Rubber farmers, especially rubber associations in Bayugan City and in Trento, Agusan del Sur will be planting more rubber trees to an area of approximately 1,000 has.
Category: Pan-Asia
South and East Asia rubber news
Review of tyre taxes to lower costs urged
When tyre prices are lower, consumers are more likely to buy replacements for the worn tyres, says a Malaysian dealers association.
Malaysian Gov’t to offer perks for automation
The Malaysian Government may offer incentives to Malaysian companies that automate their production , according to Deputy Finance Minister Datuk Donald Lim Siang Chai, adding that they are encouraging automation as it is part of innovation.
Tight rubber supply in India as farmers hold back supplies
In a bid to boost prices of natural rubber, farmers are holding back their supplies , which has adversely caused rubber futures to dip and tyre makers scout overseas for their rubber requirements to avoid surging local prices.
Competition watchdog to penalise tyre makers in cartel
The Competition Commission of India (CCI) will be imposing stiff penalty to tyre manufacturers involved in cartel and will be charging thrice the profit of the ‘erring’ company.
RM398 million budget for Risda’s rubber programme
KUALA LUMPUR – The Rubber Industry Smallholders Development Authority (Risda) has received a budget of RM397.7 million the highest so far from the Government for rubber replanting and new planting programmes nationwide, said chairman Tan Sri Abdul Rahim Tamby Chik.…
Thailand approves additional budget for buying rubber
BANGKOK, Thailand – The country continued to intervene in the rubber market although prices have rebounded due largely to the prospect of rising demand after the Federal Reserve launched a new stimulus programme for the US economy, dealers said. The…
Philippines to augment rubber plantation by 2016
The Philippine government is widening its rubber plantation by acquiring 10,000 hectares of land each year to achieve the target of 200,000 hectares of rubber plantation by 2016.
Thailand: Increased budget to buy more rubber
Thailand approves additional budget to buy more rubber from local farmers to aid in boosting the price of natural rubber in the market.
RISDA received budget of RM398mil
The Rubber Industry Smallholders Development Authority (RISDA) has received RM397 worth of budget to replant rubber trees and boost the country’s production of natural rubber.