• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Business News

Latest business breaking news from around the world

  • Home
  • Markets
  • Business
  • Investing
  • Tech
  • Politics

Indonesia

Pride and prejudice: Govt summons UK ambassador over LGBT flag ‘incident’

May 25, 2022 by www.thejakartapost.com

Yvette Tanamal (The Jakarta Post) PREMIUM Jakarta   ● Wed, May 25, 2022 The government appears to have caved in to public pressure after the British Embassy in Jakarta raised a rainbow flag in honor of the lesbian, gay, bisexual and transgender (LGBT) community last week, eliciting backlash in conservative-leaning Indonesia. The Foreign Ministry summoned British Ambassador to Indonesia Owen Jenkins on Monday to express its disapproval of the embassy’s decision to fly the flag at its Jakarta compound, a spokesman confirmed on Tuesday, even as some experts insist the embassy had not violated any regulations. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and programs Subscription to our newsletters We accept Register to read 3 premium articles for free Already … [Read more...] about Pride and prejudice: Govt summons UK ambassador over LGBT flag ‘incident’

Filed Under: World LGBT|LGBT-in-Indonesia|British-ambassador|Retno-Marsudi|foreign-affairs|Owen-Jenkins, zombie movie pride and prejudice, book type pride and prejudice, genderbent pride and prejudice, lgbt world pride, ann herendeen pride prejudice, jury summons uk, 95 pride and prejudice, whos pride and whos prejudice, why does pride and prejudice have two endings, pride and prejudice why does wickham elope with lydia, pride and prejudice why does charlotte marry mr collins, why does pride and prejudice have blanks, where pride and prejudice set, pride and prejudice where is it filmed, pride for lgbt, pride and prejudice most ardently quote, pride and prejudice most famous quotes, lgbt flag with x, different lgbt flags, darcy's best friend pride prejudice

India to limit sugar exports in risk to global food prices

May 24, 2022 by www.theedgemarkets.com

- A + A (May 24): India is set to restrict sugar exports as a precautionary measure to safeguard its own food supplies, another act of protectionism after banning wheat sales just over a week ago. The government is planning to cap sugar exports at 10 million tons for the marketing year that runs through September, according to a person familiar with the matter. The aim is to ensure there are adequate stockpiles before the next sugar season starts in October, the person said, asking not to be identified as the information is private. The move may be announced in the coming days, the person said. India was the world’s biggest sugar exporter after Brazil last year, and counts Bangladesh, Indonesia, Malaysia and Dubai among its top customers. A spokesman for both the food and commerce ministries didn’t immediately respond to a request for comment. Sugar futures in London rose as much as 1.1%. Producers in India plunged, with Shree Renuka Sugars Ltd sliding as much as … [Read more...] about India to limit sugar exports in risk to global food prices

Filed Under: Uncategorized 6s exports (india) private limited, rallis india limited share price, usefulness and limitations of global flood risk models, engineers india limited share price, sugar s 30 prices india, about mondelez india foods limited, citigroup global markets india private limited, umv global food investments limited, wyn aqua exports limited share price, khadim india limited share price, bata india limited share price, sabar export india private limited ahmedabad gujarat, bevin exports india private limited, risk management m/s macmillan india limited, stallion global india private limited, global tech india private limited, global tech india private limited pune maharashtra, about sapphire foods india private limited, nlc india limited share price, global gate import export company limited

Malaysia rules out curbs on cooking oil exports, minister says

May 24, 2022 by www.theedgemarkets.com

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

Filed Under: Uncategorized best cooking oil, waste cooking oil collection, oil exporting countries, us oil exports, oil exports, us crude oil exports, cooking oil, rice cooking oil, cooking oils, healthy cooking oils, using cooking oil, Vegetable cooking oils, recycled cooking oil, oil exporting nations, oil exporting companies, oil export, healthy cooking oils to use, disposal cooking oil, disposal used cooking oil, filter used cooking oil

GDEX falls into the red for the first time ever amid stiff competitions in 1QFY22

May 24, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (May 24): Logistics and express carrier provider GDEX Bhd posted a net loss of RM1.9 million in the first quarter ended March 31, 2022 (1QFY22), the first time since it was listed in 2005, amid tough competitions at home and higher operating costs. The group reported a 13.16% decline in revenue during the quarter to RM91.89 million, compared with RM105.81 million a year ago, amid lower contributions from its courier services segment. Geographically, Malaysia and Vietnam collectively made up the majority, or 99.6%, of GDEX's revenue, while Singapore contributed the balance 0.4%, according to GDEX. GDEX managing director Teong Teck Lean said in a statement accompanying the results that the group continues to face headwinds in Malaysia due to predatory pricing. "The competitive pricing environment is destructive, with some players offering free delivery service to grow their volume. However, this practice seems to be slowing down and we … [Read more...] about GDEX falls into the red for the first time ever amid stiff competitions in 1QFY22

