Archived News
16-07-2019
Palm hits over 1-week high on firmer US grains
Malaysian palm oil futures climbed on Monday to their highest in more than a week, tracking strength in US grains on the Chicago Board of Trade (CBOT) and related edible oils on China's Dalian Commodity Exchange.
16-07-2019
Malaysia to challenge EU’s plan to phase out biofuel
Malaysia will bring a World Trade Organisation (WTO) challenge against the European Union (EU) over its plans to phase out palm biofuel.
16-07-2019
Sultan Nazrin: New technologies crucial for oil palm sector
The application of new technological advances and other innovations associated with the Fourth Industrial Revolution, which offer a tremendous potential to boost productivity, is significantly lagging in the oil palm sector.
16-07-2019
Pupils' conga line promotes Sustainable Palm Oil Town campaign at Neston Market
Year 6 pupils of Woodfall Primary and Nursery School took part in a flash mob conga at Neston Market as part of their project to make Neston and Parkgate the World’s first Sustainable Palm Oil Town.
15-07-2019
MSPO-certified palm oil for Japan
Malaysian Sustainable Palm Oil (MSPO)-certified palm oil produced is capable of penetrating the Japanese market, especially in view of the upcoming 2020 Olympic Games in Tokyo, according to Deputy Primary Industries Minister Datuk Seri Shamsul Iskandar Mohd Akin.
15-07-2019
Capturing Malaysia’s transformation
Malaysia’s tremendous social and economic transformation journey since the 1847 Pangkor Treaty has been captured in Sultan of Perak Sultan Nazrin Muizzuddin Shah’s latest book.
15-07-2019
CPO futures to trade in yo-yo mode next week
Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are likely to trade in a yo-yo mode next week, mainly due to worries over the global economic slowdown, a dealer said.
15-07-2019
Higher palm oil output seen offset by stronger exports
Malaysia’s palm oil stocks fell 1% month-on-month (m-o-m) (+11% year-on-year [y-o-y]) to an 11-month low of 2.42 million tonnes as at end-June 2019.
15-07-2019
EU biofuel policy faces palm oil backlash from Indonesia
Indonesia’s newly re-elected president, Joko Widodo, has vowed to fight the European Union over plans to restrict the use of palm oil in biofuels.
15-07-2019
Country’s export rises by 19.2 pc
The contribution of exports in the country’s foreign trade reached 6.3 per cent in the first 11 months of this fiscal, up19.2 per cent compared to the same period of last fiscal.
15-07-2019
On a Philippine island, indigenous groups take the fight to big palm oil
Many Palawan indigenous communities say they have suffered unfair land acquisition or lease arrangements for oil palm plantations. The situation hit a peak around 2007, when palm oil company Agumil Philippines promoted palm oil around the island as a miracle get-rich-quick crop.
15-07-2019
Indonesia vows to fight EU over palm oil limits
Indonesia’s president, Joko Widodo, has vowed to fight the European Union over plans to restrict the use of palm oil in biofuels as the bloc looks to limit the materials that can be regarded as renewable energy sources