Archived News
24-02-2023
No new land clearing for palm oil
KUALA LUMPUR: There will be no new land clearing or deforestation for oil palm plantations, says Deputy Prime Minister Datuk Seri Fadillah Yusof.
24-02-2023
Double down efforts to counter negative media on palm oil, says Fadillah
PETALING JAYA: Malaysia must make it a priority to counter negative campaigns against its commodities, particularly palm oil, by the western media, says deputy prime minister Fadillah Yusof.
24-02-2023
Palm near seven-week high on stronger crude oil
Malaysian palm oil futures rose 1% on Thursday, trading near a seven-week high scaled in the previous session, as higher crude oil prices made palm a more attractive option for biodiesel feedstock.
24-02-2023
Conserving wildlife through sustainable palm oil
THE Malaysian Palm Oil Board (MPOB) always ensures that palm oil production does not affect the environment and wildlife in the country.
24-02-2023
Hap Seng Plantations net profit declines 6pc
Kuala Lumpur: Hap Seng Plantations Holdings Bhd’s net profit for the financial year ended Dec 31, 2022 (FY2022) fell six per cent to RM210.31 million from RM224.02 million in the same period for FY2021.
24-02-2023
Salahuddin Ayub: No shortage of subsidised cooking oil in the market
KUALA LUMPUR: There is no shortage of subsidised cooking oil packets, says Datuk Seri Salahuddin Ayub.
23-02-2023
Malaysia keeps March crude palm oil export duty at 8%
22/02/2023 (The Star Online), Kuala Lumpur - Malaysia has maintained its March export tax for crude palm oil at 8% and lowered the reference price, a circular on the Malaysian Palm Oil Board website showed on Wednesday.
23-02-2023
Genting Plantations expects palm oil prices to be supported by higher demand
22/02/2023 (The Star Online), Kuala Lumpur - Genting Plantations Bhd’s prospects for 2023 will track the performance of its plantation segment, which in turn depends on the movements in palm products prices and its fresh fruit bunches (FFB) production.
23-02-2023
Hap Seng Plantations FY22 net profit down 6% to RM210.31mil
22/02/2023 (The Star Online), Kuala Lumpur - Hap Seng Plantations Holdings Bhd’s net profit for the financial year ended Dec 31, 2022 (FY2022) fell six per cent to RM210.31 million from RM224.02 million in the same period for FY2021.
23-02-2023
Arawana’s profit falls a second year as costlier commodities erode margins at China’s largest cooking oil processor
22/02/2023 (South China Morning Post) - Yihai Kerry Arawana Holdings said its profit declined for the second year, as higher material costs stoked by the Russia-Ukraine war undermined margins at China’s biggest cooking oil processor.
23-02-2023
RM446m channelled to rubber smallholders under IPG Scheme since 2015: Fadillah
22/02/2023 (The Sun Daily), Kuala Lumpur - The Federal Government has channelled RM446 million to 207,128 rubber smallholders nationwide through the Rubber Production Incentive (IPG) scheme from September 2015 to Dec 31, 2022, said Deputy Prime Minister Datuk Seri Fadillah Yusof .
23-02-2023
China recovery to offset tepid global demand
22/02/2023 (The Star Online), Petaling Jaya - Malaysia’s exports are expected to see slower growth amid a weaker global economy this year.