28hb oktober 2016 - lgm.gov.my 16/oct28.pdf · percukaian malaysia (mata), abd. aziz abu bakar...

Edaran Terhad

28hb Oktober 2016

Disusun oleh Perpustakaan UPP

Bertta Hariaa

2 8 OCT 2016

rC T A L J 17 SENV J L 1 f i l l 3 27 Oktober 2016

asaran getah Malaysia di- lsquo tutup tinggi semalam su-

sulan kenaikan harga semala- man di pasaran hadapan getah Shanghai Futures Exchange kata peniaga

Peniaga itu berkata corak aliran meningkat harga getah itu juga disokong oleh ringgit yang lemah berbanding dolar Amerika Syarikat (AS)

Pada tengah hari harga fizi- kal rasmi Lembaga Getah bagi gred tayar SMR 20 menokok 17 sen kepada RM614 sekilogram manakala susu getah pukal meningkat 15 sen kepada RM505 sekilogram

Harga penutupan tidak rasshymi bagi gred tayar SMR 20 naik 85 sen kepada RM612 sekiloshygram manakala susu getah pukal menokok 25 sen kepada RM506 sekilogram

BERNAMA

The S tarRUBBER laquo 0 npjKUALA LUMPUR ^ 0 UU The Malaysian rubber market finished higher yesshyterday boosted by an overnight gains in rubber futures on Shanghai Futures Exchange a dealer said

The dealer said the uptrend in the rubber prices was also supported by the lower ringgit against the US dollar

At noon the Malaysian Rubber Boards official physical price for tyre-grade SMR 20 rose 17 sen to 614 sen a kg and latex-m-bulk was 15 sen better at 505 sen a kg

The unofficial closing price for tyre-grade SMR 20 added 85 sen to 612 sen a kg while latex-in-bulk was up 25 sen to 506 sen a poundg - BernamaSMR PRICES FROM MRB IN SEN A KILO OCT 27

Offer Price Noon sell Closing sellSenKg US CentsKg SenKg US CentsKg

SMR CV 75650 18460 76000 18545SMR L 71450 17435 71900 17545SMR 5 62600 15275 62400 15225SMR GP 62300 15205 -

SMR 10 61600 15030 61400 14985SMR 20 61400 14985 61200 14935

CENTRIFUGED LATEX - LOCAL PRICE (ISO 2004) INMALAYSIAN SENKG(WET)O ffer Price Noon sell Closing sellLatex in bulk 50500 50600Note Effective from Jan 2 2014 MRB will publish only thesellers offer priceFARMGATE LATEX PRICE

Latex CuplumpLow High Low High

(senkg) (senkg)Peninsular 52000 63000 21800 26100Sabah 52000 52000 20000 24000Sarawak - 15000 25500

u s$Low High

Sabah 21000 25000Sarawak 23600 44600Source Malaysian Rubber Board

AT A GLANCECOMMODITIES (OCT 27)

Tin (per tonne)Gold (per gramme)CPO Futures (per tonne) Nov US$ CPO Futures (per tonne) Rubber (per kg) SMR 20 Latex OCT 26Nymex Oil Dec (per barrel)

US$20500 +US$200RM 16504 +RM019RM2790 -RM2US$6665061400 sen +17 sen50500 sen +15 sen

US$4918 -US$078

The Star 2 n n^r on is 0- U U J

Bank Negaras best available quotations by commercial banks of Kuala Lumpur at 5pm on Oct 27 2016 UNITS OF FOREIGN CURRENCY PER UNIT OF MALAYSIAN RINGGIT __________

Buying OD Selling ODUS dollar 02387 02390Sterling 01953 01956Singapore dollar 03324 03331Yen 100 249940 250311Euro 02187 02190Chinese Renminbi 16184 R in g g it M a la y s ia p e r f o r e ig n c u r r e n c y

