Malaysian Economy may contract by1.19% in 2009

Filed Under (World Economy) by Fred Chan on 05-03-2009

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The Malaysian economy will most probably see a full blown recession this year given the steep deterioration in recent economic activities both locally and globally.

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Malaysian Govt to push for wider use of palm wood

Filed Under (World Economy) by Fred Chan on 05-03-2009

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The Malaysian government wants to push for a wider use of palm wood in the production of local furniture to overcome a shortage in raw materials faced by domestic furniture manufacturers.

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EU’s new law may hurt palm oil exporters

Filed Under (World Economy) by Fred Chan on 05-03-2009

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Malaysia’s palm oil exports to European Union (EU) countries may be affected by the European Commission’s (EC) latest renewable energy directive on biofuel content, which encompasses regulations on carbon emissions.

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