Sarawak posts lower revenue on slowdown in oil-and-gas sector


Sarawak posted a total revenue of RM5.91bil last year, a decrease of 15%, compared with RM6.955bil in 2015.

Second Finance Minister Datuk Seri Wong Soon Koh said the decrease in revenue of RM1.045bil was mainly because of lower dividend from oil-and-gas companies and lower cash compensation in lieu of oil-and-gas rights.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Others Also Read