Malaysian company Syarikat Lam Aik’s Ahmad Liaw Abdullah was fined RM75,000 by the Sabah Rubber Industry Board (SRIB) for their attempt to smuggle out 20.18 tonnes of raw rubber to Sarawak in October last year. The company had falsified documents…
Category: Pan-Asia
South and East Asia rubber news
Trang rubber planters set to received entire compensation this month
Almost 97 percent of registered rubber farmers in Trang have already received their compensation payments, while the province is set to complete the whole payment to the rest of the farmers within January 2015. The governor of Trang Somsak Parisuttho…
BGI launches a third attempt at growing rubber plants
Bornion Guyana Inc (BGI), the local subsidiary of the Malaysian firm interested in producing bio-fuels here, commenced a third attempt at growing rubber plants at its shade house along the Linden/Soesdyke Highway just over three months ago after experiencing two…
Thai Prime Minister to establish central rubber market
The Prime Minister of Thailand has ordered the establishment of a central rubber market within January 2015 while addressing other agendas in the cabinet’s meeting, said a spokesman. According to the Deputy Spokesman of the Prime Minister’s Office Maj. Gen.…
Dubai Sustainable City contract awarded to RWI
Rubber World Industries (RWI) will supply more than AED2.4mn-worth of building materials to Dubai’s new Sustainable City. The closed-cell rubber insulation manufacturer was awarded the contract by Diamond Developers for the AED1.1bn project in Dubailand. The development will be composed…
Vietnam rubber giant inaugurates rubber facility in Cambodia
Vietnam Rubber Group has inaugurated its first latex processing plant in Cambodia, according to Vietnamese media reports. The plant, which cost $5.2 million after two years of construction, was reportedly inaugurated in Ratanikkiri’s O’Yadav district on December 23 in a…
Some Kerala rubber farmers miss out expected boom in tyre demand
Several rubber farmers have put away their tapping knives and switched to planting other crops, as ample global supplies and sinking benchmark prices of the tyre-making raw material squeeze their profit margins. But this means local rubber farmers are likely…
Thai DOAE improves rubber farmers compensation payment procedure
The Department of Agricultural Extension (DOAE) has adjusted its procedure on the payment of compensation to rubber farmers, allowing the latter to receive the payment faster. At least 300,000 of them are expected be paid by the end of this…
Malaysian state to carry out IPG programme to assist rubber smallholders
Plantation Industries and Commodities Minister Datuk Amar Douglas Uggah Embas said a Rubber Production Incentive (IPG) programme will be carried out in January next year to assist rubber smallholders in the State. “The Government had approved allocation to carry out…
Tyre makers in India to acquire NR 25% rate higher than Bangkok price
Major trye makers have agreed to procure natural rubber from domestic market at 25% rate higher than the International (Bangkok) price. In a meeting with Kerala chief minister Oommen Chandy, top brass of 12 leading tyre companies had approved the…