Tue, 23 Apr 2019, 8:12 AM
ADVERTISE with The Malaysian Pulse!

Topic: Norway

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KUALA LUMPUR: Firmer China economic data and a possible US-China trade deal should help shore up the ringgit over the longer term though the local unit could face some headwinds over the shorter term.
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REVIEW: A lack of confidence in the domestic market and a potential downgrade in sovereign bonds emerged as the catalyst to push the FBM KLCI towards 2016 lows.
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SAN FRANCISCO, April 19 — Google has announced that it is now possible to listen to music from its YouTube Music streaming service on the entirety of its Home range of smart speakers (and, theoretic...
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Volvo Cars will soon introduce a ground-breaking, industry-first, connected safety system that allows their cars to “communicate with each other” and warn drivers of potential hazards on the road.
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KUALA LUMPUR, April 19 ― The ringgit snapped its three-day losing streak against the US dollar to close higher today, thanks to improving market sentiment as worries over capital outflow ease amid r...
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KUALA LUMPUR: The ringgit was higher against the US dollar in early trading today on improving market sentiment towards the local note due to the higher global oil price.
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KUALA LUMPUR: AmBank (M) Bhd is confident the government will not let the potential downgrade by FTSE Russell and Norway’s sovereign wealth fund pullout from Malaysia’s government bonds affect the country’s economic growth.
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KUALA LUMPUR, April 18 ― AmBank (M) Bhd is confident the government will not let the potential downgrade by FTSE Russell and Norway's sovereign wealth fund pullout from Malaysia's government bonds a...
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KUALA LUMPUR (April 18): AmBank (M) Bhd is confident the government will not let the potential downgrade by FTSE Russell and Norway's sovereign wealth fund pullout from Malaysia's government bonds aff...
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KUALA LUMPUR, April 18 — News that Malaysia might be disqualified from the World Government Bond Index (WGBI) weighed heavily on the ringgit in the global currency market yesterday.
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KUALA LUMPUR: The news on the potential downgrade of Malaysian bonds by FTSE Russell in its World Government Bond Index (WGBI) sparked heavy selling in the local bond market.
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PETALING JAYA: Selling pressure on the ringgit would intensify should Malaysian government bonds be removed from an important global bond index, with a potential capital exodus of almost RM20bil to RM30bil out of the domestic capital market.
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KUALA LUMPUR • It was a one-two punch that has turned the Malaysian ringgit into Asia's worst performer this month.
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DUBAI: It was a one-two punch that has turned the ringgit into Asia’s worst performer this month.
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KUALA LUMPUR (April 17): It was a one-two punch that’s turned the Malaysian ringgit into Asia’s worst performer this month.
The Straits Times:
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DUBAI (BLOOMBERG) - It was a one-two punch that's turned the Malaysian ringgit into Asia's worst performer this month.
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PETALING JAYA: Malaysia is on the verge of being removed from the World Government Bond Index (WGBI), with local government bonds facing a potential rating downgrade, raising the risk of capital flight and increasing headwinds on the ringgit.
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PETALING JAYA: Malaysia can adopt elements from Norway's political funding model to discourage party-hopping, says Transparency International’s new president, Dr Muhammad Mohan.
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Volvo vehicles across Europe will soon have the ability to communicate and warn each other of slippery road conditions or road hazards that may lie up ahead.
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SASSNITZ, April 16 — German Chancellor Angela Merkel will be joined by French and Norwegian ministers today to officially open a massive wind farm in the Baltic Sea, a key project for her country’...
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GOTHENBURG: Volvo Cars is making its groundbreaking, industry-first connected safety technology available across Europe as another step in its ambitions to improve traffic safety.
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KUALA LUMPUR: Pikom, the National (ICT) Association of Malaysia, is supportive of the government’s stance to impose a 6% digital tax on foreign service providers as of Jan 1, 2020.
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TWO women from Shenzhen, China, claimed they were groped by their scuba diving instructor during their visit to Semporna, Sabah, last month.
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Ahead of the 5G Malaysia showcase at Putrajaya next week, Digi has provided a glimpse of what 5G could deliver.
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Ahead of the upcoming 5G Malaysia Showcase in Putrajaya next week, Digi has provided a glimpse on the capability of its 5G network of the event.
