Berita Arkib

Global tree cover loss data for 2018 aren't in yet, but most observers agree the picture remains mixed, at best. While some countries appear to be slowing deforestation, others – including, notably, Brazil – are now accelerating the conversion of rainforests to farmland.

Maintain sell with a target price (TP) of RM4.25: Excluding the forex impact and other non-core items, IOI Corp’s first half of financial year 2019 (1HFY19) core net profit decreased by 27.2% y-o-y to RM386.3 million, accounting for 40% of our and consensus full-year estimate. Higher contribution from the manufacturing division failed to offset a lower contribution from the plantation division. We deem the results are within expectations as we expect a stronger 2H earnings underpinned by higher crude palm oil (CPO) price.

Want a unique way to spend your holiday in Malaysia? How about traipsing around some controversial palm oil plantations.

KOTA KINABALU: The logistics potential of Sabah’s east coast was presented to an international audience in Manila this week as part of the state’s move towards wider and deeper industrialization.

KUALA LUMPUR: The palm oil sector needs to mechanise and automate further to raise productivity, said Dr Shariman Alwani, who is head of strategy, innovation and renewables at Sime Darby Plantation Bhd.

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Feb 21

Prime Minister Theresa May will hold bilateral meetings with European Union leaders at an EU-League of Arab States summit in Egypt at the weekend, a senior UK government official said on Wednesday.

The indigenous oil palm smallholders in Sarawak are seeing some light at the end of the tunnel with positive response shown by the French government to Malaysia’s appeal for better understanding on its palm oil industry.

"Despite the lower-than-expected results due to a sharp decline in CPO prices during Oct-Dec period, we keep our numbers unchanged as we see a potential catch-up in 2H following the recent strong recovery in CPO prices," said PublicInvest

China will deepen reforms of its agriculture sector to promote its rural economy, the government said in its first policy statement of 2019, as it seeks to bolster growth and offset trade challenges.

The latest trade agreements between Singapore and European Union could help boost the city-state’s slowing base chemical and plastic shipments to the trade bloc, but competition from other regions would put a lid to polymer imports from the southeast Asian nation

Malaysian palm oil futures fell to a one-month low on Wednesday with traders expecting a slower than forecast decline in February output.