Berita Arkib
24-02-2023
Hap Seng Plantations net profit declines 6pc
Kuala Lumpur: Hap Seng Plantations Holdings Bhd’s net profit for the financial year ended Dec 31, 2022 (FY2022) fell six per cent to RM210.31 million from RM224.02 million in the same period for FY2021.
24-02-2023
Salahuddin Ayub: No shortage of subsidised cooking oil in the market
KUALA LUMPUR: There is no shortage of subsidised cooking oil packets, says Datuk Seri Salahuddin Ayub.
23-02-2023
Malaysia keeps March crude palm oil export duty at 8%
22/02/2023 (The Star Online), Kuala Lumpur - Malaysia has maintained its March export tax for crude palm oil at 8% and lowered the reference price, a circular on the Malaysian Palm Oil Board website showed on Wednesday.
23-02-2023
Genting Plantations expects palm oil prices to be supported by higher demand
22/02/2023 (The Star Online), Kuala Lumpur - Genting Plantations Bhd’s prospects for 2023 will track the performance of its plantation segment, which in turn depends on the movements in palm products prices and its fresh fruit bunches (FFB) production.
23-02-2023
Hap Seng Plantations FY22 net profit down 6% to RM210.31mil
22/02/2023 (The Star Online), Kuala Lumpur - Hap Seng Plantations Holdings Bhd’s net profit for the financial year ended Dec 31, 2022 (FY2022) fell six per cent to RM210.31 million from RM224.02 million in the same period for FY2021.
23-02-2023
Arawana’s profit falls a second year as costlier commodities erode margins at China’s largest cooking oil processor
22/02/2023 (South China Morning Post) - Yihai Kerry Arawana Holdings said its profit declined for the second year, as higher material costs stoked by the Russia-Ukraine war undermined margins at China’s biggest cooking oil processor.
23-02-2023
RM446m channelled to rubber smallholders under IPG Scheme since 2015: Fadillah
22/02/2023 (The Sun Daily), Kuala Lumpur - The Federal Government has channelled RM446 million to 207,128 rubber smallholders nationwide through the Rubber Production Incentive (IPG) scheme from September 2015 to Dec 31, 2022, said Deputy Prime Minister Datuk Seri Fadillah Yusof .
23-02-2023
China recovery to offset tepid global demand
22/02/2023 (The Star Online), Petaling Jaya - Malaysia’s exports are expected to see slower growth amid a weaker global economy this year.
23-02-2023
Soybeans Slip Lower On Wednesday
23/02/2023 (Barchart) - Soybeans were down ¼ to 9 ¼ cents out to the summer 2024 contracts, with a few deferred contracts beyond that up ¼ to 2 ¾ cents. Meal was $3.20 to 5.10 lower in the front months, to add pressure to the complex. Soy oil was up 5 to 10 points in the front months.
22-02-2023
Palm Oil Producers Only Reach 43.56 Percent of DMO Target
21/02/2023 (Tempo.Co), Jakarta - The Indonesian Trade Ministry’s acting director general of domestic trade, Kasan, said the oil palm domestic obligation market (DMO) realization had only reached half of the target. The government has increased the palm oil DMO to 450,000 tons to produce cooking oil sold in bulk and under the Minyakita brand.
22-02-2023
KPPU Talks About Hoarding of Cooking Oil Minyakita, Shortage in Markets
21/02/2023 (Tempo.co) - The Business Competition Supervisory Commission (KPPU) chairperson M Afif Hasbullah revealed a number of findings of hoarding of bulk cooking oil in simple packaging dubbed Minyakita reaching hundreds of tons.
22-02-2023
Palm oil gains for second week on weaker ringgit
20/02/2023 (Business Recorder), Jakarta - Malaysian palm oil futures hit their highest close in more than six weeks on Friday and posted a second straight weekly gain, supported by stronger rival edible oils on the Dalian exchange and a weaker ringgit.