16206

OPENING RATES BY MAYBANK ON OCT 27 2016

SELLING BUYING BUYINGT T O D TT O D

1 US Dollar42410 41030 409301 Australian Dollar32510 31320 311601 Brunei Dollar30550 29440 293601 Canadian Dollar31730 30630 305101 Euro46320 44710 445101 New Zealand Dollar30520 29160 290001 Papua N Guinea Kina 14360 12100 119401 Singapore Do lla r30545 29440 293601 Sterling Pound51820 50270 500701 Swiss Franc42660 41310 41160100 UAE Dirham1170700 1101400 1099400100 Bangladesh Taka54850 51510 49510100 Danish Krone639800 584000 582000100 Hongkong Dollar554400 521500 519500100 Indian Rupee64620 602Q0 58200100 Indonesian Rupiah 00339 00303 00253100 Japanese Yen40670 39110 39010100 Norwegian Krone527400 481300 479300100 Pakistan Rupee41300 38400 36400100 Philippine Peso89000 83100 81100100 Qatar Riyal1174300 1117000 1115000100 Saudi Riyal1141400 1083500 1081500100 South Africa Rand314400 288500 286500100 Sri Lanka Rupee29700 26900 24900100 Swedish Krona492100 444600 442600100 Thai Baht129300 108900 104900

U tn sa n

2 8 OCT 2016

Kedudukan Malaysia boleh diperbaikiOleh ZUNAIDAH ZAINONekonomiutusancommy

brvbar KUALA LUMPUR 27 OKT

KEDUDUKAN Malaysia dalam Laporan Menjalankan Perniagaan 2017 yang dike-

luarkan Bank Dunia boleh dipershybaiki pada tahun depan selepas semua peringkat masyarakat dan industri melalui proses penyesuaian dengan cukai barang dan perkhidmatan (GST)

Presiden Persatuan Akauntan Percukaian Malaysia (MATA) Abd Aziz Abu Bakar berkata ini kerana model GST yang dilaksanakan di Malaysia adalah berbeza dengan negara lain memandang- kan kerajaan mengambil kira golongan berpendapatan rendah

Berbanding Singapura misalnya beliau berkata Malaysia memper- kenalkan banyak barangan kadar sifar dan dikecualikan cukai su- paya rakyat tidak terbeban dengan pelaksanaan cukai tersebut

ldquoNegara lain hanya memperk- enalkan kadar standard yang sama dan ini menjadikan proses

penyesuaian cukai ini mengambil masa yang lama

ldquoKita memerlukan sekurang-kurangnya dua tahun untuk melalshyui tempoh penyesuaianSaya yakin pada hujung tahun depan kedudushykan ekonomi kembali stabil dan GST semakin diterima Ini seiring dengan proses penguat- kuasaan serta pendakwaan yang dijalankan Kementerian Perdagan- gan Dalam Negeri Koperasi dan Kepenggunaan Jabatan Kastam Diraja Malaysia (JKDM) dan Keshymenterian Kewanganrdquo katanya

Beliau berkata demikian kepada Utusan Malaysia selepas peras- mian Seminar Percukaian Kebang- saan 2016 yang disempumakan Timbalan Menteri Kewangan II Datuk Lee Chee Leong di hari ini Yang turut hadir Pengarah Negeri Wilayah Persekutuan Putrajaya LHDN Mohd Idris Mamat

Dalam laporan itu Malaysia berada di kedudukan ke-23 dari- pada 190 negara namun di pershy

ingkat Asia Timur dan Pasifik negara berada di kedudukan ke-7 di belakang New Zealand Singapura Hong Kong Taiwan Korea Selatan dan Australia menga- tasi beberapa negara kuasa ekonomi seran- tau seperti Jepun Chishyna serta Perancis dan Belanda

Pengurus Negara Kumpulan Bank Dunia di Malayshysia Faris Hadad-Zervos berkata kesan pelaksanaan GST terhadap penurunan kedudukan Malaysia ke tempat 23 berbanding tempat 22 sebelumnya disifatkan lsquosu- dah dijangkakanrsquo kerana pasaran masih perlu membiasakan diri dengan sistem cukai baharu itu

Sementara itu Ahli Majlis Insti- tut Percukaian Malaysia (CTIM) K Sandra Segaran berkata kadar GST atau cukai tambah nilai (VAT) yang dilaksanakan kerajaan jauh lebih rendah berbanding negara lain seperti Indonesia dan India yang mengenakan kadar cukai lebih tinggi

ABD AZIZ

N S T

2 8 OCT 2816

Allocation for science still low by global standardsA CLEAR PATH Parliamentary discourses on science can significantly influence the directions of RampD spending in the country

as in the case of oil palm and

rubber the RampD should be aligned to a longshyterm 20-year plan to make Malaysia an industry leader in biotechnology or nanotechnology That way we are clear on the end game which would surely deliver benefits to society and the nation

