Zuraida: So far, we have no worries because we definitely have no shortages at all. - A + A (May 24): Malaysia, the world’s second-biggest palm oil producer, has ruled out curtailing cooking oil exports as it has enough supplies to meet local demand and will instead focus on targeting subsidies to ensure it benefits the most needy consumers. “So far, we have no worries because we definitely have no shortages at all,” Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin said in an interview Tuesday (May 24). “Most of the time we export more than half of what we produce, and we still have an excess to export,” she said from her office in the administrative capital Putrajaya. The nation aims to fill the gap in the edible oil market caused by the Ukraine war, as well Indonesia’s export curbs on palm oil, Zuraida said. She forecasts Malaysia’s palm oil production may rebound to 23 million to 25 million tonnes in 2022, versus last year’s 18.1 … [Read more...] about Malaysia rules out curbs on cooking oil exports, minister says
India malaysia fta takes effect today
Co-operatives involved in plantations can take on foreign workers, says Noh Omar
KUALA LUMPUR: The Cabinet agreed on Tuesday (May 24) that co-operatives involved in the plantation sector will be given the opportunity to recruit foreign workers, effective immediately. This was to enable co-operatives to be involved in the cultivation of food products such as corn, which was currently needed by the country to overcome the issue of shortage of chicken supply in the market. Entrepreneur Development and Co-operatives Minister Tan Sri Noh Omar (pic) said under the existing regulations set by the Human Resource Ministry, a company must be registered with the Companies Commission of Malaysia (SSM) if they wanted to apply to recruit foreign workers. "However, the co-operatives are not registered under SSM because they are under the Co-operative Commission of Malaysia (SKM). "But the Cabinet yesterday had agreed that co-operatives involved in plantations can apply to recruit foreign workers and the confirmation process on the existence of these co-operatives will be … [Read more...] about Co-operatives involved in plantations can take on foreign workers, says Noh Omar
GoFirst to expand international operations with IPO proceeds: Sources
GoFirst, the budget airline previously known as GoAir, is looking to expand overseas operations after its Rs 3,600 crore initial public offering is completed, people close to the company told Moneycontrol. The airline plans to start flying to Nepal, Sri Lanka, Malaysia, Cambodia and Vietnam and also increase flights to countries in West Asia, they said. The budget airline plans to launch its delayed IPO in the second quarter of this financial year. Morgan Stanley, Citibank and ICICI Securities are the merchant bankers for the IPO. The company plans to raise 75 percent of the funds through qualified institutional placement, the people said. GoFirst plans to use Rs 2,200 crore raised from the IPO to reduce debt and repay lessors. The remaining Rs 1,600 crore will be deployed to increase operations in India and internationally. “GoFirst has trained its pilots to fly to Kathmandu and will first look at launching flights to Kathmandu and Colombo,” one person said. The airline … [Read more...] about GoFirst to expand international operations with IPO proceeds: Sources
Rising global food protectionism risks worsening inflation woes
- A + A LONDON (May 24): Food protectionism is on the rise in the developing world as governments try to safeguard local supplies, and the effects are threatening to spill over into richer economies. Countries are restricting exports to cope with high prices that have been exacerbated by the war in Ukraine. Malaysia just announced a ban on chicken exports, causing consternation in Singapore, which gets a third of its supplies from there. India has moved to curb wheat and sugar shipments, Indonesia has limited palm oil sales, and some other nations have issued grain quotas. The poorest countries are most vulnerable to surging food prices and shortages, but wealthier economies are not immune. For example, almost 10 million Britons cut back on food in April amid a cost-of-living crisis. US restaurants are shrinking the size of their portions, while France has pledged to issue food vouchers to some households. "Lower-income households in the UK and the US are … [Read more...] about Rising global food protectionism risks worsening inflation woes
Installation of Anti-lock Braking System to be compulsory for new motorcycles 150cc above
Transport Minister Datuk Seri Dr Wee Ka Siong (The Edge filepix by Sam Fong) - A + A MELAKA (May 24): A detailed study towards making the installation of Anti-lock Braking System (ABS) compulsory for all new motorcycles will be implemented soon. Transport Minister Datuk Seri Dr Wee Ka Siong said the installation will be compulsory for all new motorcycles with 150 cc engine capacity and above. He explained that the study by the Malaysian Institute of Road Safety Research (MIROS) is expected to be finalised within six months, with the implementation of the ABS system installation expected within two years from when the study is completed. "The same period will also be used to amend existing laws for the purpose of making the installation of ABS compulsory. “But I stress that this is not made hastily or in a rush. We won’t just announce today, expecting it to be implemented tomorrow. We give MIROS six months to conduct a study, discuss with consumer … [Read more...] about Installation of Anti-lock Braking System to be compulsory for new motorcycles 150cc above
