Sarawak

The Malaysian government has worked to position itself as the world’s Islamic financial centre, with Sarawak now home to a variety of Islamic financial institutions as well. The federal authorities have largely achieved this through several major steps. In 2006 the government both established the Malaysia International Islamic Financial Centre and liberalised regulations on...

The Sarawak Corridor of Renewable Energy (SCORE) was largely responsible for Sarawak’s receiving the most foreign direct investment (FDI) of any of Malaysia’s states over the first nine months of 2014, valued at RM8.7bn ($2.6bn). In all, the corridor has generated a cumulative investment value of RM32.9bn ($10bn) between its launch in 2008 and...

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.

Small and medium-sized enterprises (SMEs) in Sarawak are on course for strong growth, as more tap into spinoff projects generated by increased investment in the state’s special economic zone, and federal and state governments urge SMEs to set up shop in Sarawak. While access to credit has been an obstacle to growth, some banks are now offering...

The case could be made that no other state in Malaysia is of as much current and historical importance to the country’s on and offshore hydrocarbons industry than Sarawak. The Sarawak basin is one of Malaysia’s richest geological areas for hydrocarbons development, particularly natural gas. It was here that Malaysia’s first oil well, the...

Supplying more than one-third of the world’s total crude palm oil (CPO), according to US Energy Information Administration figures, Malaysia has traditionally used only a small fraction of what is produced as a feedstock for biodiesel, opting instead to export most of its output. Slowly and surely, however, local biofuel production has been on...