Wishing all muslim around the world a meaningful month...
Ramadhan al Mubarak..
Monday, August 1, 2011
Govt wants planters, millers to be attentive to enviromental concerns
1st August, 2011
SANDAKAN: The state government wants planters and millers to pay heed to environmental concerns, especially the conservation of wildlife species that exist in areas close to plantations in Sabah’s east coast.
Chief Minister Datuk Seri Musa Haji Aman urged them to work with government authorities, researchers and non-governmental organisations in coming up with the best practices to protect Sabah’s diverse and unique wildlife.
read more
SANDAKAN: The state government wants planters and millers to pay heed to environmental concerns, especially the conservation of wildlife species that exist in areas close to plantations in Sabah’s east coast.
Chief Minister Datuk Seri Musa Haji Aman urged them to work with government authorities, researchers and non-governmental organisations in coming up with the best practices to protect Sabah’s diverse and unique wildlife.
read more
Friday, February 25, 2011
RECRUITMENT COST UP....
Plantation firms in Sarawak to pay more to recruit new Indonesian workers (15% more in wages to recruit new Indonesian workers)
KUCHING: Plantation companies in Sarawak will have to pay about 15% more in wages to recruit new Indonesian workers soon. Indonesian consul/counsellor Rafail Walangitan (pic) said the minimium daily wages of Indonesian plantation workers in Sarawak would be raised to RM22 from RM19 in three months' time. The last revision by RM3 a day (from RM16) was in 2010.
He said the Indonesian Kuching consulate would only issue job orders to plantation firms to recruit Indonesian workers if they commit to pay the minimium wages.
READ MORE here laaa...
KUCHING: Plantation companies in Sarawak will have to pay about 15% more in wages to recruit new Indonesian workers soon. Indonesian consul/counsellor Rafail Walangitan (pic) said the minimium daily wages of Indonesian plantation workers in Sarawak would be raised to RM22 from RM19 in three months' time. The last revision by RM3 a day (from RM16) was in 2010.
He said the Indonesian Kuching consulate would only issue job orders to plantation firms to recruit Indonesian workers if they commit to pay the minimium wages.
READ MORE here laaa...
Sunday, February 20, 2011
Leader Make a Lead!!!
IOI Corp Bhd's (1961)second quarter profit surged 13 per cent compared to a year ago, thanks to stronger contribution from its plantation business.
IOI's net profit for the quarter to December 31 2010 was RM520.24 million. Group revenue rose to RM3.97 billion compared with RM3.06 billion before. In its filing to the stock exchange yesterday, IOI said it expects satisfactory performance for the rest of the fiscal year ending June 2011 on prospects of strong palm oil and palm kernel prices and a resilient property market.
Yesterday, its share price rose 13 sen to RM5.71. IOI shareholders' optimism is buoyed by the uptrend in palm oil prices as the current global shortage of vegetable oils is set to keep prices at higher levels. So far this year, crude palm oil (CPO) futures on the Malaysian derivatives exchange are averaging at around RM3,700 a tonne. Yesterday, the third-month benchmark palm oil contract closed at RM3,745 per tonne.
In its second quarter results, IOI's plantation operating profits rose 14 per cent to RM363.7 million from RM319.9 million a year ago. The rise in profits was mainly due to higher CPO and palm kernel prices. The group's average CPO price in the quarter was RM2,800 per tonne while palm kernel price was RM1,979 per tonne. During the quarter, IOI gained RM61 million when it sold off a portion of its investment properties.
Despite the higher profits achieved in refining activities, the resource-based manufacturing segment recorded lower profits mainly due to fair value losses on the adoption of FRS 139. During the quarter, the total fair value losses on derivative contracts recognised was RM73 million. Prior to adoption of FRS 139, derivative financial instruments were not recognised in financial statements. With the adoption of FRS 139, derivative financial instruments are initially recognised at fair value on the date the derivative contract is entered into and are subsequently remeasured at fair value through profit or loss. The resulting gain or loss from the remeasurement is recognised in profit or loss.
