Archived News

Holland & Barrett has said it will no longer buy, sell or produce wet wipes as part of its “Clean and Conscious” pledge amid a sustainability demand.

As Malaysians marked the first anniversary of the historic victory which brought Pakatan Harapan (PH) to rule today, the PH-led government has successfully managed to raise Malaysia's prestige and profile in the international arena.

Consul General of Malaysia, Khairul Nazran ABD Rahman has urged Pakistani business community not to focus only on traditional trade items like textile, palm oil etc, but also to diversify their product range, which may include mango, vegetables and other items.

The Energy Ministry plans to set biodiesel B10 as the fundamental diesel at petrol stations next week, alongside the current biodiesel B7. B7 will have to comply with the Euro 5 standard soon in order to be promoted as a premium-grade diesel. B7 means 7% methyl ester from crude palm oil blended with diesel, while B10 is a 10% blend.

Malaysian palm oil futures fell more than 1 percent in late trade on Thursday, charting a second session of losses, as worries over U.S.-China trade relations weighed on prices.

The European Union (EU) and France are not the enemy of palm oil and the market will continue to be open for the crop especially now with the Pakatan Harapan government's credible policies in safeguarding the environment.

Malaysian ambassadors and high commissioners have been urged to act as spokespersons and “lobbyists” to fight negative perceptions against palm oil.

Malaysian palm oil futures was in line for a second day of gain on Wednesday, climbing to its highest level in four days in early trade. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange was last up 0.5 percent at 2,051 ringgit ($494.81) a tonne.

Malaysian palm oil futures fell on Wednesday, pressured by concerns over the Sino-U.S. trade conflict and as the ringgit strengthened.

Malaysian palm stocks are expected to hover around 3 million tonnes for the rest of the year, as improved yields from good weather and new plantings come into fruition this year and exports remain flat, say industry players, whose estimates range between 2.7-3.4 million tonnes.

Ramansamy Amawasi is finding it increasingly difficult to cope with life these days.

Swiss-based Bruno Manser Fund said Putrajaya should focus on cleaning up land clearing and oil palm plantation practices in Sarawak instead of mounting a fight against the European Union (EU) which is implementing curbs on the use of palm oil.