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KUALA LUMPUR: AmBank Research sees Norway's sovereign wealth fund pullout from Malaysia's government bonds under its streamlining exercise to be gradual and the outflow will not cause a major impact.
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KUALA LUMPUR (April 11): The pullout of the Norway sovereign wealth fund’s holdings of Malaysian Government Securities (MGS) of approximately RM8.0 billion will not cause a major impact to the local...
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A study by global digital payments service provider, Visa Inc, has placed Malaysia at 19th among 73 countries in government e-payments adoption.
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PETALING JAYA: The upcoming digital service tax could present an advantage to local media players, said AmInvestment Bank Research.
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KUALA LUMPUR (April 9): The digital service tax on foreign service providers may benefit media companies with TV and over-the-top (OTT) segments such as Astro, Media Prima and Star Media, says AmBank ...
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The digital service tax which was announced during the 2019 budget (#Belanjawan2019) will take into effect beginning 1st January 2020 at a rate of 6%.
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KUALA LUMPUR, April 9 — The ringgit opened flat today on lack of fresh leads amid concerns over Norway’s sovereign wealth fund plans to trim their position in emerging markets including Malaysia.
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KUALA LUMPUR: The ringgit opened flat today on lack of fresh leads amid concerns over Norway's sovereign wealth fund plans to trim their position in emerging markets including Malaysia.
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KUALA LUMPUR: The government has fixed 6% as the rate for the digital service tax it wants to implement from Jan 1, 2020, with the threshold set at RM500,000. The Service Tax (Amendment) Bill 2019, al...
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KUALA LUMPUR: Putrajaya today defended the digital tax on foreign service providers that will come into force next year, saying it is to create a level playing field.
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KUALA LUMPUR (April 8): Ringgit falls to a one-month low after the dollar gained and Norway said its sovereign wealth fund will drop emerging-market debt including Malaysian securities from its index.
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KUALA LUMPUR: MCA president Datuk Seri Wee Ka Siong expressed sadness over the recently announced ‘low’ hibah (dividend) payout by Tabung Haji (TH). “I was sad, even as a non-Muslim because so ...
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KUALA LUMPUR: Former prime minister Najib Razak has hit out at Pakatan Harapan over its broken manifesto pledges, labelling “Malaysia Baru” as just a hollow slogan.
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OSLO, April 5: Norway's sovereign wealth fund, the world's largest, will streamline its US$300 billion fixed-income portfolio by cutting emerging market bonds from the benchmark index it tracks, the Finance Ministry said on Friday.
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OSLO, April 5 — Norway’s sovereign wealth fund, the world’s largest, will streamline its US$300 billion (RM1.2 trillion) fixed-income portfolio by cutting emerging market bonds from the benchmar...
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LONDON: Automobili Pininfarina’s 1,900hp Battista hypercar has arrived in London with its order books open for a limited run of 150 examples – and it’s pure electric.
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KUALA LUMPUR: Permatang Pauh member of parliament Nurul Izzah Anwar suggested that the hygiene and health management in prisons nationwide to be standardised to ensure the welfare of inmates.
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KUALA LUMPUR, April 3 — Permatang Pauh member of parliament Nurul Izzah Anwar suggested that the hygiene and health management in prisons nationwide to be standardised to ensure the welfare of inmat...
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OSLO, April 1 — Almost 60 per cent of all new cars sold in Norway in March were fully electric, the Norwegian Road Federation (NRF) said today, a global record set by a country seeking to end fossil...
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STOCKHOLM, March 28 — Sweden's Economic Crime Authority (EBM) widened its Swedbank investigation to include suspected fraud following a raid yesterday on the Swedish bank's headquarters in an inquir...
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STOCKHOLM, March 26 — An internal Swedbank report identified major breaches of anti-money laundering obligations involving its business in Estonia, Swedish public broadcaster SVT said yesterday afte...
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KUALA LUMPUR: There was a drop in the number of unemployed youths – from 309,700 (11.5%) in 2017’s fourth quarter to 293,700 (10.5%) in last year’s fourth quarter – the Dewan Rakyat was told t...
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Taxi driver Trond Soemme driving his electric taxi in Oslo last September.
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EARLY this year, Norway made global headlines by being the first country to ban palm oil-based biofuels linked to deforestation claims.
