TIMES are dire, but the good news is the price of crude palm oil has at least gone up, offering a ray of hope for economic recovery. It’s at a 13-year high, and while there are reports claiming sustaining it would be difficult, the point is that there are reasons to rejoice because it has finally climbed.
The price of brent crude oil is also expected to rise throughout April, according to forecasts.
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Wong Chun Wai
Wong Chun Wai began his career as a journalist in Penang, and has served The Star for over 35 years in various capacities and roles. He is now group editorial and corporate affairs adviser to the group, after having served as group managing director/chief executive officer. On The Beat made its debut on Feb 23 1997 and Chun Wai has penned the column weekly without a break, except for the occasional press holiday when the paper was not published. In May 2011, a compilation of selected articles of On The Beat was published as a book and launched in conjunction with his 50th birthday. Chun Wai also comments on current issues in The Star.
