Latest News

MARKET DEVELOPMENT
12-09-2022

Palm Oil Industrial Cluster in Lahad Datu perfectly placed as regional logistics hub, says Ongkili

11/09/2022 (The Star Online), Kota Kinabalu - The Palm Oil Industrial Cluster (POIC) in Lahad Datu, which is strategically located in the East Asean region, will drive the growth of the industry locally and put the district on the world map, says Datuk Seri Dr Maximus Ongkili.

MARKET DEVELOPMENT
12-09-2022

Malaysian palm oil climbs

11/09/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures closed higher on Friday after tumbling to a 14-month closing low in the previous session, although the contract logged a second straight weekly drop.

MARKET DEVELOPMENT
12-09-2022

Three companies sign deals with Palm Oil Industrial Cluster Lahad Datu

10/09/2022 (Daily Express), Kota Kinabalu - Investors are sharing POIC Sabahâ€™s vision of Lahad Datu becoming a growth catalyst and its growing importance in East Asean, said POIC Sabah Chief Executive Officer Datuk Fredian Gan.

MARKET DEVELOPMENT
12-09-2022

Labor dearth set up Malaysia for 3rd year of palm oil losses

12/09/2022 (Business World Online), Kuala Lumpur - Malaysian palm oil planters are letting thousands of tons of fruits rot as the third year of a worker shortage has left companies unable to increase their harvesting during the peak production season.

MARKET DEVELOPMENT
12-09-2022

Art of diplomacy key to biodiversity conservation

12/09/2022 (New Straits Times) - Many may not be aware that biodiversity is a critical element in the jigsaw puzzle of life.

MARKET DEVELOPMENT
12-09-2022

CPO futures likely to trade on a slightly upward bias next week

10/09/2022 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are expected to trade on a slightly upward bias next week, said a dealer.

MARKET DEVELOPMENT
12-09-2022

CPO futures close higher, tracking gains in soybean oil

09/09/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended the week mostly higher on the back of stronger soybean oil prices during Asian hours, a dealer said.

MARKET DEVELOPMENT
12-09-2022

Minister presses for public assistance to drive palm industry's growth

09/09/2022 (Antara News), Jakarta - Coordinating Minister for Economic Affairs Airlangga Hartarto urged one and all to assist the government in making the palm oil industry a strategic sector.

OILS & FATS
12-09-2022

Palm Oil Industrial Cluster in Lahad Datu perfectly placed as regional logistics hub, says Ongkili

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