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BUSINESS and politics are synonymous in Sarawak. With political changes taking place, the dynamics of business could well change. Below are six stocks investors should pay close attention to:
PETALING JAYA: Sarawak-linked counters were sprinkled across the loser’s list of stocks on Bursa Malaysia following news that Chief Minister Tan Sri Abdul Taib Mahmud might step down soon. Cahya Mata Sarawak Bhd (CMSB), which is some 43% owned by Taib’s family, was among the biggest losers of the lot, finishing 2.6% down to RM7.24.
KUCHING: The Sarawak timber industry can boost the export of its products through research collaboration in innovation with stakeholders in the materials technology sector, Chief Minister Tan Sri Abdul Taib Mahmud said Tuesday.
The bumiputera entrepreneur development unit in the Sarawak Chief Minister's Department needs to be restructured to incorporate a market research section, Chief Minister Tan Sri Abdul Taib Mahmud said.