Read more HERE:
IOI's net profit for the quarter to December 31 2010 was RM520.24 million. Group revenue rose to RM3.97 billion compared with RM3.06 billion before. In its filing to the stock exchange yesterday, IOI said it expects satisfactory performance for the rest of the fiscal year ending June 2011 on prospects of strong palm oil and palm kernel prices and a resilient property market.
Yesterday, its share price rose 13 sen to RM5.71. IOI shareholders' optimism is buoyed by the uptrend in palm oil prices as the current global shortage of vegetable oils is set to keep prices at higher levels. So far this year, crude palm oil (CPO) futures on the Malaysian derivatives exchange are averaging at around RM3,700 a tonne. Yesterday, the third-month benchmark palm oil contract closed at RM3,745 per tonne.
In its second quarter results, IOI's plantation operating profits rose 14 per cent to RM363.7 million from RM319.9 million a year ago. The rise in profits was mainly due to higher CPO and palm kernel prices. The group's average CPO price in the quarter was RM2,800 per tonne while palm kernel price was RM1,979 per tonne. During the quarter, IOI gained RM61 million when it sold off a portion of its investment properties.
Despite the higher profits achieved in refining activities, the resource-based manufacturing segment recorded lower profits mainly due to fair value losses on the adoption of FRS 139. During the quarter, the total fair value losses on derivative contracts recognised was RM73 million. Prior to adoption of FRS 139, derivative financial instruments were not recognised in financial statements. With the adoption of FRS 139, derivative financial instruments are initially recognised at fair value on the date the derivative contract is entered into and are subsequently remeasured at fair value through profit or loss. The resulting gain or loss from the remeasurement is recognised in profit or loss.
Read more HERE:
Saturday, February 5, 2011
Why call for removal of oil palm seed export ban?
Malaysia can be the the world's largest supplier of germinated oil palm seeds, provided that the government drops its existing gazette that bans the export of the commodity.
The government, since the 1970s, prohibits the export of oil palm seeds to ensure enough supply for local farmers as well as protect the seeds' intellectual property rights from being copied by other oil palm producers. Malaysia, however, does supply oil palm seeds to Malaysian companies overseas as well as to Honduras, Colombia, Sierra Leone, Thailand and Indonesia on a government-to-government basis.
"Malaysia, in total, produce 80 million oil palm seeds, of which 50 million are supplied to local planters while the remaining 30 million can be sold to other customers. "We have received a lot of enquiries from overseas customers and hope that the government will lift this gazette,"
Read More >> here
Malaysia can be the the world's largest supplier of germinated oil palm seeds, provided that the government drops its existing gazette that bans the export of the commodity.
The government, since the 1970s, prohibits the export of oil palm seeds to ensure enough supply for local farmers as well as protect the seeds' intellectual property rights from being copied by other oil palm producers. Malaysia, however, does supply oil palm seeds to Malaysian companies overseas as well as to Honduras, Colombia, Sierra Leone, Thailand and Indonesia on a government-to-government basis.
"Malaysia, in total, produce 80 million oil palm seeds, of which 50 million are supplied to local planters while the remaining 30 million can be sold to other customers. "We have received a lot of enquiries from overseas customers and hope that the government will lift this gazette,"
Read More >> here
Saturday, January 29, 2011
Aloha 2011
Welcome 2011.
"My personal view is that when you expand beyond a certain size, you lose sight of your palms and more importantly, your people. It is not about being the biggest, it’s about being the most efficient.”
“In times of high prices, oil palm planters should remain focussed on improving their cost base and increasing yields. Nothing can reduce one’s costs of production faster than increasing yields and vice versa.
“Planters should also focus on increasing their productivity in most field operations by enhancing supervision or through newer practices such as mechanisation,”
Read More Here
"My personal view is that when you expand beyond a certain size, you lose sight of your palms and more importantly, your people. It is not about being the biggest, it’s about being the most efficient.”
