Archived News
15-05-2019
Trade war appears to be driven more by sentiment
Stock volatility in response to the US-China trade war appears more sentiment-driven than fundamental.
15-05-2019
Golden Agri's Q1 net profit rises 54.5% on one-off gain
A one-off gain gave earnings a healthy bump at Golden Agri-Resources in the first quarter, it reported yesterday.
15-05-2019
Various initiatives taken to promote palm oil exports
The Primary Industries Ministry has taken various efforts to expand the palm oil market overseas, including holding monthly delegation visits to countries identified as potential buyers of the commodity.
15-05-2019
Germany won't ban Malaysian palm oil
The German Ambassador to Malaysia Nikolaus Graf Lambsdorff has assured that his country will not ban palm oil trade from Malaysia
15-05-2019
Malaysia keeps June crude palm oil export duty at zero percent
Malaysia kept its export duty on crude palm oil for June unchanged at zero percent, according to a circular on the Malaysian Palm Oil Board's website on Tuesday, citing the national customs department.
15-05-2019
State revenue grows slowly as commodity prices stagnate
The government has been urged to find ways to increase state revenue, which grew only 4.9 percent year-on-year (yoy) in the first quarter, much lower than the 12.6 percent growth in the corresponding period last year.
15-05-2019
CPO futures higher at the close
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher for the second consecutive day on the back of a weaker ringgit against the US dollar, said a dealer.
14-05-2019
Palm edges up, snaps losing streak
Malaysian palm oil futures recovered ground on Monday after earlier hitting a five-and-a-half month low, as industry association data showing shrinking output eased concerns over high inventories and rising production.
14-05-2019
Palm oil price at 6-month low
The falling price of crude palm oil (CPO), which has dropped below RM2,000 a tonne, is hurting planters.
14-05-2019
Oil prices fall with Wall Street on trade war, give back early gains
Oil futures fell on Monday with Wall Street, as the negative turn in the U.S.-Chinese trade talks spooked investors, who had sent oil higher in early trade on concerns about reports of sabotage attacks on tankers in the Middle East that could disrupt supplies
14-05-2019
Sime Darby eyes Latin America to boost palm oil trade
Malaysia's Sime Darby Plantation, the world's largest oil palm planter, is looking to buy refineries in Latin America as it grapples with poor margins and mounting costs at home.
14-05-2019
M’sia to continue working with Indonesia to defend palm oil
Malaysia will continue to work with Indonesia to defend palm oil which is under sabotage by lobbyists in Europe, says Interna¬tional Trade and Industry Minister Datuk Darell Leiking.