Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
    Login
    Create account
    tvsarawak
    tvs…
    11
    191
    3
    3k
    3

    Sarawak's Booming Economy: RM4.3 Billion Revenue in 2025

    Sarawak's Strong Start: RM4.3 Billion Revenue Collected in First Four Months of 2025 Sarawak, Malaysia, has reported a robust start to 2025, with the state government collecting RM4.3 billion in revenue by the end of April. This positive financial performance was highlighted by Deputy Chief Minister Datuk Amar Douglas Uggah Embas, who emphasized the stability of the revenue streams over the first four months of the year. The significant revenue collection reflects the state's economic strength and diverse revenue sources. "This shows a stable performance," stated Datuk Amar Douglas Uggah Embas, underscoring the positive economic indicators for Sarawak. The RM4.3 billion figure comprises various sources. Sales tax contributed significantly, totaling RM1.76 billion. Royalties from oil and gas production added another RM1.17 billion, showcasing the continuing importance of these natural resources to the state's economy. Land premiums generated RM59 million, and other sources, including forestry and water sales, added to the overall revenue. This financial success underscores the effectiveness of Sarawak's economic strategies and its potential for continued growth. The strong revenue collection positions Sarawak favorably for future investments and development projects, contributing to the state's overall economic prosperity and sustainable growth.

    2 months ago
    MY
    Kuching, Malaysia
    news summary
    revenue
    Sarawak's Economic Growth Driven by Domestic Demand and Strategic Initiatives
    Sarawak's Economic Growth Driven by Domestic Demand and Strateg…
    501awani
    2mo ago
    MY
    3k
    Sarawak's Tourism Soars: ASEAN Drives Economic Growth
    Sarawak's Tourism Soars: ASEAN Drives Economic Growth
    501awani
    2mo ago
    MY
    1k
    Malaysia's April Trade Booms: RM219.4 Billion in Trade, but Regional Disparities Emerge
    Malaysia's April Trade Booms: RM219.4 Billion in Trade, but Regiona…
    501awani
    2mo ago
    MY
    3k
    Malaysia's April Trade Hits Record RM219.4 Billion
    Malaysia's April Trade Hits Record RM219.4 Billion
    501awani
    2mo ago
    MY
    3k
    newstik.info@gmail.com