Archived News

Kuala Lumpur - Malaysia’s palm oil inventories at end-November likely shrank slightly from October as output slowed while imports jumped, according to a Reuters survey.

THE Malaysian palm oil industry has had a head start when it comes to addressing sustainability as well as environmental, social and governance (ESG) requirements, due to the demand, since the early 2000s, for sustainable palm oil production.

Kuala Lumpur - Malaysia's palm oil inventories at end-November likely shrank slightly from October as output slowed while imports jumped, a Reuters survey showed on Monday.

Jakarta - Malaysian palm oil futures rebounded on Monday as expectations of a drop in stocks buoyed prices, though a stronger currency and weakness in Dalian oils capped gains.

Kuala Lumpur - The Domestic Trade and Cost of Living Ministry will hold a special meeting on Tuesday (Dec 6) with industry players on the shortage of egg and packet cooking oil.

With its gleaming offices, electric buses, and economically productive residents, Nusantara is the quintessential modern metropolis — smack in the middle of a vast rainforest.

Petaling JayaJanay - PETALING JAYA: Corporate earnings for the final quarter of 2022 (4Q22) are expected to remain positive, underpinned by festive spending ahead of Christmas and Chinese New Year, more tourist arrivals as well as higher bank earnings from rate hikes, says CGS-CIMB Research.

A handful of African companies have finally started shipping goods under the long-delayed AfCFTA free trade agreement. They're part of a new initiative to kick-start intra-African trade.

03/12/2022 (The Star Online), Kota Kinabalu - Sabah is set to earn less from the palm oil sector for the second half of this year due to increasing labour costs as well as volatile crude palm oil (CPO) prices.

02/12/2022 (The Borneo Post), Miri - Oil palm smallholders demand answers from the authorities on whether there was profiteering in abnormally big price differences for fresh fruit bunches (FFB) last month, said Sarawak Dayak Oil Palm Planters Association (Doppa) in a statement.

02/12/2022 (The Sun Daily), Kota Kinabalu - The current volatility of crude palm oil (CPO) prices on a weekly basis has impacted revenue collection for the Sabah state government compared to the beginning of the year.

02/12/2022 (ARY News) - Sunflower oil’s discount to rival soyoil has widened this week to the highest level in more than 9 months as leading exporters Ukraine and Russia were aggressively offering the oil to bring down their stocks, industry officials told Reuters.