Berita Arkib

01/02/2023 (Economic Times) - The cooking oil industry is disappointed as the budget did not accept the demand of the industry to launch a National Mission on Edible Oils. No announcement about import duty on refined palm oil to restrict its import was also a disappointment for the industry.

02/02/2023 (New Straits Times), Kuala Lumpur - The Ministry of Plantation and Commodities will look at research and development (R&D) and marketing Malaysia's products internationally in the re-tabling of Budget 2023 on February 24, said Deputy Prime Minister and Plantation and Commodities Minister Datuk Seri Fadillah Yusof.

31/01/2023 (The Star Online), Kuala Lumpur - While economists are positive on the impact of the easing of China’s zero-Covid restrictions on the Malaysian economy, fund managers believe investor sentiment on the Bursa Malaysia will be driven by domestic factors and relative valuations.

02/02/2023 (New Straits Times) - LETTER: IT was in the early 1990s when it became clear that trans fat was the real culprit behind the rise in cardiovascular diseases around the world. Prior to that, saturated fats were always the bad boy.

01/02/2023 (PR Newswire) - Palm oil is a constituent of many diets worldwide and has other uses. Aside from its widespread use in foods and cosmetics, palm oil is being explored as a potential source of biofuel. Global palm oil demand is expected to soar with increased demands from India, China, