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THE palm oil industry has been firefighting one issue after another and the latest one with the possibility India may cut its purchase of palm oil from Malaysia is turning out to be a problem the industry is threading carefully on.
KUALA LUMPUR: Moody's Investors Service revised downwards the outlook on Sime Darby Plantation Bhd (SDP) from stable to negative on concerns that its credit metrics would remain weak over the next six to 12 months.
PETALING JAYA: Plantation company Kuala Lumpur Kepong Bhd (KLK) has confirmed that there was a forest fire in one of its estates in Riau, Indonesia.
PETALING JAYA: In an escalating row between neighbours over the regional haze, Indonesia has blamed four Malaysian companies for causing some of the forest fires within its borders.
SINGAPORE: Singapore extended support for older workers in the aging island nation, as the current leadership prepares to hand over to a new generation in coming years.
SARAJEVO (Reuters) - Croatia President Kolinda Grabar-Kitarevic will run for a second five-year term on behalf of her ruling party
KUALA LUMPUR: Moody's Investors Service has affirmed the Baa1 issuer rating of Sime Darby Plantation Bhd (SDP) as it expects the company to maintain its credit profile by reducing its debts from its asset sales.
PETALING JAYA: Sime Darby Plantation Bhd’s (SDP) indirect wholly owned subsidiaries in Indonesia – PT Ladangrumpun Suburabadi and PT Teguh Sempurna – disposed of their respective 99.9993% and 0.0007% equity interest in PT Mitra Austral Sejahtera (PT MAS) to PT Inti Nusa Sejahtera for US$29.7mil.