KUALA LUMPUR, 11 Feb — The Malaysian Rubber Board (LGM) says the Rubber Production Incentive has been activated for January 2020 for 440,000 rubber smallholders in Peninsular Malaysia, Sabah and Sarawak.
SINGAPORE (Reuters) - Asian currencies found support on Wednesday from a slowdown in the spread of coronavirus, but a strong dollar and caution about the rising death toll kept gains in check, while the New Zealand dollar jumped after the central bank dropped its easing bias.
TOKYO (Reuters) - Asian shares and Wall Street futures nudged higher on Wednesday amid hopes the worst of the coronavirus in China may have passed, although prevailing uncertainty about the outbreak has kept investors wary.
SEOUL (Reuters) - Oil prices rose for a second day on Wednesday amid preliminary signs that new coronavirus cases are slowing in China, easing concerns over the demand impact from the disease in the world’s second-largest oil consumer.
KUALA LUMPUR: The Malaysian rubber products industry expects highest annual trade surplus in 2019 on the back of global economic slowdown. Based on statistics from January to November last year, the industry recorded a trade surplus of RM14.3 billion.
KUALA LUMPUR (Feb 10): The growth of rubber products exports is expected to return to positive in 2020, contributed mainly by the increase in capacity and production of major glove players, as well as new investments in the dry rubber sector, specifically tyres, automotive parts and industrial goods, according to the Malaysian Rubber Export Promotion Council (MREPC).