Author: Noor Syahhira Hady

SMEs need more funding, says DUBS

KUCHING: The Sarawak Bumiputera Entrepreneurs Chamber (DUBS) has urged the state government to increase budget allocations for Small and Medium Enterprises (SMEs), especially Bumiputera SMEs and micro businesses. “The RM3.1 million allocated for capacity building initiatives may not be sufficient to address the needs of SMEs statewide,” its president Datuk

Budget surplus shows prudent financial planning

KUCHING: Sarawak’s Budget 2025 is expected to significantly bolster the state’s economic growth, particularly in rural areas and infrastructure projects. Universiti Malaysia Sarawak (Unimas) Faculty of Economics and Business (FEB) Industry and Community Engagement Deputy Dean Dr Nur Zaimah Ubaidillah said an increased focus on rural development will play a

RM10.9bil allocation in State Budget to address income inequality

KUCHING: The unveiling of RM10.9 billion allocation for development expenditure in the State Budget ‘25 is designed to tackle the persistent issue of income inequality. Universiti Malaysia Sarawak (Unimas) economist Dr Dzul Hadzwan Husaini pointed out that while Sarawak is recognised as a high-income state at the macro level, disparities

A boon for low-income households

KUCHING: The State Budget ‘25 has been hailed as the best budget for low-income earners by the Dayak Chamber of Commerce and Industry (DCCI). DCCI supreme council member Bell Bernard said the budget demonstrated the government’s commitment to inclusivity. “I am very happy with this year’s budget. It provides much-needed

RM14bil tax revenue reflects economic growth, strategic policy

KUCHING: Sarawak’s achievement of RM14 billion in tax revenue this year reflects the state’s robust economic growth and the effectiveness of its strategic and pragmatic policies. Associated Chinese Chambers of Commerce and Industry of Sarawak (ACCCIS) president Kong Chiong Ung said this milestone underscores the diligence and innovation of the

SBF fears RM3.1m may not be quite enough

KUCHING: A greater investment in capacity-building and strategic support for entrepreneurs across Sarawak is needed to bolster the local small and medium-sized enterprises (SME). Sarawak Business Federation (SBF) secretary-general Datuk Jonathan Chai expressed his concern that the RM3.1 million allocated for capacity-building programmes might fall short in covering a wide

State Budget to boost Sarawak’s economy, quality of life

KUCHING: The State Budget ‘25 is viewed as a significant step in enhancing the lives of Sarawakians while aiming to elevate the state’s economy. Economist Abu Sofian Yaacob emphasised that the Budget prioritises citizens’ welfare, promotes a higher quality of life, and supports Sarawak’s trajectory toward becoming a developed state.

All-encompassing budget impresses SFCA

KUCHING: The Sarawak Federation of Chinese Associations (SFCA) has lauded Sarawak’s Budget 2025 as expansionary, inclusive and visionary. Its president Datuk Richard Wee commended the government’s continued commitment to expanding allocations for infrastructure projects, which aim to enhance connectivity and open up rural areas for economic activities. “All these projects,

Budget expansionary approach to stimulate economic growth

THEMED ‘Together Building a Prosperous Future’, the State Budget ‘25 is continuing its expansionary approach by proposing an increase in government spending to stimulate economic growth. The Budget outlines a significant rise in both operating and development expenditure from RM13.6 billion in 2024 to RM15.8 billion in 2025, marking an

Robust plan to shift to technology-driven economy

SARAWAK will advance its digital transformation efforts with a robust plan to shift from a non-renewable resource-based economy to a technology-driven one under the State Budget ‘25. According to Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg, digital infrastructure is one of the key enablers to bridge the digital