◉ HEADLINES

Sarawak targets taking over another entity to boost entrepreneurship

Premier Tan Sri Abang Johari Openg says announcement coming in a month or two

9:44 PM MYT

 

KUCHING – Sarawak is expected to progress further this year as the state government is aiming to take over another entity that will boost its business and entrepreneurship sector. 

Without disclosing the entity involved, Sarawak Premier Tan Sri Abang Johari Openg said the takeover will be announced in a month or two and it is one of the three major organisations that will be fully owned by the state this year.

“There are three entities we are going to take over in 2024. The first one (Bintulu Port) was done, the second one will be announced soon, and the third one is of course, MASWings Sdn Bhd. Then (after taking over), we will have the whole economic system for Sarawak,” he told reporters here today.

In his speech at the Amanat Perdana Premier Sarawak 2024 programme, Abang Johari hinted that there would be good news for local businesses and entrepreneurs as the state government was planning to help them.

“… I just cannot announce it today. We have to have strategic entities for us to move forward.

“We once applied for a digital bank licence but it was not approved. So, I think this is a blessing in disguise for us,” he said.

In 2022, it was reported that Bank Negara Malaysia did not approve the application by the Sarawak government to obtain a digital bank licence. – January 12, 2024

Topics

 

◉ Popular

Smoking to cost more: BAT Malaysia lights up price tags with new cigarette rates

Cigarette prices for top brands will rise between RM12.40 and RM18.40 per pack starting November 21, 2025

Selangor to host Sukma 2026 from Aug 15-24, Para Sukma in September

Over 10,000 athletes expected as Selangor aims to reclaim overall crown; official logo and mascot to be unveiled next month

Malaysia eyes next-generation combat aircraft in 2030s, FA-50s arrive by year-end: Khaled

Defence Minister says phased delivery of 18 FA-50 jets will strengthen air force capabilities

◉ Related