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MARKET DEVELOPMENT  
  27-05-2019

Poisonous palm oil was main item found at beach clean-up

Palm oil, which is deadly to dogs, was the major offending item found by a team of around 50 volunteers during a beach clean at Sea Palling.

MARKET DEVELOPMENT  
  27-05-2019

M’sia committed to role as biofuel tech player

As one the world’s major palm oil producers, Malaysia will continue to play a key role in ensuring that the commodity remains a sustainable and eco-friendly fuel replacement for world markets.

MARKET DEVELOPMENT  
  27-05-2019

US-China trade tensions heighten with Huawei ban

Last Monday, the US Commerce Department announced it has granted a 90-day license for mobile phone companies and internet broadband providers working with Huawei to keep existing networks online and protect users from security risks.

MARKET DEVELOPMENT  
  27-05-2019

RI eyes Japanese technology that converts palm oil waste into valuable products

Coordinating Economic Minister Darmin Nasution has welcomed the adoption of Japanese technology that can convert liquid palm oil waste, known as palm oil mill effluent (POME), into valuable products such docosahexaenoic acid (DHA), an omega-3 fatty acid, and animal feed.

MARKET DEVELOPMENT  
  27-05-2019

Felcra to rebuild its cash position

Felcra Bhd is currently reviewing several options, including a proposed bond issuance and an outright sale of non-performing assets, to rebuild its depleting cash position

MARKET DEVELOPMENT  
  24-05-2019

Palm oil extends losses on EU rule, weaker soyoil

NEW DELHI: Crude palm oil (CPO) prices dropped for a second day as the market was pressured by lower soybean oil prices as well as the European Union’s publication of limits on the use of the tropical oil in biofuels that will start next month.

MARKET DEVELOPMENT  
  24-05-2019

Malaysia will continue to promote palm oil in Europe — Teresa

KUALA LUMPUR (May 23): The Primary industries Ministry will hold a meeting with members of the European Parliament and European Council in October in its mission to promote the country's palm oil, said its Minister Teresa Kok.

MARKET DEVELOPMENT  
  24-05-2019

Palm oil price to improve, says minister

KUALA LUMPUR: Primary Industries Minister Teresa Kok is optimistic that the palm oil price will improve in the coming months.

MARKET DEVELOPMENT  
  24-05-2019

Sabah postpones charging of assessment on palm oil plants

KUDAT (May 23): The Sabah Government has postponed with immediate effect the charging of assessment on palm oil processing plants, including those that plan to invest in the State.

MARKET DEVELOPMENT  
  24-05-2019

Palm falls over 1% to one-week low on weaker related oils

KUALA LUMPUR (May 23): Malaysian palm oil futures fell more than 1% during the first half of trade on Thursday, hitting their lowest levels in a week, tracking weakness in related edible oils.

MARKET DEVELOPMENT  
  24-05-2019

Sime Darby Plantation expects no drop in palm oil imports from India

KUALA LUMPUR (May 23): Sime Darby Plantation Bhd (SDP), the world's largest palm oil plantation company by planted area, does not foresee India reducing palm oil imports from Malaysia despite a report saying it might trim some overseas orders.

MARKET DEVELOPMENT  
  24-05-2019

Sime Darby Oils — the rebranding of downstream businesses

On March 4, Sime Darby Plantation Bhd, the world’s largest palm oil plantation company by planted acreage, decided to amalgamate all its downstream assets globally into a rebranded entity, named Sime Darby Oils (SDO).