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Indonesia focuses on palm oil smallholders to raise output

NUSA DUA, Indonesia: Small palm plantations in Indonesia drew more attention than usual at the opening of the nation’s annual palm oil conference on Thursday, as the world’s top palm oil producer seeks to boost overall output by improving smallholder productivity. Smallholders farm roughly 40 percent of Indonesian land planted with oil palm trees, but […]

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Philippines: Economy likely grew faster in Q3 — Pernia

MANILA, Philippines — The economy likely grew faster in the third quarter on the back of strong exports, agricultural production and investments, the National Economic and Development Authority (NEDA) said yesterday. In an interview with reporters, Socioeconomic Planning Secretary Ernesto Pernia said the economy likely grew at a faster rate in the third quarter compared […]

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Thailand – Survey: SMEs hopeful of Q4 income

Small and medium-sized enterprises’ (SMEs) optimism about fourth-quarter income improved for the first time in several quarters, thanks to the festive season, says TMB Analytics, the research unit of TMB Bank. The SME confidence index for fourth-quarter income increased to 62.9 from 56.7 in the previous quarter, helping to boost the TMB SME Sentiment index […]

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Malaysian CPO output likely grew 9% in October

KUALA LUMPUR: Malaysian crude palm oil (CPO) output may have grown 9% month-on-month to 1.95 million tonnes in October, 2017, according to survey findings by the CIMB Futures team. Meanwhile, palm oil export likely grew by about 2.4% on-month, based on export statistics.  “The m-o-m rise in exports in October was due mainly to stronger […]

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