Timber export goes up in Q3 2022
THE performance of Sarawak’s timber industry for the third quarter of 2022 showed an increase in export value of 4.5 per cent to RM3.05bil compared to RM2.92bil in the same period in 2021. Second Minister for Natural Resources and Urban Development, Datuk Amar Awang Tengah Ali Hasan said Japan remained the main importer of Sarawak […]
Sime Darby Plantation turns to black in Q3 2020
KUALA LUMPUR: Sime Darby Plantation Bhd has turned to black in the third quarter ended Sept 30, 2020 (Q3 2020) after recording a net profit of RM190 million against a net loss of RM243 million in Q3 2019. Revenue surged to RM3.18 billion from RM2.82 billion previously, thanks to the higher crude palm oil (CPO) […]
Demand for used cars stays brisk in Q3
KUALA LUMPUR: A surge in demand for used vehicles has accelerated into the third quarter (Q3) this year with dealers continuing to register a strong sales recovery, driven by the moratorium and government’s tax incentives. Federation of Motor and Credit Companies Association of Malaysia (FMCCAM) president Datuk Tony Khor said year-on-year (y-o-y) July sales spiked […]
Modest improvement expected in Q3 GDP with stimulus package
KUALA LUMPUR: The effects of Malaysia’s stimulus package should be seen in the third quarter of 2020’s (Q3 2020) gross domestic product (GDP) performance, said AmBank Research group chief economist and head of research Dr Anthony Dass. He said the modest improvement expected in Q3 2020 would come after the anticipated worst quarterly growth in […]
