KUALA LUMPUR: Malaysia, Thailand and Indonesia have agreed to implement the fifth Agreed Export Tonnage Scheme (AETS) beginning tomorrow (Friday). In a statement, the International Tripartite Rubber Council (ITRC) said under the scheme, the three ITRC member countries would restrict exports of natural rubber (NR) for a specific time frame, with the objective of addressing […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures fell to a four-month low on Wednesday evening, a third consecutive session of losses as the ringgit strengthened against the dollar, making the tropical oil more expensive for holders of foreign currencies. The market also tracked weaker related oils and was dented by expectations of falling export demand. The benchmark palm oil contract for […]
Read MorePETALING JAYA: The price of gas used for cooking and fuel by the industrial and commercial sectors will be increased next year, reflecting the higher price of natural gas in the international market. This will be the first gas tariff hike since July 2016. The increase to the effective tariff rate is significant, at an […]
Read MoreKUALA LUMPUR, Nov 28: Malaysian enterprises need to beef up knowledge on cyber defence strategy, namely, in their network infrastructure, to manage and reduce cyber threats, said Cyber Security Malaysia. Its Senior Vice President Cyber Security Responsive Services, Dr Aswami Ariffin, said it was a continuous effort by the agency under the Ministry of Science, Technology […]
Read MoreKIEV: Ukrainian dairy and poultry companies are seeking to supply Malaysia with their products, the country’s state service for food safety said on Monday. “A number of Ukrainian dairy, poultry and egg companies have already sent applications to Malaysia’s authorities,” the service said. Ukraine has already exported wheat, flour, peas and sunflower oil to Malaysia. […]
Read MorePETALING JAYA: Malaysia is currently hot on its heels to block the discriminatory European Union (EU) resolutions on palm oil prior to its full enforcement. This year, the EU Parliament passed two resolutions – to impose single certified sustainable palm oil (CSPO) scheme for Europe-bound palm oil exports after 2020 and to phase out palm […]
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