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The Plantation Industries and Commodities Ministry and the Malaysian Palm Oil Board (MPOB) came under heavy criticism lately from planters badly affected by the sharp fall in crude palm oil (CPO) prices. Planters are urging the Government to consider relaxing the payment of MPOB cess, CPO sales taxes and regulating the high fertiliser prices. Minister Datuk Peter Chin Fah Kui talks at length on the latest strategies and measures taken by his ministry.
KUALA LUMPUR: Cement price, which has been on the decline since 2016, is not the cause of the rising home prices over the period, the Cement and Concrete Association of Malaysia said on Thursday.
KUCHING: Sawmillers in Sarawak are seeking to raise prices of plywood products for shipment to Japan amid tight supplies and rising log prices.
PETALING JAYA: The alarming rise in the palm oil stockpile and higher production will likely exert downward pressure on crude palm oil (CPO) prices in the near term, according to analysts.
PETALING JAYA: Oil prices are on a rebound, edging closer to US$50 a barrel in the international market, amid renewed optimism about a looming production cut by major producers. But the higher price of crude oil failed to lift sentiment on the ringgit