Khairy named VP of next year’s World Health Assembly
Reports by MARTIN CARVALHO, RAHIMY RAHIM and TARRENCE TAN Expressing his gratitude for the unanimous nomination by delegates as vice-president, Khairy said the voice of the Western Pacific region would be brought to the world assembly. “Thank you to all the @WHOWPRO countries for unanimously nominating Malaysia as vice-president for WHA 2022. “We will bring the voice of the Western Pacific to the world assembly especially on the principles of equity, solidarity and accountability,” he said in a statement on Twitter. Health director-general Tan Sri Dr Noor Hisham Abdullah said it was indeed a great honour for Malaysia to be accorded the vice-presidency of WHA, adding that this would be the opportunity to pursue a bigger role in the global health arena. “Today, I am pleased to announce that at the 72nd WHO Regional Committee Meeting for the Western Pacific Region (WPR) in Himeji, Japan, (Health Minister) Khairy Jamaluddin has been unanimously nominated by Western Pacific … [Read more...] about Khairy named VP of next year’s World Health Assembly
4 Things High Risk People Need Now To Fight Covid
Share to Twitter Share to Linkedin People with disabilities and chronic illnesses are asking themselves — not for the first time in the last few years — “What do we do now?” As a May 21, 2022 article in The Hill observes, “Americans are ‘checked out’ on COVID-19:” “Even in blue cities, restaurants are packed with people, and many Americans don’t wear masks even on the subway or on airplanes.” If the current surge continues, this may well turn out to be a serious problem for everyone. But this resolutely lax attitude already poses something close to an existential crisis for people with chronic illnesses and disabilities. High risk people today see a combination of more transmissible Covid variants, vaccines that may be losing effectiveness, funding for vaccines and treatments drying up, and public commitment to any sort of precautions just about gone. The disability community sees disaster looming — more mass death and disablement, and a choice … [Read more...] about 4 Things High Risk People Need Now To Fight Covid
Hollywood’s Cultural Critic Jason Lee Dispels Cancel Culture
Share to Twitter Share to Linkedin Jason Lee , the media maverick behind Hollywood Unlocked, has had an unique career path. Lee, an LGBTQA+ media personality, author, entrepreneur, and CEO of Hollywood Unlocked (HU) — a leading urban entertainment company — is well-known for his controversial opinions on the entertainment industry. In order to turn over a fresh leaf, Lee has decided to reinvent himself and redefine what he genuinely represents. Lee first appeared on the media landscape in the early 2010s, after leveraging contacts with celebrities and social media influencers to launch the successful online media company Hollywood Unlocked, which spawned the television and radio show Hollywood Unlocked with Jason Lee in 2015. The 44-year-old from Stockton, California, was always spilling tea, although in a different role, before starting his media company. Lee worked for SEIU United Healthcare Workers in California, where he was one of the few black … [Read more...] about Hollywood’s Cultural Critic Jason Lee Dispels Cancel Culture
Subscribe to Aether Industries: Hem Securities
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Hem Securities IPO report on Aether Industries Aether Industries Limited is a speciality chemical manufacturer in India focused on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and technology core competencies. Valuation and Outlook Company with its experienced promoters and senior management with extensive domain knowledge is looking decent avenue to deploy the funds in. Hence we recommend “Subscribe” on issue. For all IPO stories, click here Close Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified … [Read more...] about Subscribe to Aether Industries: Hem Securities
Hearing Health Startup Soundly Wants To Revolutionize How People Should Treat Their Ears
Share to Twitter Share to Linkedin Led largely by the response to Apple’s Best Picture Oscar-winning film CODA , interest in the Deaf and hard-of-hearing communities has never been higher. Interest in taking sign language classes has skyrocketed since the film debuted, and there continues to be a newfound reverence for not only this segment of the disability community but of children of deaf adults as well. As a lifelong CODA, I personally can attest CODA is as much about Ruby Rossi constantly shifting between worlds—deaf and hearing—as it is whatever heartwarming-bordering-on-inspiration-porn cliches critics and fans have said about it. The familial dynamics depicted in the movie is what resonated with me, particularly since I could understand the dialogue between Ruby and her parents without relying on the subtitles. ASL is my first language and I speak it fluently. Along those lines of amplifying hearing disabilities, Blake Cadwell’s Soundly , which … [Read more...] about Hearing Health Startup Soundly Wants To Revolutionize How People Should Treat Their Ears