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Sarawak signs agreement with World Bank, federal gov’t to introduce State ownership policy for State-owned enterprises

Summary by DayakDaily
By Dayangku Hidayatul KUCHING, Oct 2: Sarawak has signed a three-year Reimbursable Advisory Services (RAS) Agreement with the World Bank and the federal government to help the State strengthen the governance of State-Owned Enterprises (SOEs). Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said Sarawak has engaged with the World Bank in order to reshape its public financial management because resources should be managed with pruden…
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DayakDaily broke the news in on Thursday, October 2, 2025.
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