calvintaneng VERY GOOD NEWS

4 key indicators to spur economic recovery — Deputy Minister
21 DEC 2020 / 16:27 H.

KUALA LUMPUR: The country’s economic recovery can currently be measured by four key indicators, namely the retail sector, hotel accommodation, crude palm oil prices, and SMR 20 rubber price, said Deputy Minister in the Prime Minister’s Department (Economy) Arthur Joseph Kurup.

He said all these indicators formed the benchmark for the country’s economic recovery next year with the target of gross domestic product (GDP) of between 6.5 percent and 7.5 percent.

“Crude palm oil price hit a high of more than RM3,000 (RM3,422) per tonne in November while SMR 20 rubber price rose to a high of RM6.33 per kilogramme in November,“ he said in response to a supplementary question from Senator Datuk Teo Eng Tee at the Dewan Negara today.

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“Crude palm oil price hit a high of more than RM3,000 (RM3,422) per tonne in November while SMR 20 rubber price rose to a high of RM6.33 per kilogramme in November,“


VERY EXCELLENT FOR FGV AS FGV GOT

3RD BIGGEST PALM OIL IN THE WORLD AFTER WILMAR & SIME DARBY PLANT

ALSO VERY LARGE RUBBER PLANTATIONS

SO FGV SHOULD GO HIGHER!!