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Higher CPO prices likely to be offset by lower FFB output
KUALA LUMPUR: Global edible oil prices are nearing their peak but may be slow to decline to previous levels due to low stocks, a slow recovery in output and higher global use in biofuel production, leading analysts said on Wednesday.
PETALING JAYA: Ta Ann Holdings Bhd is reaping the fruits of the rise in crude palm oil prices (CPO)
Director-general Dr Ahmad Parveez Ghulam Kadir said the RM30 million to encourage investments in mechanisation and automation and RM20 million for purchase of machinery can help move the industry into mechanisation in its way forward.
FY2021 wage hikes seen below 2%, eight-year low
Over the past seven years, major firms have offered pay rises of 2% or more in annual "shunto" spring wage negotiations, in a nod to government efforts to eradicate two decades of grinding deflation.
NOKDO, South Korea (Reuters) - At 10 years old, Lyoo Chan-hee wishes he wasn't one of the last three schoolkids left playing on the beaches of Nokdo island.