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Challenge to find land for oil palm expansion
Crude palm oil prices are expected to be well-supported by structural changes in global supply and demand for related commodities, says KL Kepong group plantations director Roy Lim Kiam Chye. PricewaterhouseCoopers managing director Chin Kwai Fatt advises companies to consider an assessment or reasssessment of their positions in corporate responsibility and align such initiatives to their business. At Glomac, group managing director Datuk Fateh Iskandar Mohamed Mansor sees plenty of signs that the property market has only started to go on an upswing.
News in brief
News briefs on: Guinness, KIG Glass, Kejuruteraan Samudra Timur, TMC Life and Landmarks.
Unimills plant launched in The Netherlands
The new fractionation plant of Unimills B.V, a wholly-owned subsidiary of Golden Hope Plantations Bhd, was officially launched by Prime Minister Datuk Seri Abdullah Ahmad Badawi yesterday.
Reaping the harvest of a demographic dividend
IT is no big secret that Malaysia has a demographic profile that appeals to investors, and this is represented by among other things, its very young population base.
Sarawak opening up more peat soil land for oil palm cultivation
Sarawak is opening up more areas of its vast peat soil land for oil palm cultivation, Chief Minister Tan Sri Abdul Taib Mahmud said.
TMC Life gains 53.5 sen premium on Mesdaq debut
TMC Life Sciences Bhd, which was the top gainer on its Mesdaq debut Thursday, scored a 53.5 sen premium over its initial public offer price of 38 sen per share.
Inno Biologics gets RM42mil loan for plant
Inno Biologics Sdn Bhd has been granted an eight-year loan of RM42mil by Bank Industri Teknologi Malaysia to partly finance its biopharmaceutical production plant in Putra Nilai.
Jobless rate fell to 3.2% last year
THE unemployment rate declined to 3.2% in 2007 from 3.5% in 2005, reflecting a further tightening in the labour market during this period, according to the report.
S$300mil baby-boosting package
The government announced a S$300mil baby-boosting package yesterday, in hopes of reversing an alarming slide in its birth rate to record lows and countering rapid ageing of the population.
TMC Life spending RM100mil on hospital
Tropicana Medical Centre, to be completed by the third quarter, is expected to cost RM100mil, TMC Life Sciences Bhd founder and managing director Dr Colin Lee said.