Archived News
12-09-2022
Three companies sign deals with Palm Oil Industrial Cluster Lahad Datu
10/09/2022 (Daily Express), Kota Kinabalu - Investors are sharing POIC Sabah’s vision of Lahad Datu becoming a growth catalyst and its growing importance in East Asean, said POIC Sabah Chief Executive Officer Datuk Fredian Gan.
12-09-2022
Labor dearth set up Malaysia for 3rd year of palm oil losses
12/09/2022 (Business World Online), Kuala Lumpur - Malaysian palm oil planters are letting thousands of tons of fruits rot as the third year of a worker shortage has left companies unable to increase their harvesting during the peak production season.
12-09-2022
Art of diplomacy key to biodiversity conservation
12/09/2022 (New Straits Times) - Many may not be aware that biodiversity is a critical element in the jigsaw puzzle of life.
12-09-2022
CPO futures likely to trade on a slightly upward bias next week
10/09/2022 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are expected to trade on a slightly upward bias next week, said a dealer.
12-09-2022
CPO futures close higher, tracking gains in soybean oil
09/09/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended the week mostly higher on the back of stronger soybean oil prices during Asian hours, a dealer said.
12-09-2022
Minister presses for public assistance to drive palm industry's growth
09/09/2022 (Antara News), Jakarta - Coordinating Minister for Economic Affairs Airlangga Hartarto urged one and all to assist the government in making the palm oil industry a strategic sector.
09-09-2022
Labour shortages set up Malaysia for third year of palm oil losses
08/09/2022 (Malaysia Kini) - Malaysian palm oil planters are letting thousands of tonnes of fruits rot as the third year of a worker shortage has left companies unable to increase their harvesting during the peak production season.
09-09-2022
IPOSC 2022 to counter smear campaigns against Malaysian palm oil
08/09/2022 (New Straits Times), Kuala Lumpur - Top experts will share their views on the recent developments and possible solutions on the current sustainability concerns and challenges at the 7th International Palm Oil Sustainability Conference 2022 (IPOSC 2022).
09-09-2022
CPO futures close lower, tracking weakness in soybean oil
08/02/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended lower on Thursday, continuing its downtrend and tracking the weakness in the soybean oil market, said a dealer.
09-09-2022
No growth in CPO production for third year amid slow return of workers, says MPOA
08/09/2022 (The Edge Markets), Kuala Lumpur - The Malaysian Palm Oil Association (MPOA) said the domestic oil palm plantation sector is experiencing its worst-ever availability of workers on the ground since the commercialisation of oil palm back in 1917.
09-09-2022
CPO futures close lower for sixth consecutive session as weak market sentiment persists
08/09/2022 (The Edge Markets), Kuala Lumpur -The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended lower for the sixth consecutive session as overnight weakness on the Chicago bean oils market continued to weigh on sentiment for CPO.
09-09-2022
Malaysian Palm Oil Output to Drop for Third Year on Labor Crunch
Malaysian palm oil production is set to decline for a third year as a worker shortage in plantations continues to hamper harvesting, according to the nation’s largest group of growers.