Archived News

Johor Corporation (JCorp) has recorded higher revenue of RM5.616 billion for the financial year ended Dec 31, 2018, compared with RM5.564 billion posted a year earlier.

GEORGE TOWN: Hotel industry players should help promote palm oil at their establishments to boost the "Love My Palm Oil" campaign.

JAKARTA: Indonesia on Thursday began testing biodiesel with a bio-content of 30% in cars, its energy ministry said, as the Southeast Asian nation pushes to boost local markets for its vast palm oil crop.

GEORGE TOWN: The government has set up a committee – comprising four ministries – to come up with a mechanism to control the price of biodiesel containing 20% bio-content (B20) palm oil to boost domestic usage, says Primary Industries Minister Teresa Kok (pic).

KUALA LUMPUR: The declining palm oil stock at 2.45 million tonnes for end-May is supportive of the near-term crude palm oil (CPO) prices, says CGSCIMB in its latest agribusiness report.

The Federal government has formed a special joint committee headed by the Ministry of Primary Industries to monitor and ensure that the implementation of the B20 biodiesel fuel next year will proceed smoothly.

GEORGE TOWN: The federal government has formed a special joint committee to ensure that crude palm oil (CPO) prices will remain stable when Malaysia introduces B20 biodiesel fuel next year.

KUALA LUMPUR/JAKARTA (June 13): Malaysian palm oil futures jumped more than 2% on Thursday, supported by overnight gains in U.S. soyoil on the Chicago Board of Trade (CBOT).

Malaysian analysts foresee a recovery for crude palm oil (CPO) prices in the second half on the back of stronger demand from China and India.

KUALA LUMPUR: Malaysian palm oil futures fell by more than 2% on Wednesday to hit their lowest levels in a month, triggered by weakness in U.S. soyoil prices on the Chicago Board of Trade.

KUALA LUMPUR: Malaysian palm oil stockpiles fell to a 10-month low at end-May, according to official data on Wednesday, extending monthly falls since March, as export gains outpaced an unexpected rise in production.

MALAYSIA’S very own trade war is in fighting the Western anti-palm oil campaign, and we fight them abroad and at home. At the home front, the Love MY Palm Oil campaign attempts to create awareness and educate the people on the health benefits of palm oil that is rich in beta-carotene and good quality vitamin E, but the effort is not enough. Victory at home can only be determined when the imported canola, soya and corn oils that are currently gaining preference status be relegated and driven from the shelves of retail outlets.