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Kuching was revitalised as the capital of Sarawak under the British colonial government. When Sarawak, together with North Borneo, Singapore and the Federation of Malaya, formed the Federation of Malaysia in 1963, Kuching kept its status as the state capital and was granted a city status on 1 August 1988.
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Nov 3, 2017 · THE state-owned Development Bank of Sarawak (DBOS) was officially launched today, and when it becomes operational in January, it will have a paid-up capital of RM500 million. The bank, incorporated on May 11, is a non-prescribed development financial institution incorporated under the Companies Act 2016.
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