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MARKET DEVELOPMENT
16-02-2012

Tan Visits Singapore Business Federation

16/02/2012 (Borneo Post) - Industrial Development Minister Datuk Raymond Tan visited the Singapore Business Federation (SBF) when he was in Singapore recently.

MARKET DEVELOPMENT
16-02-2012

Roundup: Indonesia Revises Down Growth Target On Global Financial Crisis

16/02/2012 (Zamboanga Times) - Indonesia, with a strong economic growth of 6.5 percent in 2011, has cut its growth expectations for 2012, amid fears that the global economic downturn will bite into the exports of the largest economy in Southeast Asia.

MARKET DEVELOPMENT
16-02-2012

Activity At Karachi And Qasim Ports

16/02/2012 (Business Recorder) - The Karachi Port handled 77,420 tonnes of cargo comprising1 32,840 tonnes of import cargo and 44,580 tonnes of export cargo including 3,307 loaded & empty containers during last 24 hours ended at 0700 hours on Wednesday.

MARKET DEVELOPMENT
16-02-2012

Global Slowdown Hits Malaysia

16/02/2012 (Daily Times) - Malaysiaâ€™s economy slowed to an annual pace of 5.2 percent in the fourth quarter, beating expectations as robust consumer demand and heavy government spending helped shield the country from a worsening global outlook.

MARKET DEVELOPMENT
16-02-2012

Hogs, Cattle Futures Rise; Crude Oil Gains: Commodities at Close

16/02/2012 (Bloomberg) - The Standard & Poorâ€™s GSCI gauge of 24 commodities climbed 0.7 percent to 683.03 at 5:18 p.m. Singapore time. The UBS Bloomberg CMCI index of 26 raw materials rose 0.6 percent to 1,614.389.

MARKET DEVELOPMENT
16-02-2012

Palm-Oil Exports From Malaysia Seen Climbing 10% on Increased Asian Demand

16/02/2012 (Bloomberg) - Palm-oil exports from Malaysia, the second-largest producer, may climb as much as 10 percent this year, expanding faster than local output and helping to drive down stockpiles and support prices, an industry group forecast.

MARKET DEVELOPMENT
16-02-2012

POIC Lahad Datu\'s Success Indicates State And Fed Govt On Right Track

16/02/2012 (The Star) - The Palm Oil Industrial Cluster (POIC) in Lahad Datu, which opened six years ago, has attracted RM3 billion in investments so far from both foreign and local investors.

MARKET DEVELOPMENT
16-02-2012

Malaysian Economy Expands 5.2 Pct In Q4 2011 - BNM

16/02/2012 (Borneo Post) - The Malaysian economy expanded by 5.2 per cent in the fourth quarter last year, leading to a growth of 5.1 per cent for the whole year, Bank Negara Malaysia said.

MARKET DEVELOPMENT
16-02-2012

VEGOILS-Palm Oil Eases One-Month High on Fears of Slowing Demand

16/02/2012 (Reuters) - Malaysian crude palm oil futures rose to their highest level in over a month, boosted by dry weather concerns in South America, but the prospect of slowing demand due to Europe's economic woes led the contract to close lower.

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