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The Malaysian Palm Oil Council (MPOC) has slammed a French senator's proposed Nutella tax - the imposition of a 300% tax increase on palm oil -- and urged the French government to reject his proposal.
SYDNEY: The cost of Exxon Mobil's massive gas export project in Papua New Guinea will soar more than 20 percent to US$19 billion due to foreign exchange impacts and delays from work stoppages and land access issues, but it is still expected to start in 2014.
PETALING JAYA: Iskandar Investment Bhd has signed a lease purchase agreement with Distinctive Ace Sdn Bhd, a member of Distinctive Group, for the latter to develop a parcel of land in zone A of Medini into a mixed commercial development project with a gross development value (GDV) of RM1.5bil.