◉ 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

Worrying number of youth spending 18 hours on social media daily: MCMC 

The Malaysian Communications and Multimedia Commission has drawn attention to the substantial number of young individuals who spend extended periods online, expressing concerns about harmful aspects of specific social media platforms. 

Penang’s shores in peril: a deadly mix of climate change and coastal development”

Rising sea levels, erratic weather, and unchecked development are driving coastal erosion to alarming new heights in Penang, threatening both nature and livelihoods.

Short-lived La Niña expected in early 2026, but stable weather to follow

MetMalaysia forecasts cool conditions and brief shifts in rainfall patterns before returning to normal

◉ Related