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New cooking oil prices effective Nov 8-Dec 7

KUCHING: The retail prices of cooking oil are once again lowered effective from Nov 8 until Dec 7. Caretaker Minister of Domestic Trade and Consumer Affairs Datuk Seri Alexander Nanta Linggi said that the price control is according to the moving ceiling price which is based on the estimation of world palm oil price. “The […]

Check your emergency fund before investing in gold

BY NOOR SYAHHIRA HADY & SARAH HAFIZAH CHANDRA KUCHING: As a form of defensive asset, most people are choosing to buy gold due to its lower prices per gramme currently instead of investing with the banks. Dr Rayenda Khresna Brahmana, an economist, said gold was an asset that reacted inversely with the optimism in the […]

Clamour for gold heats up

Sales jump after gold prices drop BY NOOR SYAHHIRA HADY & SARAH HAFIZAH CHANDRA KUCHING: Since the recent drop in gold prices, goldsmith shops, located in the heart of Kuching City, have been flooded with customers.  The price of 916 or 22 carat gold is now RM265 per gramme while the price of 999 or […]

Labour shortage in oil palm industry more harmful than price drop

KUALA LUMPUR: Labour shortage is more detrimental to both estates and smallholders in Malaysia’s oil palm industry than a global price drop, according to a Khazanah Research Institute (KRI) study. The institute said a 30 per cent reduction of labour from the current level would see production fall by half, and a further of 80 […]