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Borneo Post
14-05-2025
- Business
- Borneo Post
Sarawak's natural capital to play major role in addressing global economic issues, says Premier
Abang Johari (right) and RH Group managing director Datuk Tiong Thai King jointly launch the 50th anniversary celebration. SIBU (May 14): Sarawak is poised to play a major role in solving global economic problems with its abundant natural assets that have not been disturbed, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. He said Sarawak is fortunate to have its forests as a carbon sink, hydrogen to supply energy, and people who can be trained to handle the system. 'This is a new terminology, meaning we have the natural capital, the human capital, and through innovation and entrepreneurship, we can improve the process in the global economic ecosystem,' he said at Rimbunan Hijau Group's Golden Jubilee Celebration here last night. Abang Johari said during his recent visit to the United Kingdom, a London School of Economics professor had deliberated on how to solve global economic problems and said Sarawak is very fortunate to be in its part of the world in Borneo. 'They say we have the natural capital and we are going to be the main player in this part of the region. And with the success of RH Group, I am sure Sarawak will continue to be `hijau, hijau, hijau' (green),' he said to much applause. The Premier pointed out that in the early 1970s, Sarawak's economy was based on agriculture, exporting pepper, illipe nuts, and agricultural products that gave the state substantial returns. However, he said the government had to explore a more revenue-based economy in the later part of the decade. 'A lot of small timber companies were then merged into sizeable companies and one of the companies that faced the challenges to get involved in the new spectrum of timber industry was Rimbunan Hijau,' he said. Abang Johari congratulated RH Group for weathering the challenges and uncertainties over the last 50 years. 'You did not only confine to timber but diversified your portfolio and now it is a global entity with roots from Sarawak but functioning globally in Asia, Russia, and many other parts of the world. We are proud of you,' he said. He pointed out the global economy has changed and the world is now facing a new crisis of climate change. With its green economy and natural resources, he said Sarawak will play a major role globally to mitigate carbon emissions. 'That is why we have come up with the Post Covid-19 Development Strategy and this strategy work on three pillars on economic prosperity, social inclusivity, and environmental sustainability,' he said. abang johari lead natural capital RH Group
Borneo Post
13-05-2025
- Business
- Borneo Post
Sarawak must lead on global sustainability stage, says Premier
(From second left) RH Group managing director Datuk Tiong Thai King and Dr Sim pose with to the RH Group Tower scale model. SIBU (May 13): Sarawak must continue to position itself as a global player in the fields of clean energy, digital economy, and sustainable development, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. He said for this reason, more corporations should join the effort to power industries with clean energy and project Sarawak's leadership on the global sustainability stage. Abang Johari said his recent visit to the United Kingdom further reinforced his belief on this matter. 'We engaged with leaders in green hydrogen technology and sustainable urban planning, and I am encouraged by the potential for future collaborations that can benefit both our public and private sectors. 'Our ambition is to position Sarawak as the Asean powerhouse for clean energy. We are aiming to generate up to 15 gigawatts of renewable energy by 2035 through hydroelectricity, floating solar farms, and hydrogen production. 'This transition towards a green economy is not just an environmental imperative. It is a strategic opportunity,' he said in a speech for the launching of the Rimbunan Hijau (RH) Group Tower new facade and interior renovations here today. The event also marked RH Group's 50th golden jubilee celebration. Abang Johari's speech was read by Deputy Premier Datuk Amar Dr Sim Kui Hian. On the event, Abang Johari said it closely aligned with his broader vision for Sarawak's economic transformation. 'I have projected that Sarawak's gross domestic product (GDP) will surpass 5 per cent in 2025, supported by strategic investments in infrastructure, green technology, and digital innovation. 'The state's allocation of RM15.8 billion for development underscores our strong intent to uplift public services, drive equitable progress, and secure lasting prosperity. 'I am heartened to see RH Group playing an active role in this journey through continuous reinvestment and modernisation, which mirrors the development momentum we are building across Sarawak,' he said. Abang Johari also praised RH Group for being a cornerstone of the local economy, a testament to the vision and dedication of its founders and the hard work of its employees. 'Rooted deeply in Sarawak soil, RH Group has blossomed, creating countless opportunities for our people and empowering families across the nation. You have not only built a successful enterprise but have also built livelihoods and futures for so many. 'Beyond our borders, RH has carried the Sarawak spirit onto the global stage, showcasing the quality, innovation, and determination that define us. You have become an ambassador for our nation, building bridges and forging partnerships that bring pride to our homeland. Furthermore, your contributions extend beyond economic prosperity,' he said. He added RH Group has consistently been a valuable partner in achieving the government's policy objectives, demonstrating a deep understanding of national aspirations, and a willingness to contribute to collective progress. abang johari lead RH Group
Barnama
21-04-2025
- Business
- Barnama
RH Group Celebrates 50 Years Of Growth And Global Impact
SIBU, April 21 (Bernama) -- The Rimbunan Hijau (RH) Group is celebrating its 50th anniversary this year, marking its transformation from humble beginnings in Sibu into a global conglomerate with diversified ventures across continents. Speaking at a press conference here today, RH Group Managing Director Datuk Tiong Thai King paid tribute to the company's founder, his elder brother Tan Sri Sir Tiong Hiew King, whose vision and leadership laid the foundation for RH's enduring success. 'Over the past five decades, with the grace of God and everyone's blessings, RH Group has grown beyond Sarawak and Malaysia and now holds a significant international presence,' he said. He credited the group's achievements to unity and perseverance, stating that this milestone belongs not just to the Group but to every colleague around the world who has contributed to the journey. To celebrate its Golden Jubilee, RH Group has planned a series of events involving employees and the public. A major highlight will be the 'Night of Gratitude and Celebration' on May 12 at Dataran Tun Tuanku Bujang. Deputy Prime Minister Datuk Seri Fadilah Yusof has been invited to be the guest of honour at the event, which will feature a drone performance involving 330 drones, a 12-minute musical fireworks display, and a stage performance by popular singer Shila Amzah. The group also announced the launch of the 'RH Group Golden Jubilee Drone & Pyro Musical Fireworks Show Photography and Videography Contest 2025,' aimed at encouraging public creativity and engagement. On May 13, Sarawak Premier, Tan Sri Abang Johari Tun Openg, will unveil the newly renovated facade and interior of Menara Rimbunan Hijau at 10 am. Later that evening, a Golden Jubilee Gala Dinner will be held at Dewan Chancellor, Universiti Teknologi Sarawak, which will also be attended by the Sarawak Premier.
