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Rubber glut will cut tyre makers costs
TOKYO: Rubber plantations from Indonesia to Ivory Coast will tap a global crop this year that will create the biggest glut since at least 2004, cutting costs for Bridgestone Corp, Michelin & Cie. and other tyre makers.
On a steady growth path
LOCKDOWNS following the deadly spread of coronavirus has dented the demand for many consumer items.
Guan Chong looks for sweet success in Europe
Malaysian cocoa grinder seeks to grow its global brand
Cocoa powder demand a positive for Guan Chong
PETALING JAYA: The demand for cocoa powder remains robust even during the coronavirus (Covid-19) pandemic due to its diversified usage and this is a positive factor for cocoa grinder Guan Chong Bhd.
Mars throws shade at rivals in global cocoa fight
NEW YORK: American chocolate icon Mars Inc sought to distance itself from rivals after the world’s top cocoa producers accused companies of trying to skirt paying a premium aimed at boosting farmers’ incomes.
Cocoa prices steady as focus turns back to low exchange stocks
NEW YORK/LONDON: Cocoa prices on ICE steadied on Thursday following losses in the previous session, with investor attention turning to low exchange stockpiles that were partially caused by a dispute between industry and top producers Ivory Coast and Ghana.
Quick take: Guan Chong shares continue uptrend, adding 1.61%
KUALA LUMPUR: Shares in Guan Chong Bhd continued its uptrend in early trade Thursday.
Credit Suisse CEO Tidjane Thiam stepping down after scandal
ZURICH (Bloomberg) -- Credit Suisse Group AG said Chief Executive Officer Tidjane Thiam is resigning, a stunning reversal for the executive who was backed by key shareholders after a damaging spying scandal.
Guan Chong maintains high utilisation rate amid restrictions
KUALA LUMPUR: Guan Chong is capitalising on high automation capabilities at its facilities to minimise disruptions to its business, even as other cocoa grinders in the region face operating difficulties.
Guan Chong maintains high utilisation rate
PETALING JAYA: Guan Chong Bhd is capitalising on high automation capabilities at its facilities to minimise disruptions to its business, even as other cocoa grinders in the region face operating difficulties