“In times of high prices, oil palm planters should remain focussed on improving their cost base and increasing yields. Nothing can reduce one’s costs of production faster than increasing yields and vice versa.
“Planters should also focus on increasing their productivity in most field operations by enhancing supervision or through newer practices such as mechanisation,”
Read More Here
Friday, November 12, 2010
Thursday, November 4, 2010
Oil palm: 365,000 hectares to be replanted in 2011
October 29, 2010
KUALA LUMPUR, Oct 29 — The government’s new replanting scheme will target 365,000 hectares of Oil palms older than 25 years as the world’s No.2 palm Oil producer tries to lift flagging output, a top industry official said on Friday. Industry regulator the Malaysian Palm Oil Board’s (MPOB) new chairman, Shahrir Samad, said the scheme would take two to three years to complete and the government had pledged RM297 million under the 2011 budget.
The scheme is the latest initiative to boost yields in Malaysia, which has fallen behind top producer Indonesia in terms of output. An earlier industry-funded scheme to replant 200,000 hectares in 2008 in a bid to boost slumping prices was almost completed this year. I think we can easily achieve 17.5 million tonnes (in 2011) even with this new replanting scheme as there will be more young Oil palms coming into maturity,” Shahrir told Reuters in his first interview with the foreign media as MPOB chief. Shahrir’s forecast was 4.9 per cent lower than the government’s production target of 18.4 million tonnes for next year and roughly the same as his projection of 17.5 million tonnes in 2010.
Friday, October 8, 2010
Kalau di Malaysia???
NORHAMPTON - Seorang penternak diarah oleh pihak berkuasa haiwan membakar tanaman bernilai £8,000 (RM39,406) di ladang ternakannya di Brooklands, Britain selepas bahan buangan manusia bertaburan di tanah miliknya itu, lapor sebuah akhbar semalam.
Penternak itu, Ian Clegg percaya bahan buangan manusia itu seperti tuala wanita yang terdapat di ladangnya terjatuh dari sebuah pesawat. "Saya pergi untuk mengawasi ternakan dengan seorang anak lelaki saya pada Selasa lalu dan kami menemui najis manusia itu bertaburan di kawasan seluas 10.11 hektar," katanya.
Baca Lagi >>>
Thursday, September 30, 2010
New oil palm clone = oil YPH up to 10 tonnes per ha
KOTA KINABALU: A new oil palm clone dubbed Wakuba oil palm ramet brand was launched with a promise of doubling the current oil yield.
Named after TSH Resources Bhd unit TSH Biotech Sdn Bhd’s five-year-old tissue-culture laboratory in Wakuba Gading, Tawau, Sabah, the new clone promises an oil yield of up to 10 tonnes per ha compared with the average current yield of about 4.5 tonnes per ha in the country
Wakuba Wakuba Wakuba...
Read More
KOTA KINABALU: A new oil palm clone dubbed Wakuba oil palm ramet brand was launched with a promise of doubling the current oil yield.
Named after TSH Resources Bhd unit TSH Biotech Sdn Bhd’s five-year-old tissue-culture laboratory in Wakuba Gading, Tawau, Sabah, the new clone promises an oil yield of up to 10 tonnes per ha compared with the average current yield of about 4.5 tonnes per ha in the country
Wakuba Wakuba Wakuba...
Read More
Friday, September 24, 2010
Top Job For Him??
Headhunter beware....
The prodigal son of sime darby is available now...!
Bidding start with 50k a month and 5000 shares....
read more here.
The prodigal son of sime darby is available now...!
Bidding start with 50k a month and 5000 shares....
read more here.
Saturday, September 11, 2010
Palm oil sector to generate RM4bil jobs
Association sees overseas factor making bigger impactIPOH: The Federation of Malaysian Foundry & Engineering Industries Association (FOMFEIA) expects the palm oil sector this year to generate about RM4bil worth of jobs, compared to about RM3bil in 2009, for its members involved in manufacturing equipment and providing engineering services to the industry.
