Archived News

28/12/2022 (The Star Online), Kuala Lumpur - Malaysia has maintained its January export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Wednesday.

28/12/2022 (The Star Online), Petaling Jaya - Boilermech Holdings Bhd’s full ownership of Tera Sdn Bhd is expected to solidify the group’s existence in the renewable energy (RE) space, says Kenanga Research.

28/12/2022 (New Straits Times), Kuala Lumpur - There should be some rebound for banking stocks on Bursa Malaysia today after suffering a sell-down yesterday, Rakuten Trade said.

28/12/2022 (The Star Online), Kuala Lumpur - Kim Loong Resources Bhd, which posted a net profit of RM36.74mil in the third quarter ended Oct 31 (3Q), expects to perform well and achieve a record high revenue and profit for the financial year ending January 31, 2023 (FY23).

26/12/2022 (Nasdaq), Kuala lumpur - Exports of Malaysian palm oil products for December 1-25 fell 0.8% to 1,262,147 tonnes from 1,272,721 tonnes shipped during November 1-25, cargo surveyor Intertek Testing Services said on Monday.

27/12/2022 (The Edge Markets) - Palm oil posted its biggest advance since July as China's decision to end quarantine for inbound visitors buoyed expectations that demand in one of the world's top consumers of edible oils will improve.

26/12/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures extended losses on Friday to hit a 10-day closing low, and logged a second weekly decline due to poor demand and weaker rival oils.

27/12/2022 (Hellenic Shipping News) - Indonesia’s 2022 palm oil exports are estimated at 34.67 million tonnes, down from last year’s 37.78 million tonnes, partly due to a temporary export stoppage in April, the chief executive of its palm oil fund (BPDPKS) said.

27/12/2022 (The Edge Markets) - IF the Roundtable on Sustainable Palm Oil (RSPO) were a person, it would be on the cusp of adulthood as it turned 18 in April this year. Having been around for close to two decades, to what extent has the not-for-profit organisation achieved its vision to make sustainable palm oil the norm?

28/12/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures surged more than 6% on Tuesday, its biggest one-day jump in three months, on demand optimism after key market China said it would further ease border controls for inbound travellers.

28/12/2022(Bangkok Post) - Thailand's Manufacturing Production Index (MPI) fell in November by 5.6% year-on-year to 95.11 points, the lowest in 15 months, as oil refineries were shut down for maintenance while a global economic slowdown began to affect exporters, say the Office of Industrial Economic (OIE).

27/12/2022 (Sinar Harian) - Food labels generally give an overview of the ingredient content information of a product for consumer reference such as nutritional content, meal recommendations, serving steps and so on.