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Business 26 Oct 2013 | 11:07 AM

Budget 2014: Budget reaction & impact

What some Malaysians say about Budget 2014.

Business 29 Oct 2013 | 12:00 AM

MAHB to gain from Govt airport plan

IN Budget 2014, the Government announced that it would allocate a total RM1bil for the upgrading of infrastructure and facilities at some airports in the country. RHB Research sees Malaysia Airports Holdings Bhd (MAHB) as a major beneficiary of this initiative in the long run.

Business 20 Nov 2013 | 11:22 AM

Timber industry remains important for Sarawak

SIBU: The timber industry remains a very important contributor to Sarawak's economy, generating revenue of RM7.454bil in 2012.

Business 19 Feb 2014 | 12:00 AM

Heavily criticised Wilmar to meet planters to explain new CPO purchase policy

PETALING JAYA: Wilmar International Ltd, which has been heavily criticised for deciding not to buy crude palm oil (CPO) from some Sarawak planters by end-2015, is expected to meet up with the affected parties and state government agencies early next week to shed light on the group’s new CPO sourcing policy.

Business 22 Feb 2014 | 12:00 AM

Ta Ann seen reeling from Wilmar decision

SIBU-BASED plantation and timber group Ta Ann Holdings Bhd is one of the big plantation casualties from Wilmar International Ltd’s decision to stop buying crude palm oil (CPO) from Sarawak starting from the end of December next year.

Commodities 26 Feb 2014 | 12:00 AM

Malaysia to quit Roundtable on Sustainable Palm Oil grouping?

PETALING JAYA: The Malaysian Palm Oil Association (MPOA), which represents the private plantation companies, will decide at its council and exco meeting this Friday whether to quit the Roundtable on Sustainable Palm Oil (RSPO) grouping.

Commodities 07 Mar 2014 | 12:00 AM

Wilmar assures S'wak it will continue to buy crude palm oil

KUCHING: A senior state minister from Sarawak disclosed that Wilmar International Ltd, which kicked up a storm three weeks ago with its new outsourcing policy, has given the assurance that it would continue to procure crude palm oil (CPO) from planters in the state even though the plantations were on peat land.

Business 10 Mar 2014 | 5:21 PM

Sarawak aims RM7.2bil for timber product export value

SIBU: Sarawak hopes to sustain the export value of its timber and timber products at the RM7.2bil level in 2014.

Business 22 Mar 2014 | 12:00 AM

Wee: We win some, we lose some

FOR those who track developments of Petroliam Nasional Bhd (Petronas) closely, the appointment of Datuk Wee Yiaw Hin in May 2010 was a significant milestone. As a top private sector oil and gas (O&G) man, his appointment signified the oil giant’s seriousness at becoming more professional and merit driven. Wee has played a key role in implementing international best practise into Petronas to make it more commercial driven.

Business 02 Apr 2014 | 12:00 AM

China firms show strong interest in Sarawak's halal hub

JOHOR BARU: Chinese companies have shown strong interest to relocate their operations or set up facilities at the Sarawak’s Tanjung Manis Halal Hub (TMHH).