FOMFEIA president Liew Chee Ming told StarBiz that over 50% of the jobs were likely to come from overseas as land suitable for oil palm activities in the country was becoming scarce and expensive.
“Business opportunities for our members are in providing new palm oil processing machinery and engineering services to maintain their plant and equipment.
According the MPOB report, the acreage of the oil palm estate in Malaysia grew by 4.5% to 4.7million ha in 2009 from 4.4 million ha in 2008.
“In Indonesia, the acreage of oil palm estate grew to 7.1 million ha in 2009, compared to 6.8 million in 2008, a rise of about 5%. “The Indonesian government allocated recently up to 9 million ha for oil palm cultivation,” he said. About 10% of FOMFEIA’s 3,000 members manufacture equipment and provide engineering services to the palm oil industry. “In Malaysia, the production of crude palm oil is expected to increase by 3.1% to 18.1 million tonnes this year, compared to 17.56 million tonnes in 2009, according to the Malaysia Palm Oil Board recent report.
“Till June this year, Malaysia’s crude palm oil production has already reached 7.9 million tonnes,” he said.
Liew also urged the Government to allocate for infrastructure spending for its forthcoming 2011 budget to stimulate the engineering sector. “In 2004, the Government had allocated about RM10bil for infrastructure works in the country. We hope the Government would allocate a similar amount for infrastructure, as the country’s economy is still in the recovery stage,” he said.
MSHK Engineering Sdn Bhd, a leading oil palm factory turnkey contractor in the country, has invested about RM53mil in expanding its plant in Ipoh and to acquire 6,000 acres of mature oil palm plantations in Sarawak to supply fresh fruit bunches to the domestic market. Executive director C.H. Liew said the company was now eyeing new oil palm equipment markets in Papua New Guinea.
“We are now providing engineering services for several Malaysian oil palm companies operating in Indonesia. We expect our business to grow about 10% this year, despite a challenging economic climate, due to strong overseas demand for our equipment and services. About 50% of our business comes from overseas,” he said.
Meanwhile, Penang Foundry & Engineering Industries Association (PENFEIA) president Datuk Ng Chai Eng said that as there was volatility in the semiconductor equipment market, PENFEIA members involved in precision tooling activities should diversify into providing the sheet metal and machine structure fabrication services for high-tech industrial and medical equipment.
“There are a lot of opportunities in this area from China, where there are multinational corporations keen to outsource machine structure fabrication work to countries like Malaysia that can provide consistent quality work. “In this area of work, we face competition only from Thailand,” he said. Ng said PENFEIA had 200 members, and some 50% of them had already moved into the machine structure fabrication business. “To retain skilled workers, our members have recently raised wages by 15% to 20% for all their technical and engineering staff,” he said.
read more >> here
Tuesday, August 10, 2010
Malaysian Planters Shall Worried..!!
Why Indons replaced M'sia as top palm oil producer?
INDONESIA’S taking over Malaysia as the world’s largest crude palm oil (CPO) producer in 2006 had often been associated with the mammoth size of the oil palm planted areas.
In fact, many however failed to comprehend that it was the much increased CPO production in the ensuing years – mainly in terms of higher fresh fruit bunches yield and oil extraction rates – that significantly set Indonesia far ahead from Malaysia’s continued stagnanting CPO production. This year CPO production in Indonesia is targeted to hit 21.5 million tonnes versus Malaysia’s 17.5 million tonnes.
Within five years, the former is also targeted to produce 27 million tonnes annually while Malaysia production is still expected to linger at 17 million to 18 million tonnes. While the glaring shift in the CPO production epicentre from Malaysia to Indonesia had resulted in changes in the supply equation, some market observers now fear that Malaysian plantation stocks could also stand to lose out on its attractiveness among international investors and fund managers.
