Thailand’s military government is to shelve a plan to sell 200,000 tonnes of rubber from stocks and will focus on measures to increase domestic consumption to shore up prices, government officials said on Wednesday. Postponing the sale could take some…
Category: Pan-Asia
South and East Asia rubber news
Malaysian gov’t assists smallholders affected by rubber price drop
The Government has approved an allocation of RM130mil to assist 260,000 smallholders affected by the fall in rubber price. Rural and Regional Development Minister Datuk Seri Mohd Shafie Apdal said that with the allocation, a one-off payment of RM500 would…
Primewell premium tube tyres increases position in Oman
The Primewell PS880 is increasingly becoming a favourite tyre for the customers in Oman. The PS880 is the latest range of premium tube type tyres from Primewell designed to deliver incredible handling for personal vehicles and endure excessive usage and…
Pakistan tyre industry urges gov’t to continue drive against tyre smuggling
Recent raids in different cities have created fear among smugglers due to which the illegal activity has seen a dip in the market. However, the government should continue this drive or the tyre smugglers will regain their foothold, said the…
Cambodia IFC to settle dispute between families, Vietnamese rubber firm
The ombudsman of the International Finance Corporation (IFC) has finished reviewing a complaint Cambodian families have filed against the organization over its financing of several controversial rubber plantations and will now mediate efforts to help the two sides settle their…
Thai rubber planters plans protest against government
Rubber planters have vowed to converge on Bangkok on Wednesday to protest against the government’s plan to sell off its stockpile of 220,000 tonnes on the cheap. The leader of a rubber group has raised doubts about the transparency of…
Decline on buying price of rubber alarms North Cotabato planters
Agriculture officials in the province of North Cotabato have called for a meeting to address the continuous drop of buying price of rubber cup lump. Engineer Eliseo Magliwan, North Cotabato provincial agriculturist, said his office is gathering farmers engaged in…
Malaysian rubber smallholders preserves planting land
The government is confident rubber smallholders will not be easily influenced into selling their planting land even though the price of the commodity is weak. Deputy Plantation Industries and Commodities Minister Datuk Noriah Kasnon said this was because the 440,000…
Indian Rubber Board standardizes rubber planting materials
In what appears to be a landmark move, the Rubber Board is planning to standardise the quality of planting materials across the country. If everything goes as planned, the project will take off in June this year, coinciding with the…
Summer storm wrecks Thailand rubber plantations
In Bueng Kan Province, a summer storm has destroyed about 5,000 rubber trees and caused major distress to about 21 local families living within the area. Rubber plantations in Bueng Kan Province have been hammered by a summer storm that…