I HE world is increasingly turning to science for answers to global woes Take the sustainability agenda the United Nations is championing Many of the solutions to the sustainable development goals (SDG) lie in science

Science for better energy usage science for improved healthcare scishyence for more affordable housing science for clean technologies and many more

It is therefore no surprise that science is prominent in the policy discussions of nations especially the developed economies In the United States the president of the National Academy of Sciences presents the state of science to Congress every year Issues including the latest deshyvelopments in science new emergshying technologies and the impact of science on society are presented Congress would debate on the issues which impact their economy and soshycietal wellbeing

What transpires during such deshybates becomes guiding inputs to the nationrsquos investments in science More importantly policymakers are made more aware of the issues on science including the emerging opshyportunities science offers

That way they are better prepared to propose constructive actions on science For example one issue which the nation continues to grapshyple with is science education or STEM which stands for education in science technology engineering and mathematics

Here at home we are also saddled with the same STEM issue Unforshytunately there does not seem to be m uch discussion on th is in Parliament Whereas we know fully well the implications of such an isshysue if left unresolved on the future of science and innovation in the country

A recent analysis by the Academy of Sciences on the countryrsquos parliashymentary discussions confirms that we lack serious discourses on scishyence issues during sittings This is unhealthy especially since the govshyernment has for years emphasised the critical role of science in supshyporting the nationrsquos socio-economic development

The only exception to that obsershyvation was the time when issues on Lynas (the rare earth mining conshytroversy in Pahang) were hotly deshybated Even then the issues were

politically motivated Not surprisshyingly the contents of the discourse were sorely lacking in scientific subshystance The other was the bauxite mining issue

Admittedly investments in scishyence are not cheap For decades now the country has spent billions of ringgit funding research and develshyopment in science Even then reshysearchers are saying that the alloshycation for science is still low going by global standards Our spending has yet to exceed one per cent of the countryrsquos gross domestic product W h e r e a s i n t h e d e v e l o p e d economies it is between three and four per cent

Scientists are asking for allocashytions to be at least two per cent of GDP if scientificrsquoRampD are to have any significant impact The problem is policymakers in the government have yet to be convinced that the investments in RampD all these years have delivered adequate returns We are not short of critics who label the RampD that we do as self-fulfillingrdquo or j in the local lingo syok sendiri

Except for the RampD undertaken on palm oil and rubber which have deshylivered some noticeable impact to the related industries the others have yet to be truly felt by the society and nation

Some reasons have been offered for the poor performance in the rest of the RampD mdash no clear directions and poorly-defined end game Take the high impact research (HIR) which was anchored by Universiti Malaya

We were told that the main key performance indicators (KPIs) of the research were to increase the numshyber of publications in the top science journals of the world This was aimed mainly to prop up the poshysition of the university in the highly criticised ranking hierarchy Admitshytedly there is no harm imposing such publication KPIs but it would have been better if the topics chosen for the RampD are aligned to a bigger national agenda of supporting the socio-economic wellbeing of the country

For example as in the case of oil palm and rubber the RampD should be aligned to a long-term 20-year plan to make Malaysia an industry leader in biotechnology or nanotechnoloshygy-

That way we are clear on the endgame which would surely delivshyer benefits to society and the nation This is where parliamentary disshycourses are important to significantshyly influence the directions of RampD spending in the country

They should not be left to scienshytists alonelsquo--ahmadibrahimfSiakademisainsgovmy

The writer is a Fellow at Academy of Sciences Malaysia

of 1 copy 2016 Factiva Inc All rights reserved

Asian Rubber Prices End Higher

By Vibhuti Agarwal232 words27 October 20161912Dow Jones Institutional NewsDJDNEnglishCopyright copy 2016 Dow Jones amp Company Inc

Rubber prices across Asian markets rose on Thursday supported by gains in Shanghai rubber futures and aweaker yen

An overnight gain in Shanghai markets prompted investors to unwind some short positions said KanameGokon an analyst at brokerage Okato Shoji in Tokyo

Crude-oil prices rose on bargain-hunting lending some support to rubber prices Oil prices had declinedearlier as the market focused on the lack of progress made by the Organization of the Petroleum ExportingCountries in convincing members to join a production cut

The Tokyo Commodity Exchange rubber contract for April delivery ended 29 yen higher at Y1819 yen($174) a kilogram

