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The report was of the view that a large proportion of this loss was driven by a reduction in consumption expenditures (both household and government). Exports and inward foreign direct investment are also partially responsible for this decline in GDP, with associated cumulative losses of USD 4.5 billion and USD 3.6 billion respectively. These results point to the significant negative consequences associated with FATF grey-listing.

TSH Resources Bhd’s net profit jumped 76.68% to RM32.95 million in the fourth quarter ended Dec 31, 2020 from RM18.65 million a year earlier, thanks to higher crude palm oil (CPO) and palm kernel prices, partially offset by lower sales contribution from other segments.

Malaysian palm oil futures climbed more than 3% on Thursday, rising for a fourth session in five to hit a six-week high, as crude oil and rival Dalian and Chicago Board of Trade soyoil firmed.

New Delhi, Feb 25 (PTI) India''s trade policy remained largely unchanged since last review in 2015 as the country continues to rely on instruments such as tariff, export taxes, minimum import prices and licensing, according to certain members of the World Trade Organisation (WTO)

Malaysian palm oil futures ended lower on Wednesday, reversing from early gains and snapping a three-session rally on market talks of a slowdown in export shipments for February

Both sides reached broad consensus on ways and means to further strengthen cooperation in a comprehensive manner and agreed to hold frequent meetings; promote high-level and delegation-level exchanges; and enhance the process of consultations, cooperation and coordination between their respective institutions

Palm oil inventories in Malaysia, the world's second largest producer and exporter, will remain low throughout the year and continue to support high prices, the Malaysian Palm Oil Council (MPOC) said on Wednesday.

Malaysian palm oil futures climbed for a fourth day on Wednesday, supported by a tight supply and tracking a rally in rival Dalian and Chicago Board of Trade soyoil.

Hitting the palm oil industry with an additional cess of RM2 per ton of crude palm oil and palm kernel oil is damaging the economic recovery of the country, especially oil palm producing states like Sabah, said Sabah Progressive Party (SAPP) president Datuk Yong Teck Lee.

Exports rose for a second straight month in January, albeit at a slow pace, edging up by 0.35% from the same month of last year after a 4.71% year-on-year surge in December 2020.

Mumbai, FEB 24 (PTI) OILS (per 10 Kgs) G.Nut Raw 1530.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1500.00

The labour shortage in the palm oil sector is the biggest problem facing the industry at the moment, say researchers who believe greater efforts have to be taken to reduce the over-reliance on cheap foreign workers.