Berita Arkib
26-02-2021
APPMA calls for abolishment of 7pc additional customs duty
The All Pakistan Paper Merchants Association (APPMA) has proposed to Federal Finance Minister 10% customs duty on H.S code 48 and requested to abolish 7% additional customs duty in the federal budget for 2021-22 to boost export business and promote cheap education in the country.
26-02-2021
Cooking oil gets dearer as COVID-19 disturbs demand-supply equilibrium
Edible oil prices have been constantly rising in India over the past 10 months and have registered an average 60 per cent difference since April 2020. Oil companies anticipate a further increase of up to ₹30 in the next two to three months.
26-02-2021
Biden's trade chief pick dodges question on rejoining TPP
China is part of RCEP, whose members make up 30% of the world's economic output, and is eyeing access to the CPTPP. The U.S. withdrew itself from the predecessor of the CPTPP under then-President Donald Trump
26-02-2021
Higher Q3 earnings for IJM Corp and IJM Plantations
IJM Corp Bhd’s net profit for the third quarter ended Dec 31,2020 almost tripled to RM144.5mil, thanks to higher crude palm oil (CPO) prices and improved sales from its property development segment.
26-02-2021
Increase in biodiesel blend to 5% backed
A move to increase coco biodiesel blend to five percent will translate into significant cost savings for motorists, according to a petroleum and biofuel expert
26-02-2021
How much FATF grey-listing cost Pakistan’s economy?
The report was of the view that a large proportion of this loss was driven by a reduction in consumption expenditures (both household and government). Exports and inward foreign direct investment are also partially responsible for this decline in GDP, with associated cumulative losses of USD 4.5 billion and USD 3.6 billion respectively. These results point to the significant negative consequences associated with FATF grey-listing.
26-02-2021
TSH Resources 4Q profit jumps 77% on higher palm oil prices
TSH Resources Bhd’s net profit jumped 76.68% to RM32.95 million in the fourth quarter ended Dec 31, 2020 from RM18.65 million a year earlier, thanks to higher crude palm oil (CPO) and palm kernel prices, partially offset by lower sales contribution from other segments.
26-02-2021
VEGOILS-Palm oil jumps to six-week high on stronger soyoil, crude
Malaysian palm oil futures climbed more than 3% on Thursday, rising for a fourth session in five to hit a six-week high, as crude oil and rival Dalian and Chicago Board of Trade soyoil firmed.
26-02-2021
India''s trade policy continues to rely on tariff, export taxes: WTO review report
New Delhi, Feb 25 (PTI) India''s trade policy remained largely unchanged since last review in 2015 as the country continues to rely on instruments such as tariff, export taxes, minimum import prices and licensing, according to certain members of the World Trade Organisation (WTO)
25-02-2021
Palm oil ends three-day rally
Malaysian palm oil futures ended lower on Wednesday, reversing from early gains and snapping a three-session rally on market talks of a slowdown in export shipments for February
25-02-2021
Pakistan, Sri Lanka decide to broaden FTA
Both sides reached broad consensus on ways and means to further strengthen cooperation in a comprehensive manner and agreed to hold frequent meetings; promote high-level and delegation-level exchanges; and enhance the process of consultations, cooperation and coordination between their respective institutions
25-02-2021
Malaysia's palm oil stocks seen below 1.5 million tonnes for most of 2021 - industry body
Palm oil inventories in Malaysia, the world's second largest producer and exporter, will remain low throughout the year and continue to support high prices, the Malaysian Palm Oil Council (MPOC) said on Wednesday.