Abang Jo: Sarawak optimistic on SST earnings from petroleum products this year

  • 📰 malaymail
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

KUCHING, June 26 — Sarawak can expect another ‘bountiful harvest’ in the earning of the State Sales Tax (SST) on petroleum products this year, said Premier Datuk Patinggi...

KUCHING, June 26 — Sarawak can expect another ‘bountiful harvest’ in the earning of the State Sales Tax on petroleum products this year, said Premier Datuk Patinggi Abang Johari Tun Openg.

“Based on the difference of about 40 to 50 dollars per barrel you can calculate now what we are going to get at the end of this year. I think we can have another Gawai end of the year, meaning once you have the financial strength, we can achieve what we have planned under the Post Covid-19 Development Strategy,” he said.

He thanked the Dayak community for their support to GPS in the last state election which saw the coalition winning 76 out of the 82 seats at stake.“We have managed to a certain extent to get our power back from the federal government. We have incorporated MA63 and the IGC in our Federal Constitution.

“Lately we got a lot of people coming into Sarawak to establish their investment here. I think our future is bright based on this feedback that we got.On another matter, he said the Dayaks have land as their assets but they cannot leave their lands idling. Also present at the dinner were Deputy Premiers Datuk Amar Douglas Uggah Embas and Datuk Sri Dr Sim Kui Hian, State Legislative Assembly speaker Tan Sri Datuk Amar Mohd Asfia Awang Nassar and state and federal ministers and deputy ministers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines