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CPO prices to consolidate at RM4,000 to RM4,300
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Strategy To Power Biomass Sector
24/03/2012 (New Straits Times) - The 1Malaysia Biomass Alternative Strategy (1MBAS) initiative will ensure that the nation and local companies fully benefit from the opportunities created by developing high-value products from biomass. Prime Minister Datuk Seri Najib Razak, who launched the initiative yesterday at Parliament House, said 1MBAS would be coordinated by the Malaysian Innovation Agency, which would serve as a one-stop reference centre managing all government activities relating to biomass utilisation in various sectors.
Government To Fight Foreign Critics With Facts And Figures, Says Tengah
24/03/2012 (The Star) - The state government is prepared to confront foreign critics who are increasingly aggressive in their verbal attacks towards derailing the state’s drive to build more hydro-electric dams and develop oil palm plantations.
Indonesian President Oversees Signing of Agreements With China on Trade, Tourism
24/03/2012 (Washington Post) - Indonesian President Susilo Bambang Yudhoyono has overseen the signing of a series of agreements with regional economic superpower China during a state visit to Beijing.
Exim Bank To Introduce Domestic Trade Insurance
24/03/2012 (Bernama) - Export-Import Bank of Malaysia Bhd (Exim Bank) plans to introduce domestic trade insurance to cover businesses that are traded in Malaysia, by the middle of next year, said managing director/Chief Executive Officer Datuk Adissadikin Ali.
Jaya Tiasa Draws Fresh Interest After Exercise
24/03/2012 (The Star) - Jaya Tiasa Holdings Bhd shares surged to a high of RM8.44 the highest in 12 years but finished short of the intraday high after it announced a bonus issue, share placement and one-for-20 share dividend.
1MBAS Seeks Ways For All To Enjoy Biomass Benefits
23/03/2012 (The Star) - The newly-launched 1Malaysia Biomass Alternative Strategy Initiative (1MBAS) has been tasked to look at ways for all groups to enjoy maximum benefit from opportunities created by developing high-value products from biomass.
Sime Unit In Biomass Pact With Govt,18 Others
23/03/2012 (Business Times) - Sime Darby Bhd's wholly-owned subsidiary, Sime Darby Plantation Sdn Bhd, has signed a MoU with the government and 18 other participants to develop oil palm biomass in the country.
Significant Economic Contributor
23/03/2012 (NST) - The palm oil industry is a significant contributor to the Malaysian economy with over 4.9 million hectares of planted area.
Investors Favour KLK’s Expansion Plan
23/03/2012 (The Star) - Investors are positive about Kuala Lumpur Kepong Bhd’s (KLK) expansion plans for its palm oil operations in Indonesia, as the company’s stock was the top gainer yesterday after rising 40 sen to close at RM23.82.
