HO CHI MINH — Unofficial, small trade border transactions continue to flourish in Vietnam’s rubber export to China although their number has fallen recently, industry insiders say. Rubber demand and prices have increased in the first months of this year,…
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RM26m for rubber replanting
LUNDU -The Rubber Industry Smallholders Development Authority (RISDA) has targeted to replant 5,000 ha of old rubber plantations in Sarawak with the latest high-yield rubber clones this year. Chairman Tan Sri Rahim Tamby Chik said the agency had allocated RM26.5…
Honda announces changes to its U.S. executive leadership
US – Honda recently announced several U.S. management changes “designed to strengthen its North American regional operations to further speed decision-making and increase efficiency and competitiveness within the region.” Tetsuo Iwamura – president of American Honda Motor Co. Inc., chief…
JD Power raises 2012 US auto sales forecast to 14 mil
DETROIT – The U.S. auto industry is poised to show the best year since 2007, J.D. Power and associates-LMC Automotive said on Thursday, and raised their 2012 U.S. auto sales forecast to 14 million vehicles, up from 13.8 million vehicles.…
Ford faces China hurdles
Ford Motor Co. is facing stiff industry-wide regulatory obstacles to future growth in China, even as the auto maker launches a US$490 million plant to boost its presence there. The plant opened Friday in the southwestern Chinese city of Chongqing—its…
Asian physical rubber prices- Feb 27
BANGKOK – Asian physical rubber prices were little changed on Monday; a drop in Tokyo rubber futures weighed on the market but supply from major producing countries remains limited, which provided support, dealers said. Prices of Physical Rubber Compared to…
Latexx slides on fourth quarter earnings slump
Latexx Partners Bhd, a rubber-glove maker, slid 3 per cent to RM1.63, headed for its lowest close since Oct 21. Its fourth-quarter earnings slumped to RM926,000 from RM5.6 million a year earlier, according to an exchange filing. Source:
Chinese firm buys rubber company
CGS group sells off its full share in Buzuluk to Dalian and focuses on off-road tyres and technical rubber
Yokohama defers sales target and sets up Chinese R&D
A 250 million yen-centre for testing raw materials and delaying the sales target are part of growth plans
Wide range for “green tyres”
With an annual growth rate of 10%, “green tyres” are the fastest growing in the market