With Malaysia, the largest producer of gloves in the world, set to open its borders on 1 April, the Malaysian Rubber Glove Manufacturers Association (MARGMA) has welcomed the government’s move to transition to the endemic stage of the two-year pandemic…
Tag: Malaysia
Malaysia activates rubber production incentive for January 2021
The Malaysian Rubber Board (MRB) announced the activation of the Rubber Production Incentive (IPG) for January 2021 in the peninsula, Sabah, and Sarawak. The activation was due to the average farm-level rubber price in January 2021 for cup lump or…
Malaysia, Thailand and Indonesia with holding exports of 350,000 tonnes of natural rubber
Malaysia, Thailand and Indonesia have committed to withhold exports of 350,000 tonnes of natural rubber (NR) under the implementation of the Agreed Export Tonnage Scheme (AETS) with immediate effect until March 31, 2018. The International Rubber Consortium Ltd (IRCo), in…
Malaysia, Thailand and Indonesia implements fifth Agreed Export Tonnage Scheme (AETS) which would restrict natural rubber exports
Malaysia, Thailand and Indonesia have agreed to implement the fifth Agreed Export Tonnage Scheme (AETS) beginning tomorrow (Friday). In a statement, the International Tripartite Rubber Council (ITRC) said under the scheme, the three ITRC member countries would restrict exports of…
Felcra develops 6,500 hectares of idle land in Kelantan, Malaysia
Felcra Berhad has so far developed 6,500 hectares of idle land in Kelantan with the involvement of 2,000 settlers said Malaysia’s Deputy Rural and Regional Development Minister Datuk Ahmad Jazlan Yaakub. He said this was relatively small as compared with…
Three large scale projects to generate RM520 Million in revenue for Kedah, Malaysia
The Malaysian state of Kedah is expected to generate a revenue of about RM520 million via three large scale development projects currently in the pipeline, the State Legislative Assembly sitting was told today. State Industry and Investment, Domestic Trade, Cooperatives…
Vietnam joins Thailand, Malaysia, Indonesia in ITRC
Vietnam is set to join Malaysia, Thailand and Indonesia in the International Tripartite Rubber Council (ITRC), a group that represents the world’s top natural rubber producers, in an effort to maintain and ensure the stability of the natural rubber market…
Malaysia, Thailand, Indonesia consider cutting rubber exports
Malaysia, Thailand and Indonesia are looking to reduce rubber exports soon in order to stabilise the 40% plummet in rubber prices, according to Malaysia’s Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong. Since January until now, he noted…
Thailand, Malaysia, Indonesia to reduce rubber exports
The governments of Thailand, Indonesia and Malaysia agreed to implement the Agreed Export Tonnage Scheme (AETS) beginning March 1, 2016. Under the AETS, the three countries will cut exports by 615,000 tonnes of NR for the period of six months…