not hope..china have to buy..if not how to cook?.. if we pay using palm oil...even 100 billion no problem coz its like barter trade..both win. china contractors win, our plantation olso win
Hope you guys can live another 20 years to watch over our country, Malaysia. Hope we brothers protect each other because we are all Malaysians.
You may feel he is Malay, he is Chinese and he is Indian, there will come a day when we Malay+Chinese+Indian need to hug each other protect our families from foreigners like China.
Increasing demand for CPO will increase in China as long Msia gomen can do these 2 things.
1. Reduce price of palm oil in compare to Indonesia. Indon price is cheaper than Malaysia by 10 to 15%
2. Continuous awareness and education on palm oil to China businessmen and companies in replacing soy bean to palm oil.
These 2 are the hopes by China Expa to Malaysia at the moment.
Demand for palm oil since earlier Feb 2019, is very highly influenced by the dropping soy bean imports hence increase the price of the feeds and porks.
Trade war is part of the issue too.
Therefore, gov thru FGV need to conduct continuous growth in business relations with China manufacturers, esp the F&B and other SMES is food related industries to allow the mindset of palm oil usage to replace soy bean oil.
In alignment with environment issues, China entrust in hoping the use of palm oil will educate their people in using oil friendliness and healthy choice of oil.
US pressure on soy bean will bring the diversification of oil consumption thru China F&B to Malaysia.
This year is confirm CPO year. Demand will exceed supply.
@apolloang Venezuela is B99 and T1 malaysia is now B40 m40 T20 , soon will become B60 M30 T10 50% of the M will become B and 50% of the T will become M
the edge.. FGV Holdings Bhd’s 65%-owned Pakistan unit with Westbury Group, FWQ Enterprise (Private) Ltd inked an MoU with MMC Group Bhd owned Johor Port Bhd to submit a bid for the development of a clean bulk cargo terminal in Karachi Port, Pakistan.
Both FWQ Enterprise and Johor Ports are to create an unincorporated joint venture (JV) to submit the bid, with the MoU set to last 12 months from today and create a special purpose vehicle to carry out works for the clean bulk cargo terminal, provided the Karachi Port Trust agrees to select them as tender holders.
If you plant sawit you need a lot of patience... you have to wait for a few long years before you could see the fruit bunch.... The same goes with the new government.... It is still crawling not yet be able to stand up....
How does Daim know economy will improve in 6 months? What is his basis to quantify the recovery? Any data or simply pluck numbers from air or being Pak Belalang? Nampak? Nampak tak? Siapa x nak nampak dia anak luar nikah!!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
NESARAJAH1
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Posted by NESARAJAH1 > 2019-04-12 19:48 | Report Abuse
Thks Tongkatat. Long live FGV