TSH scouting for more land in Indonesia

TSH Resources Bhd, which has a land bank of about 60,000ha, is looking to acquire more land in Indonesia.

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April inflation at 14-month high

Malaysia's inflation rate jumped to a 14-month high in April on rising food costs, adding pressure on the Government to rein in prices.

Windfall tax to return?

The Government may reintroduce a windfall tax as a means to increase its revenue, said Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad.

2nd-tier planters in for a rebound

Second-tier plantation stocks on Bursa Malaysia are expected to rebound soon on short-term speculative buying, analysts said.

Plantation stocks risk further cuts

Some analysts have adjusted their ratings on plantation stocks to reflect higher market risk, and warned of further cuts if windfall tax on crude palm oil (CPO) were to be re-introduced.

Mongolia eyes diplomatic partners, mining deal soon

TOKYO (Reuters) - Mongolia will take advantage of its rich natural resources to forge closer ties with new allies and aims to clinch an investment pact with Canadian and Australian firms in a couple of months, its foreign minister said on Tuesday.

Plantation companies to pay windfall tax?

The palm oil industry is awaiting news that the Government may impose a windfall tax or a cooking oil price stabilisation tax on oil palm plantation companies in the near term.

PetroChina races to meet demand

PetroChina Co Ltd pumped 11.7% more oil and gas in the second quarter as it raced to meet the energy demands of the world's fourth largest economy, putting it on track to smash its full-year production target.

Contracts review may involve taxes

NEWS that the Government wants a relook into lopsided privatisation contracts while maintaining the sanctity of such agreements has led to suggestions that some sort of taxes may be involved.