, especially regarding its economic development initiatives. He said that although the […]
Powerhouse alliance to shake up banking
KUCHING: The Sarawak Government’s partnership with the Armed Forces Fund Board (LTAT) and Boustead Holdings Berhad through the Share And Purchase Agreement (SPA) marks a significant milestone in AFFIN Bank’s growth strategy. AFFIN Bank President and Group Chief Executive Officer, Datuk Wan Razly Abdullah, said the SPA aligns with the bank’s vision to become the […]
Sarawak explores biomass producing grass next
BY NATASHA JEE & NURA VALENTIANA LORNA KUCHING: The Sarawak government is expanding its renewable energy efforts by exploring the cultivation of grass species capable of producing biomass. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said a company in the state has achieved this, making Sarawak the first in the region to produce […]
Sarawak hopes Malaysia will remain stable politically
SRI AMAN: The Sarawak government is relieved that the country’s political climate has stabilised and hopes that it can be maintained. In stating this, Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the political stability would enable the country to focus on development efforts and achieving the status of a respected nation in […]
Sarawak to consider proposal to expand HDRAS policies
KUCHING: The Sarawak government will consider the proposal to expand the Housing Deposit Repayment Assistance Scheme (HDRAS) policies, in line with the announcement of the Madani deposit initiative. Deputy Premier Datuk Amar Dr Sim Kui Hian said he would present the matter to Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg for a holistic […]