WTK Holdings Bhd makes a major turnaround
KUCHING: WTK Holdings Bhd has made a major turnaround in its financial performance, chalking up group net profit of about RM24.5 million in second quarter to June 30, 2022 (Q22022) from loss of RM1.2 million in Q22021 on expanded revenue. Group turnover rose to RM132.7 million from RM107.9 million previously or an increase of RM24.8 […]
Sarawak Plantation Bhd posts RM30 million net profit in Q2
KUCHING: Sarawak Plantation Bhd (SPB) has reported a marginal increase in its group net profit to RM30 million in second quarter ended June 30, 2022 (Q22022) from about RM29.4 million in Q22021 on higher group revenue. Group revenue surged to RM207.1 million from RM192.6 million or up by RM14.5 million during the same period. The […]
Temporary freeze on workers: Plantation sector most effected
KUALA LUMPUR: The plantation sector will be the worst affected by Indonesia’s temporary freeze on workers to Malaysia as it is more reliant on Indonesian workers for harvesting activities in the estates, which is critical for the upcoming peak production months, says CGS-CIMB Securities Sdn Bhd. “The delay (in the intake of foreign workers) could […]
Villagers in Sibu demand dividends from Felcra plantation
SIBU: Villagers in the Sekuau resettlement scheme have demanded to be paid dividends from a federal land agency’s palm oil operations, and called for work on the plantation to be stopped. Village chairman Henry Kanyan Vincent Rawing said the federal government-owned Felcra Bhd had failed to pay dividends to 404 participants from 24 longhouses in […]
Bangladesh ready to meet Sarawak’s manpower needs
KUCHING: Bangladesh is looking forward to meeting Sarawak’s needs for workers in various sectors, especially the plantation sector. However, this would have to be done on a government-to-government basis, said Deputy High Commissioner of the High Commission for the People’s Republic of Bangladesh to Malaysia, Mohammad Khorshed A Khastagir. He said this during a courtesy […]
Soppoa looking forward to foreign manpower application green light
KUCHING: The palm oil industry continues to be a strong revenue earner for the state and country and could be even more productive if the worker shortage is addressed quickly. The Sarawak Oil Palm Plantation Owners Association (Soppoa) opined that the announcement of 32,000 foreign workers being approved entry into Malaysia from mid-October was timely. […]
Vaccinations for plantation sector — DCCI supports state govt’s plan
KUCHING: The Dayak Chamber of Commerce and Industry (DCCI) fully supports the state government’s plan to rollout vaccinations for the plantation sector soon. “This is one of the key sectors which generates revenue and income for the state as well as creates job opportunities, especially for the rural areas,” its treasurer-general Bell Bernard Aggan said […]
Cry for solution to plantation manpower shortage
KUCHING: The Sarawak and federal governments are urged to come up with urgent solutions to resolve the acute shortage of harvesters and loaders faced by oil palm estates in the state. Sarawak Oil Palm Plantation Owners Association (Soppoa) said any delay would only further jeopardise the survival of the industry. This would affect the livelihood […]
Oil palm plantation owners appeal for workers
KUCHING: The palm oil industry in Sarawak is critically short of workers. This will cause a heavy impact on the financial performances of plantation companies as well as expected revenue in the form of cess, duties, and taxes in the coming months. According to the Sarawak Oil Palm Plantation Owners Association (Soppoa), the shortage was […]
Soppoa calls for representation
MALAYSIAN PALM OIL BOARDS KUCHING: There seems to be no substantial presence of representatives from planting associations of East Malaysia in the vital federal palm oil boards, a local body pointed out. Keeping the Sarawak Oil Palm Plantations Owners Association (Soppoa) out of the federal Malaysian Palm Oil Board (MPOB) and Malaysian Palm Oil Council […]