Historically, the oil palm plantation sector in Indonesia had been the domain of state-owned companies. However, the early 1990s saw many private companies entering the industry, lured by attractive margins. Now it is said that 60% of the 7 million ha total planted area is owned by private companies, of which many have been seeking listing on the Stock Exchange of Singapore (SGX) and the Jakarta Stock Exchange (JSX).
Read more >> bizstarnews.
INDONESIA’S taking over Malaysia as the world’s largest crude palm oil (CPO) producer in 2006 had often been associated with the mammoth size of the oil palm planted areas.
In fact, many however failed to comprehend that it was the much increased CPO production in the ensuing years – mainly in terms of higher fresh fruit bunches yield and oil extraction rates – that significantly set Indonesia far ahead from Malaysia’s continued stagnanting CPO production. This year CPO production in Indonesia is targeted to hit 21.5 million tonnes versus Malaysia’s 17.5 million tonnes.
Within five years, the former is also targeted to produce 27 million tonnes annually while Malaysia production is still expected to linger at 17 million to 18 million tonnes. While the glaring shift in the CPO production epicentre from Malaysia to Indonesia had resulted in changes in the supply equation, some market observers now fear that Malaysian plantation stocks could also stand to lose out on its attractiveness among international investors and fund managers.
Historically, the oil palm plantation sector in Indonesia had been the domain of state-owned companies. However, the early 1990s saw many private companies entering the industry, lured by attractive margins. Now it is said that 60% of the 7 million ha total planted area is owned by private companies, of which many have been seeking listing on the Stock Exchange of Singapore (SGX) and the Jakarta Stock Exchange (JSX).
Read more >> bizstarnews.
Saturday, August 7, 2010
Is the worst over for Sime Darby?
Several steps are needed for a return to confidence, the first being the unvarnished truth. One of the best ways to kill the reputation of a company is to let the bad news dribble out in bits and pieces. What that does is to keep the investing public in a constant state of tension wondering what’s round the corner, bleeding confidence.
Sime Darby found out – yet again – that’s not good for the share price which tumbled in the wake of rumours that it may need to provide as much as RM2.5bil to RM3bil for its final quarter to June 30 and wiping out profits for the full year. All Sime Darby said late Thursday was that it would still be in the black when it reports its results later this month. That’s some, but scant, consolation and what anyone will read between the lines is that Sime Darby will make some provisions but not as much as the rumours envisaged it would.
So the latest guessing game in town is how much more provisions Sime Darby is going to make and for which project or projects. If those questions are not answered satisfactorily – and soon – then expect continued uncertainty in the share price and prolonged depressed valuations, especially given its recent already tumultuous history.
Read More >> The StarBiz, Saturday August 7, 2010
2. ‘Kitchen-sinking’ at Sime Darby by new CEO
PETALING JAYA: Within a mere 20 days of being in office, Sime Darby’s new chief executive Datuk Mohd Bakke Salleh has been actively carrying out a “kitchen sinking” exercise in the group to ensure that all cost overruns and questionable claims are provided for in the group’s fourth quarter results, reliable sources said.
“Since coming in, Bakke has been digging into the books, scouring the group’s past dealings. “You would only expect him to do so. “New CEOs tend to kitchen-sink to start from a clean slate,” said a source familiar with the workings of the group. Sime Darby has yet to respond to queries from StarBizWeek on this.
Bakke was appointed as acting president and group chief executive on July 15, replacing Datuk Seri Ahmad Zubir Murshid, who had earlier been asked to take a leave of absence in relation to losses stemming from Sime Darby’s engineering and utilities (E&U) division. Sources said that there were likely to be provisions to the tune of at least a RM100mil coming from projects already provided for or from a newly secured Indian project.
