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Business 01 May 2009 | 12:00 AM

Planters to urge Govt to repeal windfall levy

The Malaysian Palm Oil Association (MPOA), which represents the country's plantation industry, will appeal to the Government to consider repealing the Windfall Profit Levy Act 1998.

Business 20 Apr 2009 | 12:00 AM

Issuance of govt bonds expected to jump to RM90bil

IT looks like a bumper crop is coming into the bond market. The issuance of government bonds is expected to leapfrog by 80% this year to a gross amount of RM90bil.

Business 15 Apr 2009 | 12:00 AM

Windfall taxes again for oil palm companies?

Oil palm plantation companies in Peninsular Malaysia could start paying windfall taxes again in May and June should the average price of crude palm oil (CPO) touch RM2,500 per tonne this month.

Business 14 Mar 2009 | 12:00 AM

Loans or bonds amid the global recession?

CORPORATE loans are theoretically more expensive because the risk is taken up by only one counter-party. With bonds, the risk is spread among many lenders. The stronger the lender's cashflow, the more flexibility he has in being able to lend at a cheaper rate.

Nation 11 Mar 2009 | 12:00 AM

Planters welcome CPO price threshold revision on windfall levy

THE crude palm oil (CPO) threshold price of RM2,000 per tonne under the windfall profit levy imposed on oil palm plantation companies in July 2008 has been revised to RM2,500 for Peninsular Malaysia and RM3,000 for Sabah and Sarawak under the Government's mini budget announced yesterday.

Business 11 Mar 2009 | 12:00 AM

Planters welcome CPO price threshold revision on windfall levy

THE crude palm oil (CPO) threshold price of RM2,000 per tonne under the windfall profit levy imposed on oil palm plantation companies in July 2008 has been revised to RM2,500 for Peninsular Malaysia and RM3,000 for Sabah and Sarawak under the Government's mini budget announced yesterday.

Business 22 Jan 2009 | 12:00 AM

Planters crave for more cuts in cess and taxes

After months of lobbying, oil palm planters finally convinced the Government to reduce the burdensome palm oil price stabilisation fund cess to RM2 per tonne from RM4 previously.

Business 20 Jan 2009 | 12:00 AM

Re-appeal for windfall tax abolishment

The Plantation Industries and Commodities Ministry will re-appeal to the Finance Ministry on behalf of oil palm planters to consider abolishing the windfall tax introduced in July 2008 if crude palm oil (CPO) prices climb back to above RM2,000 per tonne.

Nation 19 Jan 2009 | 12:00 AM

Move to barter palm oil with Arab countries

Malaysia is looking to barter palm oil with fertiliser ingredients from Arab-speaking countries to ease the burden of plantation owners.

Business 10 Jan 2009 | 12:00 AM

Brokers' Call

Brokers' comment on rubber stocks, Tenaga Nasional and QL Resources Berhad.