Filed Under: Uncategorized falls 7 times stand up 8, falls 7 times, fall back time change 2017, fall 6 times get up 7, fall 7 times stand up 8, fall 7 times stand up 8 meaning, fall 7 times, fall 7 times stand up 8 bible verse, fall 7 times get up 8 meaning, fall 7 times stand up 8 bible, fall 7 times stand up 8 quote, fall 8 times stand up 9, fall 8 times get up 9, borderlands 2 stiff competition, rains fall red dead, rains fall red dead redemption, stiff competition synonym, donner falls red dead redemption 2, donner falls red dead, cumberland falls red dead redemption 2

TSH’s 1Q profit up six times over on stronger palm product prices, disposal gain

May 24, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (May 24): TSH Resources Bhd's profit surged to RM101.86 million for the first quarter ended March 31, 2022 (1QFY22), over 6.5 times the RM15.57 million it recorded in the same quarter last year, thanks to higher palm product prices and gains from the disposal of an estate and palm oil mill, partially offset by lower sales volume. The planter's revenue grew 38.21% to RM337.35 million from RM244.08 million, its bourse filing showed. Earnings per share jumped to 6.99 sen from 1.51 sen. The Sabah-based company did not declare any dividend. The group said 92.57% of its group revenue was contributed by its palm products segment, from which it gained a profit of RM129.41 million — more than double the RM61.14 million it achieved in 1QFY21. Excluding the pre-tax disposal gain of RM53.2 million, the palm products segment's profit would have come in at RM76.2 million, as significantly higher average selling prices (ASPs) of crude palm oil and palm kernel … [Read more...] about TSH’s 1Q profit up six times over on stronger palm product prices, disposal gain

Filed Under: Uncategorized ford 1q profit, godrej yummiez products price, drug 50 times stronger than morphine, robotic muscle 1000 times stronger, disposal gain, disposal gain or loss, herb 100 times stronger than chemo, sarawak oil palm share price, socks 15 times stronger than steel, palms buffet prices, demons 7 times stronger, dsuvia 1000 times stronger, graphene 200 times stronger than steel, cif rotterdam palm oil price, 10 times stronger than a human, carbon fiber 5 times stronger than steel, small time rentals palm springs, palm pilot price, muhibah palm products sdn bhd, muhibbah palm products

Farm Fresh 4Q earnings up 51% on increase in sales and price hikes, FY22 profit up 121%

May 24, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (May 24): Farm Fresh Bhd's net profit for the fourth quarter ended March 31, 2022 (4QFY22) surged 50.63% to RM17.68 million from RM11.74 million a year earlier, on a higher gross profit margin. In a bourse filing on Tuesday (May 24), the group said the higher gross margin reflected both an increase in sales as well as a price increase of its chilled ready-to-drink (RTD) milk products and ambient RTD products by an average of 5% which it implemented in September and December 2021 respectively. It noted that gross profit margin improved from 27.6% to 28.6% a year ago. Meanwhile, quarterly revenue was marginally up by 0.44% to RM128.07 million from RM127.51 million. It noted that its Malaysian operation's revenue grew by 6.16% to RM120.68 million from RM113.68 million a year ago, driven by the recovery in economic activities and consumer confidence on the heels of further easing of restrictions and reopening of borders. However, revenue fell … [Read more...] about Farm Fresh 4Q earnings up 51% on increase in sales and price hikes, FY22 profit up 121%

Filed Under: Uncategorized 4q earnings calendar, 4q earnings, 4q earnings season, 4q earnings schedule, citigroup 4q earnings, abbvie 4q earnings, exxon 4q earnings, monsanto 4q earnings, exxonmobil 4q earnings, amazon 4q earnings, apple 4q earnings, tesla 4q earnings, google 4q earnings, halliburton 4q earnings, jpm 4q earnings, jnj 4q earnings, jd 4q earnings, jcp 4q earnings, netflix 4q earnings, nvda 4q earnings

India considers tax cut on soybean and sunflower oil to cool prices

May 24, 2022 by www.theedgemarkets.com

- A + A NEW DELHI (May 24): India is considering cutting an import levy on soybean and sunflower oils, another step in a series of measures the country has taken to cool surging local prices of food. The government is deliberating whether to reduce the agriculture infrastructure and development cess, which is currently 5%, or abolish it, according to a person familiar with the matter. A final decision may be taken this week, said the person, who asked not to be identified as the information is private. A finance ministry spokesperson was not immediately available to comment. The extra levy is used by the government to collect funds for farm infrastructure projects. Curbing the tax could be one of the limited options available for the government to reduce surging vegetable oil prices in the world's second most-populous nation. India has already scrapped base import levies on most cooking oils, including palm oil and soybean oil, and imposed inventory limits to … [Read more...] about India considers tax cut on soybean and sunflower oil to cool prices