It is understood that in January this year, Sime Darby, together with Singapore-based Swiber Holdings Ltd, had won a contract to build offshore platforms for Oil & Natural Gas Corp in India. The deals cover engineering, procurement, construction, installation and commissioning work. Work has commenced and is expected to be completed by the second quarter of 2011. It is possible that Sime Darby had under-bid for their portion of this contract, not unlike what it is believed to have done in the other E&U projects for which it has provided for
Read more >> http://biz.thestar.com.my/news/story.asp?file=/2010/8/7/business/6816218&sec=business
Sime Darby found out – yet again – that’s not good for the share price which tumbled in the wake of rumours that it may need to provide as much as RM2.5bil to RM3bil for its final quarter to June 30 and wiping out profits for the full year. All Sime Darby said late Thursday was that it would still be in the black when it reports its results later this month. That’s some, but scant, consolation and what anyone will read between the lines is that Sime Darby will make some provisions but not as much as the rumours envisaged it would.
So the latest guessing game in town is how much more provisions Sime Darby is going to make and for which project or projects. If those questions are not answered satisfactorily – and soon – then expect continued uncertainty in the share price and prolonged depressed valuations, especially given its recent already tumultuous history.
Read More >> The StarBiz, Saturday August 7, 2010
2. ‘Kitchen-sinking’ at Sime Darby by new CEO
PETALING JAYA: Within a mere 20 days of being in office, Sime Darby’s new chief executive Datuk Mohd Bakke Salleh has been actively carrying out a “kitchen sinking” exercise in the group to ensure that all cost overruns and questionable claims are provided for in the group’s fourth quarter results, reliable sources said.
“Since coming in, Bakke has been digging into the books, scouring the group’s past dealings. “You would only expect him to do so. “New CEOs tend to kitchen-sink to start from a clean slate,” said a source familiar with the workings of the group. Sime Darby has yet to respond to queries from StarBizWeek on this.
Bakke was appointed as acting president and group chief executive on July 15, replacing Datuk Seri Ahmad Zubir Murshid, who had earlier been asked to take a leave of absence in relation to losses stemming from Sime Darby’s engineering and utilities (E&U) division. Sources said that there were likely to be provisions to the tune of at least a RM100mil coming from projects already provided for or from a newly secured Indian project.
It is understood that in January this year, Sime Darby, together with Singapore-based Swiber Holdings Ltd, had won a contract to build offshore platforms for Oil & Natural Gas Corp in India. The deals cover engineering, procurement, construction, installation and commissioning work. Work has commenced and is expected to be completed by the second quarter of 2011. It is possible that Sime Darby had under-bid for their portion of this contract, not unlike what it is believed to have done in the other E&U projects for which it has provided for
Read more >> http://biz.thestar.com.my/news/story.asp?file=/2010/8/7/business/6816218&sec=business
We’ll act fairly to solve estate workers’ plight
TheStar Saturday August 7, 2010
PUTRAJAYA: The Government has always acted fairly in discussions with former workers of Ladang Bukit Jalil, Human Resources Minister Datuk Dr S. Subramaniam said.
“This has been going on for a long time and we want to resolve this issue in a fair manner, with the co-operation of the former residents and the Government,” he told a press conference yesterday to clarify reports that the Government had not done anything to help the former workers. He said the workers’ representatives had 11 rounds of discussions with the Federal Territories and Urban Well-being Ministry and Kuala Lumpur City Hall and another 16 meetings with officials from the Manpower Department.
Dr Subramaniam said the representatives had wanted to meet him on Thursday but the meeting was rescheduled to yesterday. “But they called late Thursday and said they would not be able to come for the meeting,” he added. Dr Subramaniam said a meeting involving the workers’ representatives, National Union of Plantation Workers, the Federal Territories and Urban Well-being Ministry and DBKL would be held next week. He said each of the former workers had been offered a RM35,000 low-cost unit flat with a RM2,000 rebate and relocation expenses of RM1,000.
He said the workers’ representatives had met him on Aug 3 requesting his assistance to stop the demolition work by DBKL, adding that he had spoken to Prime Minister Datuk Seri Najib Tun Razak, Deputy Prime Minister Tan Sri Muhyiddin Yassin and Federal Territories and Urban Well-being Minister Datuk Raja Nong Chik Raja Zainal Abidin to postpone it. Dr Subramaniam said the workers’ representatives had requested for an official letter on the offer for the houses and it had been given to them.
