Archived News
30-11-2020
RCEP: Economic fortunes and challenges
With economic windfalls and challenges, Regional Comprehensive Economic Partnership (RCEP) is an ‘Asian Economic Stride’, on a global trade stage. Representing present time as well as future dynamics, it promises China, ASEAN countries, Japan, South Korea, Australia and New Zealand inclusive growth in tandem.
30-11-2020
Eco-warriors awarded for efforts to preserve biodiversity
The country’s Biodiversity Conservation Trust Fund (Kehati) Foundation bestowed awards to five individuals and a private company for their significant contributions in protecting the country’s biodiversity through their actions and activism.
30-11-2020
Malaysia’s palm oil industry seeing high prices
The price of Malaysia’s fresh palm oil fruit bunches and crude palm oil were at a high level, which was partly due to the high demand from buyers, including those from China and India, says Foreign Minister Datuk Seri Hishammuddin Hussein.
30-11-2020
MPOB expects Malaysian Palm Oil demand to improve further in future
The Malaysian Palm Oil Board (MPOB) director-general (DG) Dr Ahmad Parveez Ghulam Kadir has reported a rise in Malaysian palm oil exports in recent months. Malaysian Palm Oil Board (MPOB) is a premier government agency under the Ministry of Plantation Industries and Commodities, established in Malaysia for serving oil palm industry
30-11-2020
Hishammuddin expresses gratitude to India, says reduced import duty will benefit oil palm smallholders
The increase in crude palm oil prices, after the Indian government reduced the import duty for Malaysia, would benefit oil palm smallholders, says Datuk Seri Hishammuddin Hussein
27-11-2020
Palm oil export value will suffer if Malaysia stops exporting to EU, says minister
KUALA LUMPUR (Nov 26): Malaysia's palm oil export value to the global market would be affected if Malaysia no longer export the commodity and other palm-based products to the European Union (EU) as the region is the country's second-largest palm oil market after China, said the Ministry of Plantation Indistries and Commodities (KPPK).
27-11-2020
Cargill to invest RM81m to upgrade palm oil production facility in Port Klang
KUALA LUMPUR (Nov 26): Vegetable oil refining and production outfit Cargill Palm Products Sdn Bhd will invest US$20 million (RM81 million) to expand and modernize its palm oil production facility in Port Klang which is expected to be completed and running by February 2022.
27-11-2020
Sarawak oil palm planters oppose MPOB’s proposed RM5 cess on CPO for 2021
KUCHING (Nov 26): Sarawak Oil Palm Plantation Owners Association (Soppoa) has objected to the Malaysian Palm Oil Board’s (MPOB) proposal to impose an additional cess of RM5 for every metric tonne of crude palm oil (CPO) and crude palm kernel oil for a year starting January 2021.
27-11-2020
THP back to black in Q3, posts better revenue on higher palm products ASP
KUALA LUMPUR: TH Plantations Bhd (THP) has returned to the black in the third quarter (Q3) ended September 30, 2020 posting a net profit of RM15.77 million from a net loss of RM31.61 million.
27-11-2020
Techbond revenue jump 13.6pc to RM22mil for Q1
KUALA LUMPUR: Techbond Group Bhd (TGB) a homegrown pioneer in developing and manufacturing industrial adhesives and sealants, posted a revenue of RM22.0 million for its first quarter (1Q) ended 30 September 2020 (FY21), an increase of 13.6 per cent or RM2.6 million from RM19.4 million a year ago.
27-11-2020
Cover Story: ‘Predictability’ is the word to describe Biden’s trade war approach
THE “America First†platform espoused by President Donald Trump is a striking characteristic of the billionaire’s administration of the US. In his effort to “Make America Great Againâ€, Trump had turned the US away from multilateralism.
27-11-2020
Sarawak Oil Palms' 3Q net profit rises to RM73.83 mil
KUALA LUMPUR (Nov 26): Sarawak Oil Palms Bhd’s net profit for the third quarter ended Sept 30, 2020 (3Q 20) rose to RM73.83 million from RM30.9 million in the same period last year.