Archived News
05-03-2025
Fomca calls for stronger data security in subsidised cooking oil app
04/03/2025 (Free Malaysia Today), Petaling Jaya - The Federation of Malaysian Consumers Associations (Fomca) today urged the government to ensure optimal data security for the app that it will introduce to monitor subsidised cooking oil sales.
05-03-2025
HLIB maintains CPO price assumptions amid weak output
04/03/2025 (New Straits Times), Kuala Lumpur - Hong Leong Investment Bank Bhd (HLIB Research) has maintained its crude palm oil (CPO) price assumptions at RM4,000 per tonne for 2025 and RM3,800 for 2026.
05-03-2025
Malaysian palm oil lower
04/03/2025 (Business Recorder), Jakarta - Malaysian palm oil futures closed lower on Monday following a decline in rival oils, while weaker Malaysian palm oil exports in February also weighed on sentiment.
04-03-2025
Mobile app to track subsidised cooking oil sales
04/03/2025 (The Star Online), Kuala Lumpur - In a bid to reduce leakages, the Domestic Trade and Cost of Living Minister (KPDN) is now looking to expand the Cooking Oil Price Stabilisation Scheme System (eCoss) to include a mobile application.
04-03-2025
Petchsrivichai hunts for used cooking oil
04/03/2025 (Bangkok Post) - Greater demand for both cooking oil and used cooking oil is causing SET-listed Petchsrivichai Enterprise Plc, a local palm oil manufacturer, to expand production and run a campaign to acquire more used cooking oil for resale.
04-03-2025
CPO Futures End Lower on Weaker Dalian Palm Olein Prices
03/03/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives closed lower on Monday, weighed down by weaker prices on Dalian palm olein, said palm oil trader David Ng.
04-03-2025
Innovation in the palm oil industry
03/03/2025 (Daily Express) - THE utilisation of palm oil is widespread as a vegetable oil and it is used in various industries such as food, personal care products, and biofuels. The production of palm oil has experienced a notable rise on a global scale, from 24 million tonnes in 2000/2001 to 77 million tonnes in 2022/2023 to satisfy the high demand for vegetable oils.
04-03-2025
Soybean oil supply to normalise within two days: Adviser
03/03/2025 (United News of Bangladesh) - The supply of soybean oil is expected to normalise within the next two days, said Commerce Adviser Sk Bashir Uddin on Monday.
03-03-2025
CPO Futures Likely To Stay Bearish Next Week
01/03/2025 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trend lower next week, tracking sluggish export performance, said palm oil trader David Ng.
03-03-2025
Sweden Backs EU-Malaysia Free Trade Agreement To Strengthen Economic Ties
01/03/2025 (Bernama), Kuala Lumpur - Sweden has voiced strong support for a European Union (EU)-Malaysia free trade agreement (FTA), expressing hope that it will be finalised this year, seeing it as a crucial step towards boosting economic cooperation and attracting European investments.
03-03-2025
Palm oil logs first monthly gain in three months
02/03/2025 (Reuters), Jakarta - Malaysian palm oil futures rose on Friday and posted their first monthly gain in three months, underpinned by strength in rival oils and expectations of a rebound in India’s purchases.
03-03-2025
FGV Holdings net profit more than doubles
03/03/2025 (New Straits Times), Kuala Lumpur - FGV Holdings Bhd is gearing up for a promising year ahead after its net profit more than doubled in the financial year 2024 (FY24), with the company eyeing an even better profit margin in the first half of 2025 (1H25).