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MKH Oil Palm to beef up landbank, expand plantation capacity, improve efficiency

MKH Oil Palm to beef up landbank, expand plantation capacity, improve efficiency

KUALA LUMPUR: MKH Oil Palm (East Kalimantan) Bhd (MKHOP) plans to acquire additional landbanks in East Kalimantan, Indonesia, close to its current estates, to increase plantation capacity, improve operational and logistics management coordination and efficiency. Chairman Tan Sri Alex Chen Kooi Chiew said 90% of the company’s oil palm trees are at peak production age,…

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Costing £40bn a year until 2030, Labour has decided its colossal net zero plan is worth the risk | Politics News

Costing £40bn a year until 2030, Labour has decided its colossal net zero plan is worth the risk | Politics News

There’s a reason previous governments baulked at the net zero challenge – it’s absolutely colossal, something Labour’s new Clean Power 2030 plan lays bare. Offshore wind generating capacity, which has taken 20 years to reach 14.8GW, must more than triple to about 50GW within just six years. The plan calls for a tripling of solar…

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ECB boss Christine Lagarde cuts interest rates for the fourth time this year as EU flounders

ECB boss Christine Lagarde cuts interest rates for the fourth time this year as EU flounders

By JOHN-PAUL FORD ROJAS Updated: 22:01 GMT, 12 December 2024 The European Central Bank (ECB) cut interest rates for the fourth time this year as the continent’s floundering economy faces political strife and possible US tariffs. The quarter-percentage point cut from 3.25 per cent to 3 per cent takes rates to their lowest since May…

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