Filed Under: Uncategorized jasmine oil price in india, castrol 15w40 engine oil price in india, excella sunflower oil 750ml price, opec expected to cut oil production to support price, koris blue cut lens price in india, why oil prices are rising in india, why cooking oil prices are rising in india, vegetable oil price in india, sunflower 5 litre oil price, sunflower fortune oil price, stone cutting machine price in india, indexmundi sunflower oil price

Rising global food protectionism risks worsening inflation woes

May 24, 2022 by www.theedgemarkets.com

- 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

Filed Under: Uncategorized globalization to protectionism, rise global, why rise in food allergies, why risks to inflation are on the rise, paterson global foods inc, impending global food crisis, belco global foods case study, nationalism on the rise globally, umv global food investments limited, umv global foods holding company ltd, charred food health risk, eurasia global food, problems rising globally on jiggers infestation, globalization versus protectionism, rising global temperature, what worsened the woes of california's depression, fao global food losses and food waste, global pre settlement risk, local food vs global food, maplecroft global water security risk index

WHO member states should disclose key info on vaccines, diagnostics and therapeutics, says Khairy

May 24, 2022 by www.thestar.com.my

PETALING JAYA: The 194 countries that are member states of the World Health Organisation (WHO) should disclose information on the intellectual property and manufacturing know-how of vaccines, diagnostics and therapeutics, said Khairy Jamaluddin. The Health Minister said Malaysia supports sustainable financing and reforms towards an international "health architecture" that will avoid "moral failure" in responses towards the Covid-19 pandemic. However, Khairy said any amendments to the International Health Regulation (IHR) will have to take into account the principles of equity, accountability and transparency and the sovereign process of member states. ALSO READ: Khairy confirmed as one of five vice presidents of World Health Assembly "Yes, by all means, hold member states accountable by disclosing key information of public health concerns. "But, let us call for the disclosure of intellectual property and manufacturing know-how of vaccines, diagnostics and therapeutics," … [Read more...] about WHO member states should disclose key info on vaccines, diagnostics and therapeutics, says Khairy

Filed Under: Uncategorized Khairy Jamaluddin, Health Director-General, Noor Hisham Abdullah, Geneva, World Health Assembly, News, vaccine info, therapeutic hpv vaccine, therapeutic vaccine hpv, therapeutic cancer vaccines, vaccination info, therapeutic vaccine hiv, therapeutic vaccines for cancer, saying no to vaccines, ec member states, warring city states answer key, when will therapeutic hpv vaccine be available, concierge key member, pct member states, congress united states members, europe member states, maryland diagnostic and therapeutic endo center, diagnostic key programming, state farm key code, therapeutic herpes vaccine, herpes therapeutic vaccine

Home Ministry to discuss with new source countries on recruiting security workers

May 25, 2022 by www.theedgemarkets.com

Home Minister Datuk Seri Hamzah Zainuddin - A + A PUTRAJAYA (May 24): The Home Ministry (KDN) will hold discussions with the Philippines, Indonesia and Bangladesh on the proposal to recruit workers from these new source countries for the security sector. Home Minister Datuk Seri Hamzah Zainuddin said a decision at the policy level had been agreed upon to bring in foreign labour from other countries, apart from Nepal. "However, to bring in these workers, they will have to meet the criteria (set), that is, the foreign workers need to have the work experience in the security sector in their own countries,” he told reporters after attending a Malaysian Maritime Enforcement Agency (MMEA) Hari Raya celebration here on Tuesday (May 24). He said the applications for foreign workers can be submitted after discussions on the matter had been held but their entry would depend on the decision of the source nations involved. Hamzah was previously quoted as saying that the … [Read more...] about Home Ministry to discuss with new source countries on recruiting security workers

Filed Under: Uncategorized home security home security, homes for sale new york city ny, homes for sale new palestine in, homes for sale new orleans, homes for sale new zealand, New Albany Country Club, Ministry of Human Resources and Social Security, New Alliance for Food Security and Nutrition, home ministry, The New School of Information Security, recruiting foreign workers, New French Country, Ministry of New and Renewable Energy, Home Depot in New York, new house country hotel, security workers, internal and external sources of recruitment, external sources of recruitment, Home Depot in New York City, source 4 recruitment

Primary Sidebar

RSS Recent Stories

  • Batu Kawan 2Q net profit up 21% on plantation and manufacturing segments strong showing
  • Sime Darby Property 1Q profit declines 22% y-o-y, dragged by lower property segment
  • Tan Chong Motor sinks into red in 1Q; declares 1.5 sen dividend
  • Wall Street is buying Treasuries again in bet worst is over
  • Radio broadcasting segment lifts Star Media to profitability in 1QFY22
  • Another perspective about Singapore’s rejection of preacher Somad
  • When Jokowi meets Elon in Texas
  • Surprises at SEA Games
  • Co-operatives involved in plantations can take on foreign workers, says Noh Omar
  • Home Ministry to discuss with new source countries on recruiting security workers

Sponsored Links

Copyright © 2022 Business News. Power by Wordpress.
Home - About Us - Contact Us - Disclaimers - DMCA - Privacy Policy - Submit your story