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KUALA LUMPUR (March 21): If you happen to find yourself in Baaly, Norway, do not forget to check out “Europe’s first underwater restaurant”.
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OSLO, March 21 — Norway’s central bank raised its key interest rate today and said it would continue to tighten its monetary policy due to the strength of the Scandinavian country’s economy, in ...
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KUALA LUMPUR: “If it can be abused, it will be abused,” was the ominous warning delivered by Klaus Pahler, former country director at Konrad-Adenauer-Stiftung, a German political party foundation,...
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PETALING JAYA: Malaysia is ranked the 80th happiest nation in the 2019 World Happiness Report, a massive drop of 45 places compared with 2018 when it was ranked 35th.
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PETALING JAYA: A US-based environmental group has flagged a Malaysian palm oil group, accusing it of links to a palm oil concessionaire involved in logging near a Unesco World Heritage site in Sarawak...
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KUALA LUMPUR (March 20): Not to be left behind in the race to adopt 5G technology, DiGi.Com Bhd is engaged in 5G pilots and tests with Malaysian regulators.
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PARIS, March 19 — A strong majority of people in wealthy countries want to tax the rich more and there is broad support for building up the welfare state in most countries, a survey conducted for th...
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PUTRAJAYA (March 19): Malaysia should be more aggressive in addressing the proposed restriction towards palm oil use in the EU, said Prime Minister Tun Dr Mahathir Mohamad today.
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LETTER | Early this year, Norway made global headlines by being the first country to ban palm oil-based biofuels linked to deforestation claims.
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PETALING JAYA: Hibiscus Petroleum Bhd and Reach Energy Bhd will likely lose Norway’s sovereign wealth fund as a shareholder as the latter is considering an exit from its global investment in oil and gas (O&G) exploration and production (E&P) companies.
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KUALA LUMPUR (March 11): Khazanah Nasional Bhd’s current business plan under the new government is already solid and intact for the sovereign wealth fund’s long-term performance, says Phillip Capi...
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Johor crown prince Tunku Ismail Sultan Ibrahim claimed that Putrajaya failed to consult the conference of rulers when it decided to accede to the Rome Statute.
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Wisma Putra has assured that the position of the monarchy will not be threatened after Malaysia acceded to the Rome Statute, a treaty governing the International Criminal Court (ICC). This came after ...
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Khazanah Nasional Bhd’s current business plan under the new government is solid and intact for the sovereign wealth fund's long-term performance, says Phillip Capital Management Malaysia senior vice...
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OSLO: Norway is about to decide whether to let its US$1 trillion sovereign wealth fund dump all its oil and gas stocks. After more than a year of closely held deliberations, the Finance Ministry is set to reveal whether its massive fund will be allowed to divest close to US$40bil in oil and gas stocks.
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OSLO (Reuters): Norway’s trillion-dollar sovereign wealth fund, the world’s biggest, will sell its stakes in oil and gas explorers and producers but still invest in energy firms that have refineries and other downstream activities, according to a government plan.
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OSLO, March 8 ― Norway’s trillion-dollar sovereign wealth fund, the world’s largest, will drop oil and gas companies from its benchmark index and investment universe, the finance ministry said t...
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PORT KLANG, March 7 — Malaysia is set to become the storage and distribution hub of liquefied petroleum gas (LPG) and liquefied natural gas (LNG) in the region within the next three years, Deputy Tr...
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KUALA LUMPUR (March 7): Malaysia rose five notches among 126 countries in the 2019 Rule of Law Index worldwide, a survey by World Justice Project (WJP) revealed today.
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KUALA LUMPUR, March 5 — Malaysia has taken the 51st spot among 126 countries in the World Justice Project’s (WJP) Rule of Law Index 2019.
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KUALA LUMPUR: Norway’s US$1 trillion (RM4 trillion) sovereign wealth fund, the world’s largest, has pulled out of more than 33 palm oil companies over deforestation risks over the last seven years...
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KUALA LUMPUR (Feb 28): Norway's US$1 trillion sovereign wealth fund, the world's largest, has pulled out of more than 33 palm oil companies over deforestation risks during the last seven years, a gree...
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KUALA LUMPUR, Feb 28 — Norway’s US$1 trillion sovereign wealth fund, the world’s largest, has pulled out of more than 33 palm oil companies over deforestation risks during the last seven years, ...
