VentureTECH grooms industry leaders

VentureTECH grooms industry leaders

Source: Published by NST Business on May 14, 2019 at 1:53PM (File pix) VentureTECH managing director Dr Norida Abdul Rahman says it is highly driven to achieve inclusive societal as well as environmental results. VENTURETECH Sdn Bhd is geared towards its commitment to contribute to the country’s economy by growing local industry players in high value-added and hightech sectors with socio-economic multipliers. An investment company mandated by the government through the Economic Planning Unit (now Economic Affairs Ministry) to encourage the participation of Malaysian businesses in strategic high growth industries, VentureTECH primarily invests in local companies. Its managing director Dr Norida Abdul Rahman said the Malaysian economy had reached a defining moment in its development path. “This comes with the risks of being left behind unless the various industries that are contributing to the nation’s growth move up the value chain to become producers or manufacturers of higher value products and services,” she said. “To keep abreast with these developments and to unlock the shift in...
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VentureTECH invests RM100 mln to support high-tech businesses

VentureTECH invests RM100 mln to support high-tech businesses

Source: Published by Borneo Post Online on June 5, 2019, Wednesday at 12:51 AM < p style="text-align: center">Dr Norida Abd Rahman CYBERJAYA: VentureTECH Sdn Bhd, an investment company for high value-added and emerging industries, has invested about RM100 million in 13 investee companies since its inception a decade ago. Its managing director, Dr Norida Abd Rahman said as an investor with deep roots in quality impact investment, VentureTECH places great emphasis in generating both commercial and societal returns. “Presently, we have invested in 13 investee companies, who are technology leaders in niche sub-sectors, and we are proud of some of these companies for being able to penetrate some of the most challenging markets abroad,” she told Bernama. This, she said included the recent RM10 million investment in CMC Group Sdn Bhd to support the next stage of growth for the country’s leading engineering and construction service provider in the public transportation, info-communication, and power and energy segments. “We have also invested RM20 million in Ain Medicare Sdn...
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New airport likely in Sarawak’s Lawas

New airport likely in Sarawak’s Lawas

Source: Published by The Nation Thailand on May 14, 2012. SARAWAK may get a new airport in Lawas after the Malaysian prime minister gave indications that the project will be prioritised under the country's 10th national development plan, a minister said yesterday. The Sarawak government's request for a new airport in Lawas has drawn positive response from Malaysian Prime Minister Datuk Seri Najib Tun Razak, according to a Bernama report citing Sarawak Minister of Public Utilities Datuk Amar Awang Tengah Ali Hasan. There are indications that the project would be accorded priority under the 10th Malaysia Plan (2011-2015), the minister told reporters following a guest appearance on Radio Television Malaysia's morning talk show "Selamat Pagi Malaysia" in Kuching yesterday. A site for the new airport has been proposed by the state government, which Awang Tengah said should be able to accommodate aircraft such as the ATR-72. The existing airport can only take smaller aircraft such as the Twin Otter. The new airport would also facilitate...
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S’wak govt allocates RM150 mln for Lawas Airport

S’wak govt allocates RM150 mln for Lawas Airport

Source: Published by Rachel Lau from Borneo Post Online on November 23, 2018. Villagers welcome Awang Tengah at Kampung Bangat to officiate the house upgrading programme for the Jalan Punang zone. LAWAS: The State Government is allocating RM150 million for the earthworks of the proposed new Lawas Airport project through the Northern Region Development Agency (NRDA) to make up for the recently slashed funding that was approved by the previous federal government. Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said this at the launch of house upgrading programme for the poor under Jalan Punang zone in Kampung Sungai Bangkat, Lawas on Friday. He said Chief Minister Datuk Patinggi Abang Johari Tun Openg has approved this fund through the NRDA after the approval of the first phase of the project by the former Prime Minister was not honoured by the new federal government. This would be for earth filling  and associated works of the approved site. The State Government has taken over funding of several...
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New airport site to be moved to make way for oil, road projects

New airport site to be moved to make way for oil, road projects

Posted by Philip Kiew from Borneo Post Online on February 5, 2020, Wednesday at 12:01 AM Awang Tengah, with his wife Datuk Dayang Morliah Awang Daud on his left, strikes the traditional Chinese drum to mark the start of the festivities LAWAS: Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan says the Sarawak government will move the site of the proposed new Lawas Airport to facilitate the implementation of proposed US$5-billion integrated oil refinery project and construction of the coastal road. “We want to adjust the site of the new airport as this huge investment project will change Lawas, but the site should not be too near the airport,” he spoke at a Chinese New Year celebration in Lawas Indoor Stadium on Monday night. Awang Tengah, who is also Minister of International Trade and Industry, Industrial Terminal and Entrepreneur Development, said the refinery would be a gamechanger for Lawas and northern Sarawak. “It will generate lots of economic spin-offs, downstream industries, and business opportunities...
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US$5 bil oil refinery, airport in Lawas to be game changer

