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Overview

Sarawak's SCORE attracts investment thanks to natural resources, developing facilities and geographic allocation
OBG
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One of five regional economic corridors being developed throughout the country, the Sarawak Corridor of Renewable Energy (SCORE) is part of the federal government’s national agenda to propel the country into achieving high-income nation status by 2020. SCORE’s game-plan for transitioning Sarawak into a high-income state is premised on transforming its economic base towards advanced industry…

Overview

Mega-projects will bring greater opportunities to Sarawak's finance sector
OBG
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The financial services sector in Sarawak is an important and growing part of Malaysia’s financial world, with many national and international financial institutions heavily involved in the state’s development and investment programmes. From large, multinational funds to local Malaysian banks, these players have historically been drawn to the state in large part by the opportunities available…

Overview

Sarawak directs investment towards various sectors of the economy
OBG
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Traditionally known for its lucrative oil fields, oil palm plantations and the mystique of its diverse Borneo rainforests, the Malaysian state of Sarawak is in the midst of an historic makeover that is irrevocably transforming its economy, alongside its social and cultural landscape. In tandem with the government’s overarching development goals to modernise the economy and boost revenues…

Overview

Substantial infrastructure investments diversify Sarawak's economy
OBG
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Sarawak’s wealth of vast natural resources has historically steered the state’s economy towards the easily-monetised extractive industries such as oil and gas production, and timber harvesting, followed later by large agricultural plantations specialising primarily in palm oil production. While these sectors continue to dominate Sarawak’s economic DNA, significant improvements in transportation…

Overview

Resource-rich Sarawak develops value-added industries
OBG
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Sarawak is one of the two states comprising East Malaysia along with neighbouring state Sabah to its north-east and the federal territory of Labuan situated off the north coast of Borneo. The state has long held a unique place within the Malaysian political sphere and the national economy, due both to its geographic location and its long history. The State's History & Recent Past Sarawak spent…
Interview

OBG talks to Sudarnoto Osman, CEO, SACOFA
OBG
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Interview:Sudarnoto Osman What steps are being taken to expand the state’s mobile telecoms network to all rural areas within the timeframe allocated by Malaysia’s Vision 2020? SUDARNOTO OSMAN: We must first differentiate between the speeds and services being offered, and whether the technology is 2G or 3G. Urban areas in Sarawak are entirely covered by 2G technology, and around 80% have…
Interview

OBG talks to Professor Abdul Rahman Arshad, Chancellor of UCSI University
OBG
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Interview:Professor Abdul Rahman Arshad In the context of the broader Malaysia development plan, what do you think are the most important educational policy priorities? ABDUL RAHMAN ARSHAD:Sarawak is one of the fastest-growing regions in Malaysia, thus it plays a very important role in the country’s development plan, the 11th Malaysia Plan (2016-20). For our part, the UCSI University…
Interview

OBG talks to Mohamad Abu Bakar bin Marzuki, Director, Yayasan Sarawak
OBG
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Interview:Mohamad Abu Bakar bin Marzuki What is the technical education sector doing to address growing industry demand for manpower? MOHAMAD ABU BAKAR BIN MARZUKI: One of the major challenges for the development of the Sarawak Corridor of Renewable Energy (SCORE) is the provision of adequate manpower for the industries present in the corridor. Not many students want to pursue technical education,…
Interview

OBG talks to Charlene Chan, Manager, Citadines Uplands Kuching
OBG
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Interview:Charlene Chan What factors are driving major international players in the hospitality segment to invest in Sarawak? CHARLENE CHAN: Sarawak’s tourism sector has experienced moderate growth over the past few years, with increases in tourist arrivals, occupancy rates and average room rates. In 2015 foreign and domestic tourist arrivals into Sarawak are expected to exceed the 4.3m visitors…
Interview

OBG talks to Mike Cannon, Managing Director, Sarawak Convention Bureau (SCB)
OBG
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Interview:Mike Cannon What is being done to improve Sarawak’s global standing as a destination for conventions? MIKE CANNON: Since the establishment of the SCB in 2006, the business events industry in Sarawak has shown tremendous growth. This has contributed to opportunities for education, research, export trade, foreign exchange and corporate social responsibility (CSR) through the conferences…