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KUALA LUMPUR: Norway's $1 trillion sovereign wealth fund, the world's largest, has pulled out of more than 33 palm oil companies over deforestation risks during the last seven years, a green group said on Thursday.
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OSLO, Feb 27 — Norway's sovereign wealth fund, the world's biggest, suffered a loss of 485 billion kroner (RM231.2 billion) last year, the country's central bank said tomorrow.
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OSLO: Norway’s $1 trillion sovereign wealth fund bought a net $22 billion in equities at the end of 2018 and continued to make “significant” purchases at the start of this year to take advantage of a market rout as it builds its global holdings.
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KUALA LUMPUR (Feb 27): FGV Holdings Bhd (FGV) rose as much as 6.89% in active trade today after International Trade and Industry Minister Datuk Darell Leiking met his Norwegian counterpart in talks th...
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KUALA LUMPUR: Bilateral trade between Malaysia and Norway has remained healthy over the past decade in growing by 72%.
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KUALA LUMPUR, Feb 26 — Bilateral trade between Malaysia and Norway has remained healthy over the past decade by growing by 72 per cent.
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KUALA LUMPUR (Feb 22): Prime Minister Tun Dr Mahathir Mohamed welcomes the visit of Norway’s Trade and Industry Minister Thorbjørn Røe Isaksen to Malaysia next week to explore new areas of coopera...
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GEORGE TOWN: A small-time electronics manufacturing services company in Kulim is celebrating a huge achievement after a device using its parts bagged an award at an annual trade show organised in the ...
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PARIS, Feb 11 — European exchange operator Euronext today raised its offer for the Oslo stock exchange to US$783 million (RM3.2 billion), besting an offer from US rival Nasdaq.
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SEMARANG (Indonesia): A three-day/two-night road trip in Central Java, Indonesia with a bunch of premium Mercedes-Benz SUVs (sport utility vehicles) and activities like abseiling off a 60-metre cliff ...
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CARACAS, Feb 10 — Venezuela’s state-run oil company PDVSA is telling customers of its oil joint ventures to deposit sales proceeds at an account it recently opened at Russia’s Gazprombank AO, ac...
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For a region that’s long been associated with hatchbacks and wagons, European consumers are fast falling in love with SUVs. According to data compiled by Jato Dynamics, a total of 15.6 million vehic...
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KUALA LUMPUR (Jan 31): Malaysia’s Palm Oil Industry Forum “strongly encourages” the government to avoid any trade dealings with France and Norway until issues around their decision to ban palm b...
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COMMENT | Most prisoners are uneducated, riddled with unresolved trauma and ill-treated mental health problems, drug addictions and self-esteem issues far too often bordering on the pathological.
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Israeli Prime Minister Benjamin Netanyahu said on Monday he would eject a foreign force set up to help safeguard Palestinians in a flashpoint city in the occupied West Bank, accusing the observers of ...
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KUALA LUMPUR, Jan 17 ― A video clip featuring Prime Minister Tun Dr Mahathir Mohamad has been released today in support of the year-long “Love MY Palm Oil Campaign”, a government initiative to c...
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IT was certainly a historic defeat for the British government.
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KUALA LUMPUR (Jan 16):Petroliam Nasional Bhd (Petronas) is seeking to buy into one of India’s largest rooftop solar power producers, Indian business newspaper Mint reported.
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Norway is investigating allegations over whether streaming numbers were inflated at Tidal, a subscription-based music and video streaming service owned by rapper Jay-Z.
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PARIS, Jan 13 — Europe is giving US-led calls for a boycott of Huawei 5G telecoms equipment a mixed reception, with some governments untroubled by spy suspicions against the Chinese giant, but other...
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KUALA LUMPUR (Jan 8): Malaysia on Tuesday said relations with Europe will be affected, following a move by European countries to restrict the use of palm oil in biofuels in coming years.
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KUALA LUMPUR: The government today said relations with Europe will be affected following a move by European countries to restrict the use of palm oil in biofuels in coming years.
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KUALA LUMPUR (Jan 8): Malaysia’s Prime Minister Tun Dr Mahathir Mohamad will write to his counterparts in France and Norway to address proposed restrictions on palm oil usage in biofuel and palm oil...
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KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Dec 31.