The Borneo Post

Sabah & Sarawak

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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.

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