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ASEAN INDICES
March 11, 2010
Market
Indices
Change

IDX

2,676.52 6.30
KLC 1,321.43 -6.79
PSEi * 3,119.63 12.28
SGX
7.77 0.05
SET  725.95 5.11
Source : Relevant bourses
Note   : * as of
10 Mar 10

CURRENCY EXCHANGE
March 11, 2010
Currency US$
Euro
Singapore $ 

1.31 1.87
Thai Baht*
  32.83

44.75

Malaysia Ringgit   
  3.32 4.53
Indonesia Rupiah
  9,231.00 12,592.93
Philippines Peso
  45.66

62.36

Source:Relevant central banks
Note   : *
as of 10 Mar 10
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July 23, 2008

Lao cassava powder producer makes 1st export to China

Lao-Indochina Tapioca Factory, the first cassava powder producer in Laos, has exported 340 tons of the powder to China, the first export since production began last month, Lao newspaper Vientiane Times reported Monday.

The Hanoi-based factory, Lao-owned but managed by Chinese staff, will export at least 1,500 tons of the powder to China every month till the end of this year.

The factory is capable of producing 100 tons of powder each day, but the output requires a daily supply of 320 tons of cassava, when the current supply stands at only 200 tons. The Lao enterprise has been growing cassava for the last four years.

In the past, Lao cassava was sliced, dried, packed without any further processing, and then exported to China, the newspaper said. Cassava powder is now processed into noodles, snacks and seasoning, and used in the production of cloth, glue, paint, paper, medicine and false teeth.

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