Archived News

03/04/2023 (Malay Mail), Kuala Lumpur - The government will improve the levy collection mechanism and is prepared to review the windfall profit threshold by taking into consideration palm oil production cost, said Deputy Finance Minister I Datuk Seri Ahmad Maslan today.

03/04/2023 (The Star Online), Kuala Lumpur - Windfall tax collected from the palm oil industry should be used to assist oil palm smallholders who are hard pressed, says Datuk Seri Dr Wee Jeck Seng.

03/04/2023 (The Edge Singapore) - Mewah International MV4 0.00% has executed a share sale and purchase agreement on Apr 3 to acquire 100% equity interest in PT Kencana Inti Perkasa (PTKIP), an Indonesian company which owns and operates facilities in the palm oil business.

03/04/2023 (Daily Express), Beijing - The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) Vice President Tan Sri Andrew Liew hopes at least one Sabahan will be appointed to the Malaysian Palm Oil Board (MPOB).

03/04/2023 (Nasdaq), Singapore - Malaysian palm oil futures rose nearly 3% on Monday and touched a two-week high, as a rally in crude oil lifted prices.

03/04/2023 (Nasdaq), Singapore -Malaysian palm oil futures finished more than 3% higher on Monday, in the market's biggest rise in two months, as a rally in crude oil lifted prices after Saudi Arabia and other OPEC+ producers announced a surprise cut in their output target.

02/04/2023 (The Edge Markets), Kuching - The UK's decision to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is anticipated to boost trade ties between Malaysia and the country.

03/04/2023 (Business Recorder), Singapore - Palm oil still targets 3,853 ringgit per tonne, as it has broken a resistance at 3,718 ringgit. The break opened the way towards 3,853 ringgit.

03/04/2023 (Business Recorder), Singapore -Malaysian palm oil futures rose nearly 3% on Monday and touched a two-week high, as a rally in crude oil lifted prices.

02/04/2023 (Nasdaq), Singapore - Malaysian palm oil futures rose 2.5% on Monday with prices climbing to their highest in two weeks, underpinned by a rally in the crude oil market.

02/04/2023 (Free Malaysia Today), Petaling Jaya - The UK’s decision to join a regional trade pact is expected to help Malaysia break down the stigma and negative propaganda surrounding palm oil, plantation and commodities minister Fadillah Yusof said today.

02/04/2023 (Malay Mail), Kota Kinabalu - The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) Vice President Tan Sri Andrew Liew, hopes at least one Sabahan will be appointed to serve as a member of the Malaysian Palm Oil Board (MPOB).