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Share prices of plantation companies on upswing
KUCHING: Sarawak-based plantation companies made good recovery in their share prices as industry experts and analysts have generally turned bullish on the plantation sector on several positive factors.
Jaya Tiasa benefits from firmer tropical log and plywood prices
KUCHING: Firmer tropical log and plywood prices have benefited Jaya Tiasa Holdings Bhd greatly as evident by a sharp increase in its earnings.
Set up more palm oil refineries, heavyweights urged
KUCHING: Sarawak needs to set up more palm oil refineries to boost capacity as the uptake of crude palm oil (CPO) from mills would be sharply reduced once the Wilmar International Ltd-owned refinery in Bintulu stops buying CPO produced from oil palm estates on peat swamp land and forest areas from 2015 onwards.
Research house expects Indonesia to boost supply of plywood
KUCHING: Indonesia, the world’s second largest exporter of tropical plywood, is expected to boost supply of the timber product this year due to the weak rupiah.
Sarawak raises log export quota to 50%
KUCHING: Sarawak has raised the log export quota to 50% from 40%.
Timber firms cut log production
KUCHING: Three Sarawak-based public-listed timber firms Jaya Tiasa Holdings Bhd, Subur Tiasa Holdings Bhd and WTK Holdings Bhd cut their tropical log production last year, resulting in timber supply remaining tight in the state.
Dayang and CMS make it to Bursa Top 100 Companies
KUCHING: Dayang Enterprise Holdings Bhd (Dayang) and Cahya Mata Sarawak Bhd (CMS) have made a big leap onto Bursa Malaysia’s list of “Top 100 Companies” by market capitalisation.
Jaya Tiasa picks up RM2,000 for best Xmas tree
SIBU: The Christmas tree entered by Jaya Tiasa Holdings has been picked as the winner of the decorating contest here.
Plywood exporters stay upbeat
KUCHING: Sarawak’s plywood exporters are upbeat that new market developments will spur higher demand for panel products from key markets Japan and South Korea next year.
Jaya Tiasa receives shot in arm
KUCHING: Firmer log and plywood prices have bolstered Jaya Tiasa Holdings Bhd’s profits.