The most-active rubber contract on the Shanghai futures exchange for January delivery rose 235 yuan tofinish at CNY14065 ($2077) a metric ton

Asian Rubber FuturesOct 27 Change from previous close

Tocom Apr RSS3 Y1819Kg Up Y29Shanghai Jan SCR5 CNY14065ton Up CNY235Sicom Jul RSS3 1760 US centsKg Up 16 US centsKgSicom Mar TSR20 1506 US centsKg Up 40 US centsKg

USS Oct THB5432-THB5462Kg THB5390-THB5397Kg

Write to Vibhuti Agarwal at vibhutiagarwalwsjcom

(END) Dow Jones Newswires

October 27 2016 0712 ET (1112 GMT)

Document DJDN000020161027ecar002q2

Page 1 of 2 copy 2016 Factiva Inc All rights reserved

The world economy without China

Stephen S Roach1088 words28 October 2016Financial ExpressAIWFIEEnglishCopyright 2016 Indian Express Online Media Pvt LtdIs the Chinese economy about to implode With its debt overhangs and property bubbles its zombiestate-owned enterprises and struggling banks China is increasingly portrayed as the next disaster in acrisis-prone world

I remain convinced that such fears are overblown and that China has the strategy wherewithal andcommitment to achieve a dramatic structural transformation into a services-based consumer society whilesuccessfully dodging daunting cyclical headwinds But I certainly recognise that this is now a minority opinion

For example US treasury secretary Jacob J Lew continues to express the rather puzzling view that theUnited States cant be the only engine in the world economy Actually its not the Chinese economy is ontrack to contribute well over four times as much to global growth as the US this year But maybe Lew isalready assuming the worst for China in his assessment of the world economy

So what if the China doubters are right What if Chinas economy does indeed come crashing down with itsgrowth rate plunging into low single digits or even negative territory as would be the case in most crisiseconomies China would suffer of course but so would an already-shaky global economy With all thehandwringing over the Chinese economy its worth considering this thought experiment in detail

For starters without China the world economy would already be in recession Chinas growth rate this yearappears set to hit 67-considerably higher than most forecasters have been expecting According to theInternational Monetary Fund-the official arbiter of global economic metrics-the Chinese economy accounts for173 of world GDP (measured on a purchasing-power-parity basis) A 67 increase in Chinese real GDPthus translates into about 12 percentage points of world growth Absent China that contribution would needto be subtracted from the IMFs downwardly revised 31 estimate for world GDP growth in 2016 dragging itdown to 19-well below the 25 threshold commonly associated with global recessions

Of course thats just the direct effect of a world without China Then there are cross-border linkages withother major economies

The so-called resource economies-namely Australia New Zealand Canada Russia and Brazil-would be hitespecially hard As a resource-intensive growth juggernaut China has transformed these economies whichcollectively account for nearly 9 of world GDP While all of them argue that they have diversified economicstructures that are not overly dependent on Chinese commodity demand currency markets say otherwisewhenever Chinas growth expectations are revised-upward or downward-their exchange rates move intandem The IMF currently projects that these five economies will contract by a combined 07 in 2016reflecting ongoing recessions in Russia and Brazil and modest growth in the other three Needless to say ina China implosion scenario this baseline estimate would be revised downward significantly

The same would be the case for Chinas Asian trading partners-most of which remain export-dependenteconomies with the Chinese market their largest source of external demand That is true not only of smallerAsian developing economies such as Indonesia the Philippines and Thailand but also of the larger andmore developed economies in the region such as Japan Korea and Taiwan Collectively these sixChina-dependent Asian economies make up another 11 of world GDP A China implosion could easilyknock at least one percentage point off their combined growth rate

The United States is also a case in point China is Americas third-largest and most rapidly growing exportmarket In a China-implosion scenario that export demand would all but dry up -knocking approximately02-03 percentage points off already sub-par US economic growth of around 16 in 2016


Finally there is Europe to consider Growth in Germany long the engine of an otherwise sclerotic Continentaleconomy remains heavily dependent on exports That is due increasingly to the importance of China-nowGermanys third-largest export market after the European Union and the United States In a China implosionscenario German economic growth could also be significantly lower dragging down the rest of aGermany-led Europe

