S&P affirms 'A-' long-term issuer credit ratings on Sarawak
Larger Smaller Reset KUALA LUMPUR (Dec 22): Standard & Poor's Ratings Services (S&P) has affirmed its 'A-' long-term issuer credit ratings on Sarawak with a stable outlook. The rating agency also affirmed the 'axAA' ASEAN scale rating on Malaysia. A

More areas to be allocated for cocoa plantations in Sarawak
KUCHING: The Malaysian Cocoa Board is opening up more areas for cocoa cultivation by smallholders in Sarawak, which saw its total planted area more than doubled in the past five years. Sarawak regional officer, Nurjayadi Abdullah said the total cocoa

Sarawak rural areas to get 200 communication towers
PAKAN (Sarawak): At least 200 telecommunication towers will be built in rural areas in Sarawak to facilitate Internet connectivity, said Deputy Information, Communication and Culture Minister Datuk Joseph Salang. He said on Tuesday, July 12 contracts

Court sets Aug 3 for Sarawak CM's objection to Ambiga's suit
KUALA LUMPUR: The High Court has set Aug 3 to hear the Sarawak Chief Minister's preliminary objection to the leave application for judicial review filed by Bersih 2.O chairman Datuk S.Ambiga to challenge a notice refusing her entry into Sarawak during the

1.5pc payout for Amanah Saham Sarawak
Amanah Saham Sarawak Berhad (ASSB) today announced an interim cash distribution of 1.50 per cent or equivalent to 1.5 sen per unit for the state unit trust fund, Amanah Saham Sarawak (ASSAR) unit holders, for the first half of its financial year

Sarawak gets first GSC Cinema in 2012
KUALA LUMPUR: Golden Screen Cinemas Sdn Bhd (GSC), the leading cinema chain in the country, has targeted to open its first cinema in Sarawak in the second half of next year. GSC, which signed an agreement today to operate the cinema at the City One Mal

Sarawak declares April 11 as public holiday
KUCHING (March 16) : Sarawak has declared April 11 as a public holiday in conjunction with the installation of Yang di-Pertuan Agong Tuanku Abdul Halim Mu’adzam Shah. This was announced by the Sarawak Chief Minister Department’s Public Relations and

Ramunia gets LOI for Sarawak Shell contracts worth RM150m
KUALA LUMPUR: Ramunia Holdings Bhd's unit has received a letter of intent (LOI) from Sarawak Shell Bhd for two contracts valued at RM150mil. It said on Friday that Ramunia Fabricators Sdn Bhd had received the LOI for the fabrication of two substructure

AmResearch 'overweight' on Sarawak Energy
AmResearch has made an 'overweight' call on Sarawak Energy Bhd (SEB), backed by its target to set aside RM22 billion to expand its footprint over the next 10 years. In a research note today, AmResearch said SEB has signed a power purchase agreement

Sarawak plywood prices likely to firm up again
KUCHING: Sarawak's plywood prices are expected to firm up again as Japanese importers have resumed buying for reconstruction activities after March's devastating earthquake and tsunami. Sarawak Timber Association panel products' committee chairman

Sarawak Cable's follow-through rebound likely
THE FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) consolidated in tight trading range yesterday. Advancing counters outpaced declining counters by 389 to 306. The FBM KLCI rebounded from its intra-day low of 1,576.37 to its intra-day high

Sarawak Cable on acquisition path
KUALA LUMPUR: Sarawak Cable Bhd is embarking on a series of acquisitions to strengthen its core businesses of steel fabrication and the installation and commissioning of transmission lines. The company, which had asked for a suspension of trading for

Six companies to invest RM300mil in Sarawak oil palm estates
KUCHING: Six plantation companies, including one from Peninsular Malaysia, are expected to invest over RM300mil to open up some 33,200ha of native customary rights (NCR) land in Sarawak for oil palm development. The six Palmraya Plantation Sdn Bhd,

KKB sees busy days ahead
KUCHING: KKB Engineering Bhd, which has secured contracts worth some RM370mil in the Sarawak Corridor of Renewable Energy (Score), is expecting more jobs as energy-intensive industries kick-start the construction of their manufacturing facilities in the

SEB wants to use transmission line for SCORE to build another dam
KUCHING: A 275kV transmission line currently being built to channel electricity generated by the Murum hydro dam to the Sarawak Corridor of Renewable Energy (SCORE) may be re-routed to faciliate the construction of another dam in Balepeh. Sarawak Energ