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