Interestingly in its just-released October update of the World Economic Outlook the IMF devotes an entirechapter to what it calls a China spillover analysis-a model-based assessment of the global impacts of a Chinaslowdown Consistent with the arguments above the IMF focuses on linkages to commodity exporters Asianexporters and what they call systemic advanced economies (Germany Japan and the US) that would bemost exposed to a Chinese downturn By their reckoning the impact on Asia would be the largest followedclosely by the resource economies the sensitivity of the three developed economies is estimated to be abouthalf that of Chinas non-Japan Asian trading partners

The IMF research suggests that Chinas global spillovers would add about another 25 to the direct effects ofChinas growth shortfall That means that if Chinese economic growth vanished into thin air in accordancewith our thought experiment the sum of the direct effects (12 percentage points of global growth) andindirect spillovers (roughly another 03 percentage points) would essentially halve the current baselineestimate of 2016 global growth from 31 to 16 While that would be far short of the record 01 globalcontraction in 2009 it wouldnt be much different than two earlier deep world recessions in 1975 (1 growth)and 1982 (07)

I may be one of the only China optimists left While I am hardly upbeat about prospects for the globaleconomy I think the world faces far bigger problems than a major meltdown in China Yet I would be the firstto concede that a post-crisis world economy without Chinese growth would be in grave difficulty China bearsneed to be careful what they wish for

Roach a faculty member at Yale University and a former chairman of Morgan Stanley Asia is the author ofUnbalanced The Codependency of America and China

Copyright Project Syndicate 2016 wwwproject-syndicateorg

So what if the China doubters are right What if Chinarsquos economy does indeed come crashing down with itsgrowth rate plunging into low single digits or even negative territory as would be the case in most crisiseconomies (Reuters)

Document AIWFIE0020161028ecas0000w


ARMM Trade department looking to add processing plant to Basilan rubber industry

Albert F Arcilla358 words27 October 2016BusinessWorldBSWRLDS13English(c) 2016 Business World Publishing CorporationLAMITAN CITY BASILAN - The Department of Trade and Industry (DTI) in the Autonomous Region inMuslim Mindanao (ARMM) is pushing for the development of the rubber industry in Basilan throughprocessing activities

Lawyer Anwar A Malang DTI-ARMM regional secretary said the regional government has pledged P150million for a processing facility

Gov Mujiv S Hataman has committed to allocate some P150 million for rubber processing here If that willhappen there will be value-adding measures for our rubber Mr Malang said in a recent rubber industryinvestment forum held in Lamitan City

At the same time DTI-ARMM is gathering data and putting together a profile of the local rubber industry toserve as basis on development strategies

The current issue is the low price [of rubber] But maybe we can process it and trade them outside with theASEAN (Association of Southeast Asian Nations) trade agreement in place plus the ecozones (economiczones) where they can be channeled Mr Malang said

Raw materials are available as Basilan is already home to rubber plantations but investors are hesitant tocome in for the value-added potential he added likely because of the uncertain law-and-order situation

Basilan ranks is the number three producer of rubber in the country with total production area of 45308hectares according to the Philippine Council for Agriculture Aquatic and Natural Resources Research andDevelopment of the Department of Science and Technology citing data from the regional agriculture office

However the hinterlands of Basilan are among the known lairs of the Abu Sayyaf which finances itself viakidnap-for-ransom and against whom the government has recently launched an intensified campaign

Mr Malang said while security remains a major concern for external investors the region is are taking stepsto strengthen the rubber smallholders among other stakeholders

We are encouraging local investors We encourage small businesses to merge and converge to becomebigger he said

DTI-ARMM is also expected to set up two Negosyo Centers within the island to help existing and prospectivebusinesses

Document BSWRLD0020161027ecar0001l


KERALARubber production up in September

Special Correspondent191 words27 October 2016The HinduTHINDUEnglish(c) 2016 Kasturi amp Sons LtdKOTTAYAMKERALA After a slump in production positive trend in thesector since May The productionfigures of natural rubber (NR) for September 2016 showed an increase of 20 per cent as compared to thoseduring the same period last year the Rubber Board said in a statement here on Wednesday

Production of NR during September 2016 is 60000 tonnes against the 50000 tonnes during September2015

Consumption of NR during the period has also registered a healthy increase by 36 per cent mdash 84500 tonnesin September 2016 as compared to 81600 tonnes in September 2015 An increase in production of NR hadbeen noticed since May 2016 press note said Natural Rubber production had shown a decreasing trend forthe past few years on account of the extended slump in the market

