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News 25681 to News 25690 of about 26279 news within page 2569
25681. 18/01/2002
   
BINTULU, Jan 16 (Bernama) -- Malaysia, trying to make it big in the worldof container shipping, last year handled a total of 7.3 million TEUs(20-foot-equivalent units) through its various seaports, according tolatest official figures.
25682. 18/01/2002
   
PULAU PINANG, Jan 16 (Bernama) -- Producers of power from renewable energysources such as solar and biomass have been urged to produce more poweramounting to 10 megawatt to help the government reach its target of powergeneration from new energy sources at between 500 MW and 600 MW or fivepercent more in the next four years.
25683. 18/01/2002
   
KUALA LUMPUR, Jan 11 (Bernama) -- Sri Lanka Rubber Research Insititutedirector Dr L.M.K Tillekeratne says his comments published early this yearthat replanting rubber estates with oil palm without serious scientificstudy could damage the environment was only applicable to the Sri Lankasituation.
25684. 16/01/2002
   
15 January, 2002 (Business Times) - BIG ships are still unable to collectcrude palm oil from Belawan port in Indonesia, forcing some vessels todivert to Malaysia as efforts to remove a sinking dredger move at a snail’s pace, traders said yesterday.
25685. 16/01/2002
   
WASHINGTON, Jan 14 (Reuters) - U.S. Agriculture Department said on Mondayfavorable weather in key crop-growing regions has positioned Argentina toproduce a huge soybean harvest."(Argentina's) weather pattern to date has been nearly ideal, supportingrapid growth and development of the crop," USDA's Foreign AgriculturalService said.Last week, USDA projected 2001/02 soybean crop at a record 42.5 milliontonnes, up 1 million tonnes from December's estimate. USDA said somesoybean-growing regions received below average rainfall from Octoberthrough December, "but moisture accumulations have kept pace with orexceeded crop requirements to date."Areas of concerns are limited to western Santa Catarina and Rio Grande doSul. USDA said rainfall was needed in these areas to prevent crop stress.On Monday, worries about dry Brazilian soy crop weather boosted soybeanfutures at the Chicago Board of Trade. Soybean futures for March deliveryclosed up 3-3/4 cents at $4.46-3/4 per bushel.Independent Brazilian forecaster Somar forecast lingering dry weatheracross Brazil's southern soybean growing region. However, rain could reachRio Grande after Jan. 22, Somar said. In Parana, another southern state,rain was expected at the end of the week, while rains were seen falling inthe center-west, Somar said.
25686. 16/01/2002
   
JAKARTA, Jan 15 (Reuters) - Indonesia's Trade and Industry Ministry saidthe base price for crude palm oil (CPO) and its by-products would remainunchanged for another month. "There's no change. It is extended becausethere's no significant change at the international market compared tolast month," an official at the ministry told Reuters. The current baseprice, used to calculate export taxes, will remain valid until February12.The country currently imposes a three percent tax on CPO and palm kerneland a one percent tax on refined, bleached and deodorised (RBD) palm oil,RBD palm olein and crude olein. Indonesia levies the tax to control theflow of palm oil exports, which usually rise sharply when the rupiahweakens and international prices increase.The rupiah was quoted at 10,390/10,400 against the dollar by 0400 GMT.The following table shows the base prices for palm oil and itsby-products:
25687. 16/01/2002
   
KUALA LUMPUR, Jan 14 (Bernama) -- The Malaysian commodity industry needs atotal restructuring that would benefit the smallholders, said PrimaryIndustries minister Datuk Seri Dr Lim Keng Yaik.
25688. 16/01/2002
   
Tuesday, January 15, 2002 (The star) - MALAYSIA External Trade DevelopmentCorp (Matrade) is organising Malaysia’s participation in the 35th CairoInternational Fair (CIF 2002) in Egypt from March 20–29.Matrade said in a statement that it was also organising the 30th TripoliInternational Trade Fair (TITF 2002) for Malaysia from April 2–12 inLibya.At both fairs, Malaysia’s pavilion will feature a diverse range ofproducts and services, including automotive parts and components, consumerelectrical and electronic products, food products and beverages, palm oil,office furniture, machinery and transport equipment.Others to be featured are pharmaceutical and beauty products, computer andtelecommunications equipment, chemicals, rubber and plastic products,construction and engineering, education, medical and healthcare.Matrade said Malaysia’s participation was aimed at diversifying thecountry’s exports to new potential markets in North Africa, which includedAlgeria, Libya, Morocco, Sudan, Tunisia and Western Sahara, besides Egyptand Libya.It said participation in these trade fairs would provide opportunities forMalaysian companies to reach out to 183 million people in the region, withan average gross domestic product (GDP) of RM18,365 for the year 2000.Malaysia’s total trade with the North African region in 2000 amounted toRM1.3bil, of which 85% or RM1.1bil came from Malaysia’s exports to theregion.“The potential is still enormous as this export value is only 0.52% to theregion’s total import of RM211.3bil in 2000,” Matrade said.Companies interested in participating in the exhibitions can contactMatrade’s Ishak or Silmi at 03-2694-7259. — Bernama
25689. 16/01/2002
   
Wednesday, January 16, 2002 (The Star) - MALAYSIA Derivatives Exchange Bhd(Mdex) said the commission rates for all Mdex contracts had been madefully negotiable from Dec 28 last year in line with the amendments to itsguidelines.According to a statement from Mdex, the rates are now fully negotiable toenhance the competitiveness of the derivatives market.Prior to Dec 28, KLSE CI futures and KLSE CI options were charged minimumcommissions of RM50 per contract, while crude palm oil and three-monthKlibor futures commissions were already fully negotiable, the statementnoted.In addition, the clearing commission rates, shared commission ratesbetween the broker representative and its trading members, and sharescommission rates between trading members and institutions had been madefully negotiable with effect from Dec 28, Mdex said. – AFX
25690. 16/01/2002
   
16 January,2002 (Business Times) - GAINS made by plantation stocks overthe past few days are likely to be sustained as the upswing in crude palmoil (CPO) prices is expected to lift share prices of companies such as IOICorp Bhd, PPB Oil Palms Bhd, and Kuala Lumpur Kepong Bhd (KLK).
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ECONOMICS & INDUSTRY DEVELOPMENT DIVISION
Malaysian Palm Oil Board ( MPOB ) Lot 6, SS6, Jalan Perbandaran, 47301 Kelana Jaya, Selangor Darul Ehsan, MALAYSIA.
Tel : 603 - 7803 5544 || Fax : 603 - 7803 3533