On a question that workers wanted low-cost houses instead of flats, he said it was not feasible for houses to be built in major towns.
PUTRAJAYA: The Government has always acted fairly in discussions with former workers of Ladang Bukit Jalil, Human Resources Minister Datuk Dr S. Subramaniam said.
“This has been going on for a long time and we want to resolve this issue in a fair manner, with the co-operation of the former residents and the Government,” he told a press conference yesterday to clarify reports that the Government had not done anything to help the former workers. He said the workers’ representatives had 11 rounds of discussions with the Federal Territories and Urban Well-being Ministry and Kuala Lumpur City Hall and another 16 meetings with officials from the Manpower Department.
Dr Subramaniam said the representatives had wanted to meet him on Thursday but the meeting was rescheduled to yesterday. “But they called late Thursday and said they would not be able to come for the meeting,” he added. Dr Subramaniam said a meeting involving the workers’ representatives, National Union of Plantation Workers, the Federal Territories and Urban Well-being Ministry and DBKL would be held next week. He said each of the former workers had been offered a RM35,000 low-cost unit flat with a RM2,000 rebate and relocation expenses of RM1,000.
He said the workers’ representatives had met him on Aug 3 requesting his assistance to stop the demolition work by DBKL, adding that he had spoken to Prime Minister Datuk Seri Najib Tun Razak, Deputy Prime Minister Tan Sri Muhyiddin Yassin and Federal Territories and Urban Well-being Minister Datuk Raja Nong Chik Raja Zainal Abidin to postpone it. Dr Subramaniam said the workers’ representatives had requested for an official letter on the offer for the houses and it had been given to them.
On a question that workers wanted low-cost houses instead of flats, he said it was not feasible for houses to be built in major towns.
Sunday, August 1, 2010
Sabah stops export of endangered fish
Sabah stops export of endangered fish
Published on: Saturday, July 31, 2010 Kota Kinabalu: Forty-five juvenile humphead wrasse - one of the most desirable fish in the world because of its delicious flavour and texture - were released to various reefs in Tunku Abdul Rahman Park Friday morning, aimed at restocking its rapidly declining wild population in Sabah. Wildly over-fished, the humphead wrasse was one of the first fish to be listed as "endangered species" under IUCN in 2004.  Read More >> http://www.dailyexpress.com.my/news.cfm?NewsID=73785 |  |
Friday, July 23, 2010
Palm Plantations Of Australia
Palm Plantations Of Australia
Palm Plantations of Australia is a world leader in sustainable palm oil plantation development, management, palm seed production and export since the establishment of its first plantations in 1996. It was the first company in Australia to establish plantations specifically for the production of palm seed.
Oil Palm Comparison
A comparison between SIRIM (Malaysian Govt Palm Oil Seed Certifying Authority) and our minimum qualifying requirement with regards to the mother palm and progeny (offspring) performance is given below.
SIRIM Min Standard | Our Super Yield | |
| Minimum Dura Yield | 160kg | 250kg |
| Oil to Bunch | 16% | 18% |
| Oil Yield / Palm | 25.6kg | 45kg |
| Min Progeny Yield | 160kg | 250kg |
| Oil to Bunch | 24% | 27% |
| Progeny Oil Yield / Palm | 38.4kg | 67.5kg |
| Minimum Kernel Yield | 3% | 5% |
| Oil Yield/Ha (136 Palms) | 5.22 tonns | 9.18 tons |
| Oil Yield/Ha (156 Palms) | 10.5 tons |
The extra oil yield (5.28ton) at USD$900/ton will earn an extra USD$4750/Ha every year.
Certified Oil Palm Field Trial - 125 Hectares
19th-24th month Yield/Ha 7.54tons
25th-36th month Yield/Ha 10.61tons
37th-48th month Yield/Ha 20.28tons
49th-60th month Yield/Ha 25.27tons
61st-72nd month Yield/Ha 35.65tons
Higher ratio of female flowers
Our oil palms have been critically culled for over 20 years for nearly 100% female flowers.
