Archived News
09-01-2018
FGV, Genting Plantations seen gaining from Malaysia CPO export tax suspension
Malaysia's move to suspend crude palm oil (CPO) export tax for three months starting today (Jan 8, 2018) is positive for planters with significant upstream operations, as the move will boost CPO exports.
08-01-2018
Malaysian palm oil/Vegoils: Market factors to watch Monday Jan 8
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Jan 8.
08-01-2018
Strong ringgit may bring little cheer to Malaysian exporters
Malaysian exporters have been enjoying the benefits of a weak ringgit since 2015, but high foreign exchange gains may soon be a thing of the past as the ringgit strengthened past 4.00 against the US dollar last Friday
08-01-2018
Better earnings for FGV mean higher payouts
Federal Land Development Authority (Felda) chairman Tan Sri Shahrir Abdul Samad is optimistic that the suspension of export taxes on crude palm oil will help spur growth in Felda Global Ventures Holdings Bhd
08-01-2018
FGV to benefit from suspension of export taxes
KUALA LUMPUR: CIMB Equities Research expects Felda Global Ventures Holdings (FGV), Hap Seng Plantations, Genting Plantations, Ta Ann and Jaya Tiasa to benefit from the suspension of export taxes on crude palm oil (CPO) for a three-month period from Jan 8 to April 7.
08-01-2018
Shahrir: Palm oil export duty only frozen to raise prices
JOHOR BARU, Jan 7 — The government temporarily suspended duties for palm oil exports purely to boost the commodity's price, said the Federal Land Development Authority (Felda).
08-01-2018
Sugar cane should be replaced with palm oil
The sugar industry worldwide has seen its profitability decrease significantly
08-01-2018
Demand for Malaysian palm oil seen to rise by 15% following export tax suspension
Malaysia could see rising demand for palm oil from key overseas buyers in the coming weeks following its decision to suspend export taxes on crude palm oil for three months from Monday.
08-01-2018
Strong ringgit, strong fundamentals
The strengthening of the ringgit against the US dollar to break the psychologically significant 4.0 level to US$3.99 — a 16-year high — is testimony to the strength of the Malaysian economy.
08-01-2018
Malaysia to suspend export tax on palm oil for three months
Malaysia, the world’s second-largest palm oil producer, will suspend export taxes on crude palm oil for a three-month period starting on Jan 8 to boost prices and reduce high stockpiles, according to Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong
05-01-2018
Malaysian palm oil/Vegoils: Market factors to watch Friday Jan 5
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Jan 5.
05-01-2018
Palm oil stockpiles may rise to 2.7 million tonnes
PETALING JAYA: Palm oil stockpiles, which is almost at a two-year high, may rise further to 2.7 million tonnes as at the end of December from 2.56 million tonnes in November last year.