Untapped holdings climate change and shortage of tappers were the reason for this Integrated efforts werebeing undertaken by the board through Rubber Producersrsquo Societies (RPSs) and Board Companies atregional office level and field office level to improve production and productivity the press note said

Document THINDU0020161027ecar0000s


Bioplastic containers for rubber agriculture

Chemical Industry DigestDistributed by Contifycom351 words27 October 2016Chemical Industry DigestACHEMIEnglishCopyright copy 2016 Blockdale Publishing distributed by ContifycomCorbion Global Bio-Polymers and Maxrich announced their collaboration on the development of abiodegradable root growth container to improve the agricultural efficiency and environmental performance ofrubber tree plantations The container is intended to bring threefold benefits to the Thai rubber industryencourage young rubber trees to root more effectively to increase tree longevity improve survival yield ratesduring outplanting and offer a more environmentally sustainable alternative to traditional non-biodegradableplastic containers

Currently rubber trees are planted in nurseries above ground in polyethylene (PE) film bags orpolypropylene (PP) cones These containers ensure that the roots grow in a contained environementenabling the farmer to transport and plant them easily Once the mature trees are outplanted the cutting offof the bag or cone can damage the root system and result in yield loss of the final tree crop at a cost of THB90 EUR 230 per lost tree

The PE bags can pollute the local environment and endanger local wildlife The cone is more difficult toremove at time of outplanting and results in yield loss due to root damage during this step

The bioplastic container project is intended to provide an alternative to the existing options of PE bag PPcone A bioplastic cone would offer the benefits of directed root growth combined with biodegradability at endof life This container is not required to be cut off and thus reduces the chance of damage The biodegradablecontainers would also eliminate the current littering of non-biodegradable plastics

The bioplastic cone will be based on Corbion Puracs Poly Lactic Acid (PLA) along with other biopolymersThe bioplastic compound will be specially developed to match the climatic conditions and needs of both thenursery and the plantation in various geographical locations in Thailand The PLA is made from sugarcanegrown locally in Thailand making this a truly circular and localfor- local application

Corbion and Global Bio-polymers will be jointly developing the custom compounds for the project whereasMaxrich will produce the containers

Document ACHEMI0020161027ecar0000e


RUBBER-TOCOM cuts intraday loss ends higher tracking firmer Shanghai

341 words27 October 20161809Reuters NewsLBAEnglishCopyright 2016 Thomson Reuters All Rights ReservedTOKYO Oct 27 (Reuters) - Benchmark Tokyo rubber futures recovered from a sharp fall intraday to closefirmer on Thursday near a five-month high hit early last week mirroring highly volatile Shanghai futures

The Tokyo Commodity Exchange (TOCOM) rubber contract for April delivery lt02JRUgt finished higher by29 yen or 16 percent at 1819 yen ($174) per kg after tumbling to a low of 1783 yen in mid-day followinga sudden drop in Shanghai futures

We dont really know what has triggered a flurry of selling in Shanghai futures in mid-day that sent TOCOMdown sharply said Toshitaka Tazawa an analyst at Fujitomi Co

But Tokyo managed to regain ground to end firmer as Shanghai quickly bounced back Its hard to predictwhere Shanghai is headed he said

The contract also climbed to a high of 1839 yen close to its highest level since May

The most-active rubber contract on the Shanghai futures exchange for January delivery cut early losses andgained 325 yuan to finish at 14155 yuan ($208757) per tonne

It looks the 140-yen mark will be a key for TOCOM If it breaks through 140 yen it may force some investorsto unwind short positions which will further bolster the market Tazawa said

On the upside the dollar traded close to a three-month high against the yen on Thursday underpinned byhigher US bond yields and growing expectations that the US Federal Reserve will raise interest rates bythe end of the year

A weaker yen makes yen-denominated assets more affordable when purchased in other currencies

The front-month rubber contract on Singapores SICOM exchange for November delivery last traded at 1480US cents per kg up 19 cent ($1 = 67806 Chinese yuan renminbi) ($1 = 1046300 yen) (Reporting by YukaObayashi Editing by Vyas Mohan)

Released 2016-10-27T110949000ZDocument LBA0000020161027ecar00g7g

10282016 Rubber output continues steady rise into September | Business Line

httpwwwthehindubusinesslinecomeconomyagri-businessrubber-output-continues-steady-rise-into-septemberarticle9277274ececss=print 12