Higher bunch weights
Our oil palm bunches provide yields over six kilograms above the industry average.
Higher bunch numbers
Our oil palms consistently produce an average 16 bunches per tree per year from Year 2.
Higher oil to bunch ratio
Our oil palms achieve above 32% oil to bunch ratio when industry average of only 25% is achieved.
Higher oil recovery
Our oil palms produce more oil within fruits when compared to industry standards.
Higher Density Planting
Our Oil Palms have shorter more erect fronds making it possible to plant 156 trees/hectare as compared with industry standard of 132 oil palms/hectare.
Tissue Cultured Material
We are entering the Biotechnology field with the construction of a tissue culture laboratory. Tissue Culture enables replication of individual high performing Palm in large scale and shorter time. Tissue Culture ensures that ramets(offspring) produced are identical to that of the original palm.
Traits such as higher oil/bunch is highly heritable and transferable to the next generation. An improvementof 20-30%oil yield can be expected over conventional DxP planting material.
Find more details >>> http://www.palmplantations.com.au/oil-palm-seeds.htm
Thailand to expand rubber plantations, raise export tax
Thailand to expand rubber plantations, raise export tax
July 22, 2010
A rubber plantation in Sumatra, Indonesia. Thailand is the world’s biggest producer and exporter of rubber. — Reuters pic
BANGKOK, July 22 — Thailand, the world’s biggest producer and exporter of rubber, is expanding its cultivation with a further 128,000 hectares of plantations from next year, a deputy agriculture minister said today.
“The plan has already been approved by the Cabinet. We are now at the stage of preparing the rubber saplings and we expect to start planting early next year,” Supachai Phosu told Reuters. Rubber trees take five to seven years to mature and so could start producing latex in 2017, he said.
The Agriculture Ministry also planned to raise the tax on rubber exports, setting progressive rates that rise in line with rubber prices, he said. “The plan will be submitted for Cabinet approval next week and we expect to implement the new rates by October,” he said. The current rubber export tax is set at a fixed rate of 1.40 baht (14 sen) per kg. — Reuters
Tuesday, June 1, 2010
Foreign workers in oil palm sector to get another five years
Foreign workers in oil palm sector to get another five years
Tuesday June 1, 2010
KUALA LUMPUR: Foreign workers who have been employed in the oil palm plantation sector for five years will be allowed to have their permits renewed for another five years to overcome the issue of labour shortage, said Tan Sri Muhyiddin Yassin.
The Deputy Prime Minister said the Government was concerned over this problem. “The Government is aware that if drastic early measures are not taken, it would jeopardise the productivity and competitiveness of this sub-sector,” he said in a statement here yesterday. Muhyiddin added that plantation was still one of the sectors in the country which was labour-intensive and the lack of participation among the locals had caused it to employ many foreign workers.
According to research conducted by a few agencies under the Plantation Industries and Commodities Ministry last year, the number of foreigners working in the plantation sector was 520,449 people or 52% of its total workforce. — Bernama
Tuesday June 1, 2010
KUALA LUMPUR: Foreign workers who have been employed in the oil palm plantation sector for five years will be allowed to have their permits renewed for another five years to overcome the issue of labour shortage, said Tan Sri Muhyiddin Yassin.
The Deputy Prime Minister said the Government was concerned over this problem. “The Government is aware that if drastic early measures are not taken, it would jeopardise the productivity and competitiveness of this sub-sector,” he said in a statement here yesterday. Muhyiddin added that plantation was still one of the sectors in the country which was labour-intensive and the lack of participation among the locals had caused it to employ many foreign workers.
According to research conducted by a few agencies under the Plantation Industries and Commodities Ministry last year, the number of foreigners working in the plantation sector was 520,449 people or 52% of its total workforce. — Bernama
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