In conjunction with the Malaysian Rubber Exchange (MRE) Annual Dinner 2018 that was held on 5th October 2018, the ASEAN Rubber Business Council (ARBC) had organized two meetings: 21st Meeting of the Economic and Statistics Committee (ESC) and 23rd Meeting of the Technical Committee on Contract Matters (TCCM) at Hotel Istana Kuala Lumpur City Centre, Kuala Lumpur on 6th October 2018.
Among the important matters discussed in the ARBC meetings were international rubber trade contracts, NR statistics, the current market conditions, issues on international rubber trade as well as the administrative matters of the organisation.
Hosted by MRE, both meetings were attended by representatives from association members of ARBC such as Thai Rubber Association (TRA), Rubber Association of Indonesia (GAPKINDO), Rubber Trade Association of Singapore (RTAS), Malaysian Rubber Exchange (MRE)/Federation of the Rubber Trade Association of Malaysia (FRTAM), the Association for Rubber Development of Cambodia (ARDC) and Vietnam Rubber Association (VRA). MRE which is a Unit under Malaysian Rubber Board (MRB) is a permanent secretariat for ARBC.
