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Tag: Economy

Sarawak Overhauls State Enterprise Governance

Sarawak is transforming its state-owned enterprises to boost economic growth and improve overall corporate governance. This new programme aims to make these organisations financially independent and highly profitable by the year 2030 through strict accountability and major strategic reforms.

From Oil’s Black Gold to Ink’s Lasting Legacy

Miri is betting its post-oil future on literature, seeking UNESCO status by 2027 to transform from an extraction town to a cultural hub. The bid aims to diversify the economy through literary tourism and preserve the region's rich oral heritage, following Kuching's successful gastronomy model as a blueprint.

Niah’s True Legacy Lies Beyond the Plaque

Niah's UNESCO status is not an endpoint but a starting point for Sarawak. Its true significance now hinges on delivering economic and social dividends to Batu Niah through sustainable tourism, infrastructure, and community-based initiatives that honour its 50,000-year-old heritage.

Cutting Red Tape, Boosting Productivity

Malaysia's Bureaucratic Red Tape Reform streamlines public services, slashing compliance costs by RM2.01 billion. By leveraging AI and simplifying procedures, the nation significantly boosted its global competitiveness ranking.

Beyond the Degree

Technical and Vocational Education and Training (TVET) is a proven solution to the global skills gap caused by rapid technological change. With graduate employability exceeding 94% in Malaysia and strong industry partnerships, it offers competitive salaries and inclusive development. Investing in TVET ensures a skilled workforce ready for future economic challenges.

Halal Tourism as Catalyst for Local Product Growth

Halal tourism is a rapidly expanding niche in the global tourism industry that caters to the specific cultural and religious needs of Muslim travellers. It integrates halal food, prayer facilities, family-oriented services, and Muslim-friendly accommodations, forming a unique tourism ecosystem.

Worldwide News, Local News in Sarawak

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