The week at a glance

Sabah’s manufacturing sector attracts RM890.7 mln investment in 9M19

Sabah’s approved investments in its manufacturing sector had expanded by more than 84 per cent to RM890.7 million within the first nine months of 2019 (9M 2019) compared with RM140.9 million recorded in the same period last year.

CMS Roads puts Sarawak on the map with International Roads Federation Awards win

CMS Roads Sdn Bhd ( CMS Roads), a wholly- owned subsidiary of Cahya Mata Sarawak Bhd (CMS), was recently among just 12 elite road industry companies from around the world to be recognised by The International Road Federation (IRF) at their prestigious annual Gala Awards Dinner in Las Vegas, Nevada.

Increased water tariffs have no impact on Sarawak Energy’s AAA rating

RAM Ratings opines that Sarawak Energy Bhd’s (SEB) AAA/Stable rating will remain intact despite the recently announced water tariff for generation of electricity. As part of Sarawak’s efforts to expand its revenue base, the state announced a tariff revision for taking or impounding of water from any river or stream for electrical energy under budget for 2020.

Sabah can be industrial state via smart partnership

A smart partnership between government agencies and small and medium enterprises (SMEs) can help Sabah achieve its aim of becoming an industrial state by 2030, says Deputy Chief Minister Datuk Seri Wilfred Madius Tangau.

Borneo Waste Industries offers ECF investors clear exit

Borneo Waste Industries Sdn Bhd (BWI) is offering investors a clear and relatively early exit at the launch of its equity crowdfunding (ECF) campaign with Ata Plus. In this ECF round, BWI is prepared to offer investors a 6.7 per cent stake in the company for a very favourable RM3 million.

Maybank champions women leadership development in Sarawak

Recognising the importance of diversity in leadership development and to further integrate the culture of mentorship within the Group, Maybank has launched its Satellite Women Mentor Women (WMW) Council in Sarawak. This Council aims to advance women leadership across Maybank by overcoming geographical barriers and facilitating access to leadership for identified talents in the Group.