Calvin you are so clever. Even smarter than warren buffet. That rich old fool who drinks coke and drives an old junk and lives in an old hut. Thanks for daring to call a fool a fool.

37000 want to see how chun chun stupid calvin is.

Calvin chun chun go to holland punya. Don't play play. He is from singapore leh.

Also please scold all the i3 bloggers who everyday say buy this buy that. Why just pick on one. Did anyone point a gun to your head and force you to buy. Please grow up.

Pls go and sue all the research and stockbroking companies. They recommend stocks to buy everyday. Why you don't scold them. Hypocrite.

i3 is not a place for you to SHOUT so pls write in small letters. We are already half deaf from your shouting everyday.

I have never heard of anyone praying so hard for famine to strike.

Your lack of empathy for your fellow human beings is simply ASTOUNDING. You seem to be celebrating when the world is starving just so you can make some money. Pls take this rubbish elsewhere. Do not contaminate i3.

Export tax on CPO to resume next month?

Sarawak is saddled with an acute shortage of about 35,000 workers in the plantation sector, especially for harvesting and collection of oil palm fresh fruit bunches (FFBs) and general field works, State Land Development Minister Tan Sri Dr James Jemut Masing said.

The Sarawak palm oil industry has incurred revenue losses of some RM2.8bil a year due to the shortage of more than 12,000 fruit harvesters, a seminar here was told.

From increased export duties to a hiring freeze on foreign labour, this puts the plantation sector in for a tough year.

"In the wake of IOI Group’s suspension from the the world’s largest association for ethical palm oil production, its customers Unilever, Kellogg and Mars have announced they will stop doing business with the Malaysian conglomerate." and this was because "its downstream affiliate IOI Loders Croklaan, were suspended from the Roundtable on Sustainable Palm Oil (RSPO) last month over the group’s plantations in the Ketapang area of Kalimantan, the Indonesian part of Borneo. Three of IOI’s subsidiaries are allegedto have violated a raft of RSPO standards meant to prevent rainforest destruction and social conflicts, and to have broken the law."

CIMB Equities Research is retaining its Reduce call and sum-of-parts based target price of RM1.49 for Felda Global Ventures (FGV).

MALAYSIA’S plantation sector is facing a labour shortage, which is set to become more severe if the recent hike in the foreign worker levy is implemented, according to Felda Global Ventures Holdings Bhd chief executive officer Datuk Mohd Emir Mavani Abdullah.

The 154% rise in the levy for foreign workers in the plantation sector has taken a toll on oil palm stocks whose landbank is concentrated in Malaysia.

Affin Hwang Capital slashed its target price on Sime Darby Bhd on weaker profit outlook despite a projected increased in the selling price of crude palm oil (CPO) this year on worries that production at Sime Darby’s estates will be disrupted by freak weather pattern and higher labour cost.

11/04/2016 13:20

THE palm oil price war between Indonesia and Malaysia – the world’s two largest producers – needs to be resolved fast as it is a no-win situation for both countries if prolonged.

Palm oil heads for fifth session of losses on output gain, stronger ringgit

The 154% rise in the levy for foreign workers in the plantation sector has taken a toll on oil palm stocks whose landbank is concentrated in Malaysia.

Affin Hwang Capital slashed its target price on Sime Darby Bhd on weaker profit outlook despite a projected increased in the selling price of crude palm oil (CPO) this year on worries that production at Sime Darby’s estates will be disrupted by freak weather pattern and higher labour cost.

The 154% increase in foreign workers’ levy would translate into additional costs of more than RM82mil annually for oil palm planters in Sarawak.

THE palm oil price war between Indonesia and Malaysia – the world’s two largest producers – needs to be resolved fast as it is a no-win situation for both countries if prolonged.

MALAYSIA’S plantation sector is facing a labour shortage, which is set to become more severe if the recent hike in the foreign worker levy is implemented, according to Felda Global Ventures Holdings Bhd chief executive officer Datuk Mohd Emir Mavani Abdullah.

Export tax on CPO to resume next month?

The freeze on intake of foreign workers will stifle the palm oil sector in Malaysia, said an Olam International Ltd commodity trader.

More Sabah districts are being hit by the ongoing drought with reports of crops being destroyed by fires.