Rubber output continues steady rise into September

V Sajeev Kumar

See Also

1 Small Business Financing 2 Best Businesses to Start 3 Most Profitable Business Ideas

Kochi October 27

Efforts of the Rubber Board to enhance production and productivity seem to be yielding results as is evident from therising trend in production

The Board said that the increase in rubber production continues and the production of natural rubber (NR) inSeptember shows an increase of 20 per cent compared to the the same period last year

The production in September totals 60000 tonnes whereas it was 50000 tonnes in September 2015 Consumptionduring the period also increased by 36 per cent to 84500 tonnes Production has been on the rise since May

According to Board officials production has been declining for the last few years Untapped holdings climate changeand shortage of tappers were the reason for this The steady increase now may be the result of initiatives taken by theBoard Integrated efforts are being undertaken by the Board through Rubber Producersrsquo Societies (RPSs) and BoardCompanies at the regional office level and field office level to improve output

However PC Cyriac President Rubber Growersrsquo Samrakshana Samithy termed the surge a temporary phenomenonin the wake of farmers coming forward to avail the subsidy offered by the Kerala government out of the sanctioned

500 crore price stabilisation fund This amount would be cover the subsidy for only 1 lakh tonnes and the cash-

strapped government has its own limitations in extending the subsidies further

According to Cyriac domestic rubber production has declined because of extensive imports To revive he said there isan urgent need for the Centre to levy safeguard duty on rubber imports for which there are enough provisions inWTO regulations

(This article was published on October 27 2016)

Printable version | Oct 28 2016 65807 AM | httpwwwthehindubusinesslinecomeconomyagri-businessrubber-output-continues-steady-rise-into-septemberarticle9277274ece copy The Hindu Business Line

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Bertta Hariaa

2 8 OCT 2016

rC T A L J 17 SENV J L 1 f i l l 3 27 Oktober 2016

asaran getah Malaysia di- lsquo tutup tinggi semalam su-

sulan kenaikan harga semala- man di pasaran hadapan getah Shanghai Futures Exchange kata peniaga

Peniaga itu berkata corak aliran meningkat harga getah itu juga disokong oleh ringgit yang lemah berbanding dolar Amerika Syarikat (AS)

Pada tengah hari harga fizi- kal rasmi Lembaga Getah bagi gred tayar SMR 20 menokok 17 sen kepada RM614 sekilogram manakala susu getah pukal meningkat 15 sen kepada RM505 sekilogram

Harga penutupan tidak rasshymi bagi gred tayar SMR 20 naik 85 sen kepada RM612 sekiloshygram manakala susu getah pukal menokok 25 sen kepada RM506 sekilogram

BERNAMA







SMR 10 61600 15030 61400 14985SMR 20 61400 14985 61200 14935




u s$Low High





US$4918 -US$078




16206




U tn sa n

2 8 OCT 2016















ABD AZIZ

N S T

2 8 OCT 2816



































October 27 2016 0712 ET (1112 GMT)




































































V Sajeev Kumar

See Also


Kochi October 27





















SMR 10 61600 15030 61400 14985SMR 20 61400 14985 61200 14935




u s$Low High





US$4918 -US$078




16206




U tn sa n

2 8 OCT 2016















ABD AZIZ

N S T

2 8 OCT 2816



































October 27 2016 0712 ET (1112 GMT)




































































V Sajeev Kumar

See Also


Kochi October 27


















16206




U tn sa n

2 8 OCT 2016















ABD AZIZ

N S T

2 8 OCT 2816



































October 27 2016 0712 ET (1112 GMT)




































































V Sajeev Kumar

See Also


Kochi October 27















U tn sa n

2 8 OCT 2016















ABD AZIZ

N S T

2 8 OCT 2816



































October 27 2016 0712 ET (1112 GMT)




































































V Sajeev Kumar

See Also


Kochi October 27















N S T

2 8 OCT 2816



































October 27 2016 0712 ET (1112 GMT)




































































V Sajeev Kumar

See Also


Kochi October 27




























October 27 2016 0712 ET (1112 GMT)




































































V Sajeev Kumar

See Also


Kochi October 27

















































































V Sajeev Kumar

See Also


Kochi October 27















28hb oktober 2016 - lgm.gov.my 16/oct28.pdf · percukaian malaysia (mata), abd. aziz abu bakar...

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