Sabah & Sarawak
Palm oil stocks rises 12.58 pct to 1.94 mln tonnes in August
Malaysia’s total palm oil stocks in August 2017 rose 8.79 per cent to 1.94 million tonnes from 1.78 million tonnes recorded in July. Crude palm oil stocks also increased by 12.58 per cent to 1.06 million tonnes during the month in review from 938,502 tonnes registered in the preceding month.
New truck Croner specifically made for markets like East Malaysia
UD Trucks, together with its sole distributor, Tan Chong Industrial Equipment Sdn Bhd (TCIE) has launched Croner, an all-new medium-duty truck, for the East Malaysian market. UD Trucks, which belongs to Swedish truck giant Volvo Group since 2007, was first established in Japan in 1935 as Nissan Diesel and had made its way into Malaysia almost four decades ago through TCIE - the truck business arm of Tan Chong Motor Holdings Bhd.
Sabah proposes DFTZ at KKIP
Sabah hopes the Federal government through the Ministry of International Trade and Industry (MITI), will consider utilising the Kota Kinabalu Industrial Park (KKIP) as a Digital Free Trade Zone (DFTZ) in the state. Deputy Chief Minister, Datuk Raymond Tan Shu Kiah, who is also the Industrial Development Minister, said such an economic hub could encourage more companies in Sabah, especially small and medium enterprises (SMEs), to engage in e-commerce.