CIMB Equities Research is retaining its Reduce call and sum-of-parts based target price of RM1.49 for Felda Global Ventures (FGV).

Sarawak is saddled with an acute shortage of about 35,000 workers in the plantation sector, especially for harvesting and collection of oil palm fresh fruit bunches (FFBs) and general field works, State Land Development Minister Tan Sri Dr James Jemut Masing said.

CIMB Equities Research is maintaining its Reduce for plantation heavyweight for IOI Corp on its rich valuations and rising concerns about the suspension of its RSPO.

Adenan hopes to minimise damage to natural forests by freezing new plantation licences.

Sarawak Land Development Minister Tan Sri Dr James Masing has taken to task non-governmental organisations (NGOs) which are critical of the employment of foreign workers by oil palm plantations but offer no solution on resolving the sector’s acute labour shortage.

The Sarawak palm oil industry has incurred revenue losses of some RM2.8bil a year due to the shortage of more than 12,000 fruit harvesters, a seminar here was told.

From increased export duties to a hiring freeze on foreign labour, this puts the plantation sector in for a tough year.

"In the wake of IOI Group’s suspension from the the world’s largest association for ethical palm oil production, its customers Unilever, Kellogg and Mars have announced they will stop doing business with the Malaysian conglomerate." and this was because "its downstream affiliate IOI Loders Croklaan, were suspended from the Roundtable on Sustainable Palm Oil (RSPO) last month over the group’s plantations in the Ketapang area of Kalimantan, the Indonesian part of Borneo. Three of IOI’s subsidiaries are allegedto have violated a raft of RSPO standards meant to prevent rainforest destruction and social conflicts, and to have broken the law."

Malaysia’s IPI for the period of January to February 2016 expanded by 3.6% as compared to the same period of the previous year. The expansion was supported by the increase in all three indices: Manufacturing (4.2%); Mining (0.9%) and Electricity (9.0%).

The major sub-sectors which recorded an expansion in February 2016 were the electrical and electronics products (5.8%); petroleum, chemical, rubber and plastic products (2.9%) and wood products, furniture, paper products, printing (9.6%).

Malaysia's Industrial Production Index (IPI) grew 3.9% in February from a year ago, in line with economists survey, with growth boosted by the manufacturing sector.

The Statistics Department said on Monday the expansion in February was supported by positive growth in all indices. The manufacturing index rose 4.5%, mining (1.1%) and electricity (10.5%).

“What worries us is that if these beetles do not have access to their main source of food in date palms, they will move to oil palm trees.



“There have been reports which are still unconfirmed as yet, but it is a very real concern,” she said, adding that research was currently ongoing in several universities across the country.

THE number of applicants for the Malaysia My Second Home (MM2H) scheme had decreased by almost half last year from the previous year, according to statistics available on the MM2H website. Does this mean Malaysia is losing its charm in attracting foreigners to invest in property, live or to retire here?Economic uncertainties are among the reasons for the drop in the number of MM2H applicants to 1,855 in November 2015 from 3,074 in 2014, said Malaysia Property Incorporated (MPI) general manager Veena Loh.

Beetle may destroy palm oil sector A species of beetle illegally brought in across the Thai-Malaysian border has been ravaging the nation’s palm trees, and – if left unchecked – can potentially decimate the palm oil industry within just 20 years.The red palm weevil, or Rhynchophorus ferrugineus, is a species of beetle that excavates holes in the trunk of palm trees, eventually killing the plant. It infests coconut palms, date palms and oil palms.According to the Department of Agriculture’s (DoA) Plant Biosecurity Division, so far a whopping 465ha of coconut trees are gone, mainly in Terengganu and Kedah.

too little too late

i am switching. bye bye maxis.

zzzzzzzzzzzz

zzzzz

Local retailers always lose because they sell when they should buy.

i hate people writing I CAPITAL LETTERS. It is as if they are shouting at you. If you are good, you don't have to shout to make a point.

this place has bad feng sui.

Have you thought about oil companies going bankrupt one by one in MALAYSIA.
GOOD NEWS for KLSE and ringgit?

oil crashes, ringgit goes down, fed raises interest rates, usd up....so still want to sell export counters and buy oil???? you should be doing the opposite.