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The Planters’ Association of Ceylon (PA) advocating the cultivation of oil palm for its multiple benefits to the economy rebuffed myths around the highly lucrative commercial crop which traces its roots in the county to the late 1960s.

The plunge in regional bellwether Singapore’s non-oil domestic exports by 17.3% year-on-year (y-o-y) in June, weighed down by both electronic and non-electronic products as the US-China trade war continued, was a negative surprise. Malaysia, which is less reliant on exports than Singapore, is expected to fare better.

AMERICAN jobless claims fell to 206,000 in the week ended July 20 with data signalling strong employment market. US gross domestic product (GDP) for the second quarter (2Q) grew 2.1 per cent, beating forecast, compared with 3.1 per cent gains recorded in 1Q.

The State Forestry Department must take every effort to prove to the people that claims about widespread illegal logging activities in several districts are not true, said Chief Minister Datuk Seri Shafie Apdal.

More than once, Tun Dr Mahathir Mohamad mentioned in his official visit to Turkey this week that the last time he was here in a similar capacity was around two decades ago.

Three Singapore-based companies were among the highest-earning companies globally last year, according to Fortune magazine's annual Global 500 list announced this week.

"It's the eye of the tiger, it's the thrill of the fight," cries the soundtrack in the inspirational moments of films, but now more than ever the tigers themselves need someone fighting for them.

KUALA LUMPUR:Malaysian palm oil futures jumped more than 1% on Thursday evening to hit near two-month highs, extending gains on stronger U.S. soyoil on the Chicago Board of Trade (CBOT) and short covering.

KUALA LUMPUR: Malaysia's biodiesel production and exports are set to hit record levels this year as low palm oil prices increase the appeal of blending to make biofuels, the head of an industry association told Reuters on Thursday.

BRUSSELS/PARIS/JAKARTA: The European Commission has proposed duties ranging from 8% to 18% on imports of biodiesel from Indonesia to counter what it says are unfair subsidies, the latest twist in a case that has lasted seven years.

KUALA LUMPUR: An international green certification body said Indonesian member firm Korindo Group breached its rules on clearing forests to grow oil palm but would not be expelled after a two-year probe.

SINGAPORE (July 26): Palm oil may extend its gains into a range of RM2,076-2,083 per tonne, driven by a powerful wave c.