Malaysia’s oil palm plantations at breaking point
Many plantation companies have been waiting in vain for the arrival of foreign workers since late last year, the onus falling on the companies to start sourcing for their estate.
ECONOMIC AFFAIRS
Increasing import prices cost Indonesian manufacturing dearly
Most manufacturing industries have suffered, leaving only mining and raw-material producers to shine during these challenging times.
Cambodia’s Jan-Apr rice exports exceed half a billion dollars
Milled rice exports amounted to 221,138 tonnes, while paddy exports totalled 1,648,474 tonnes in the first four months of 2022.
Price hike, inflation and consumption
The paper says government efforts should be concentrated on employing long-term strategies to substitute imports.
Palm oil supply curbs may hit Nepali manufacturers
Imported palm oil is processed and promptly re-exported to India, with Nepali traders pocketing a handsome profit.
G7 countries pledge to stop Russia oil imports
The West has so far displayed close coordination in its announcements of sanctions against Russia, but has not moved at the same pace when it comes to Russian oil and gas.
Number of ‘supercars’ worth W300m quadruples over 6 years in Korea
The uptick in corporate supercars indicates that corporate money could have been used for personal purposes, a lawmaker claimed.
Soybean oil: Many stores still face supply crunch in Bangladesh
The soybean oil crisis had began before Eid due to a shortage of supply.
Singapore to host global effort to boost transparency of carbon credit trade
Singapore has accepted the invitation to work with the World Bank on the Climate Warehouse initiative, which aims to connect the various carbon credit registries in the world.
High cooking oil prices fry Indonesian food hawkers
Simple packaged cooking oil prices have risen 28 percent to-date due to high global crude palm oil prices, according to Trade Ministry data.