US$5 bil oil refinery, airport in Lawas to be game changer

Source: Published by O&G LINKS from Borneo Post Online on November 30, 2019 KUCHING: The proposed US$ 5 billion oil refinery in Lawas would be a game changer for development in the northern region of Sarawak and Sarawak economy as a whole once completed, said Chief Minister Datuk Patinggi Abang Johari Tun Openg. Abang Johari said the refinery complex should be completed by 2022 if the current negotiation and preparations were proceeding as scheduled. He made these remarks during a briefing at the Sinopec oil refinery complex in Hainan today. A statement today said the chief minster was leading a delegation of state officials on a two-day fact-finding trip to the Sinopec oil refining facility located at the Yangpu Economic Development Zone in Northwestern Hainan Island. Among the state delegates was Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan, who is Second Minister of Urban Development and Resources and Minister of International Trade and Industry, Industrial Terminal and Entrepreneur Development. An official of Sinopec Engineering...
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Sarawak govt expected to fund three new airport projects

Sarawak govt expected to fund three new airport projects

Source: Published Jack Wong from The Star on Monday, 18 November 2019. MASwings' pilots making a landing at Bario STOLport operated by Malaysia Airports Holdings Berhad. Sarawak has the most number of STOLport in the country due to its rough geographical terrain. - EDDIE CHUA/The Star KUCHING: The Sarawak government is expected to fund three new airport projects costing more than RM780mil to provide and enhance air accessibility in the rural areas. These are the new Lawas airport in northern Sarawak, for which RM480mil has been approved, and two short take-off and landing airports (STOLports). The proposed STOLports are Bebuling in Spaoh in the Betong Division (RM108.3mil) and Bukit Mabong, Tunoh in the Kapit Division (RM193.1mil), according to Sarawak Deputy Chief Minister and Infrastructure and Port Development Minister Tan Sri James Masing. He said the STOLports are currently being designed, with tenders expected to be called in first-quarter 2020. The two STOLports, which will both have a runway length of 780m, will cater to Twin...
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US$5 bil oil refinery, airport in Lawas to be game changer

US$5 bil oil refinery, airport in Lawas to be game changer

Source: Published by Lim How Pim from Borneo Post Online on November 30, 2019, Saturday at 5:07 PM. Abang Johari (front row, fourth right) and other members of his delegation pose for a group photo. KUCHING: The proposed US$ 5 billion oil refinery in Lawas would be a game changer for development in the northern region of Sarawak and Sarawak economy as a whole once completed, said Chief Minister Datuk Patinggi Abang Johari Tun Openg. Abang Johari said the refinery complex should be completed by 2022 if the current negotiation and preparations were proceeding as scheduled. He made these remarks during a briefing at the Sinopec oil refinery complex in Hainan today. A statement today said the chief minster was leading a delegation of state officials on a two-day fact-finding trip to the Sinopec oil refining facility located at the Yangpu Economic Development Zone in Northwestern Hainan Island. Among the state delegates was Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan, who is Second Minister...
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Dayang, Serba Dinamik stand out in O&G results

Dayang, Serba Dinamik stand out in O&G results

KUCHING: Two Sarawakian firms – Dayang Enterprise Holdings Bhd (Dayang) and Serba Dinamik Holdings Bhd (Serba Dinamik) were among the top highlights of the oil and gas sector (O&G) during the review of corporate results for the fourth quarter of 2019 (4Q19). This was on the back of a largely disappointing quarter, said analysts at Kenanga Investment Bank Bhd (Kenanga Research) with half of its sector coverage (or seven out of 15 stocks) reporting results below expectations. “This comes as a huge negative, considering the ‘4Q effect’ whereby analysts already had three prior quarters during the year to readjust earnings expectations,” it said in a sector outlook yesterday. “Key takeaway post-results season is that all of the Petronas-related oil and gas counters posted disappointing results, with Petronas Chemicals Group Bhd and Petronas Dagangan Bhd posting weaker financials, in line with the weaker Petronas Group’s FY19 results. “Meanwhile, fabricators still continued to disappoint during their results, albeit with narrowing losses, even after several quarters of...
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ABG JO RASMI GALERI SONGKET DAN KERINGKAM

ABG JO RASMI GALERI SONGKET DAN KERINGKAM

KUCHING, 6.03.20 - Ketua Menteri, Datuk Patinggi Abang Zohari Tun Openg dan isteri, Datuk Amar Juma'ani Tun Tuanku Haji Bujang hadir bagi menyempurnakan Majlis Pelancaran Galeri Songket Dan Keringkam di Kuching petang ini tadi. Kerajaan Sarawak melalui inisiatif Old Kuching Smart Heritage (OKSHE) hari ini melakar satu kejayaan dengan membuka Galeri Songket dan Keringkam yang pertama terletak di tengah-tengah bandar Kuching. Galeri ini mengetengahkan penggunaan teknologi digital seperti QR Code di mana pengunjung boleh menggunakan aplikasi Sarawak Pay. Selain itu, di galeri ini juga menggunakan nama branding "SARATAGE" bermaksud Sarawak dan Heritage. Di bawah branding SARATAGE, pihak galeri telah bekerjasama dengan pelbagai producer seperti SaraPride, Centexs Heritage Fashion (CHF), Komuniti Songket dan Komuniti Keringkam di seluruh Sarawak. Galeri ini dibuka kepada orang awam setiap hari, bermula jam 9 pagi hingga 6 petang. Petikan daripada Facebook Sarawakku, 6 March 2020...
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