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Berita Arkib

MARKET DEVELOPMENT  
  07-06-2011

Finance Ministry Puts Tax Rebate Measure on Hold Amid Criticism

07/06/2011 (Focus Taiwan News Channel) - The Ministry of Finance decided Monday to put on hold a tax refund policy for companies affected by the widening food contamination scandal after facing harsh criticism from the general public.

MARKET DEVELOPMENT  
  06-06-2011

Low Risk For Kretam’s Venture Into Palm Oil Downstream Business

06/06/2011 (The Star) - Kretam Holdings Bhd, a Sabah-based plantation company, said the risks associated with it moving into the production of refined palm oil products is mitigated as there are only two other refineries in Sandakan that would be in competition for the supply of crude palm oil.

MARKET DEVELOPMENT  
  06-06-2011

Commodity Exports Stay Buoyant

06/06/2011 (Business Times) - Commodity exports continued to be strong, driving growth in external demand in April.

MARKET DEVELOPMENT  
  06-06-2011

Punjab Farmers Explore Ethiopia For Agri Opportunities

06/06/2011 (Business Standard) - Inspired by Confederation of Potato Seed Farmers (POSCON) of Punjab, farmer organisations like Rashtriya Kisan Sangathan is now exploring Ethiopia for opportunities in agriculture. While, the progressive members of POSCON are planning to take about 2,000-5,000 hectares farm land on lease in Ethiopia for growing cash crops like oilseeds, pulses, sugarcane and maize, members of Rashtriya Kisan Sangathan is looking to grow cotton, paddy, non-edible oil seeds and palm land by taking 5,000 hectares land on lease.

MARKET DEVELOPMENT  
  06-06-2011

Palm Oil Extends Winning Streak on Demand, Weather

06/06/2011 (Business Recorder) - Malaysian palm oil extended gains for a second day on Friday over concerns of adverse weather hurting the US soy crop, which gets crushed into competing soyoil, and prospects of strong demand in the coming months.

MARKET DEVELOPMENT  
  06-06-2011

Palm Oil Price Won\'t Fall Yet

06/06/2011 (Bangkok Post) - The retail price of palm cooking oil will remain at 47 baht a litre at least through this month even though supplies are now ample and costs are falling.

MARKET DEVELOPMENT  
  06-06-2011

RSB\'s Unit In Deal To Acquire Plantation Land In Sarawak

06/06/2011 (Bernama) - Rimbunan Sawit Bhd (RSB) Friday announced that its wholly owned subsidiary, R.H. Plantation Sendirian Bhd, has entered into a conditional sale and purchase agreement with Sheba Resources Sdn Bhd for the proposed acquisition of a parcel of land with oil palm plantation at Sungai Luai and Sungai Bawah, Niah, Sarawak for RM118,000,000.

MARKET DEVELOPMENT  
  06-06-2011

Editorial: Confusing Policy Signals

06/06/2011 (Jakarta Post) - It appears rather strange that at a time when Indonesia is poised to become a regional leader in Asia and a global economic player through its membership of the prestigious Group of 20 major economies (G20) the country has been grappling with a mounting wave of nationalistic concern over the stronger foreign dominance of its economy.

MARKET DEVELOPMENT  
  06-06-2011

Mustapa To Highlight Malaysia\'s Investment Attractiveness At WIEF In Kazakhstan

06/06/2011 (Bernama) - Minister of International Trade and Industry Datuk Seri Mustapa Mohamed will highlight Malaysia's attractiveness as an investment destination at the 7th World Islamic Economic Forum (WIEF) from June 7-9 in Astana, Kazakhstan.

MARKET DEVELOPMENT  
  03-06-2011

Palm-Oil Billionaires Acquire London Tower for $473 Million

03/06/2011 (Bloomberg) - Kuok Khoon Hong and Martua Sitorus, the billionaire founders of the world’s largest palm oil processor, bought Aviva Plc (AV/)’s headquarters building in London for 288 million pounds ($473 million).

MARKET DEVELOPMENT  
  03-06-2011

Palm Oil Climbs as Three-Day Decline Spurs Investor Purchases

03/06/2011 (Bloomberg) - Palm oil gained as a three-day decline in prices spurred investors to buy the commodity and as soybeans climbed on U.S. planting delays.

MARKET DEVELOPMENT  
  03-06-2011

Total Trade Registers Double Digit Growth In April

03/06/2011 (Bernama) - Malaysia recorded a year-on year growth of 10.3 per cent in total trade to RM104.58 billion in April compared with RM94.776 billion registered previously, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.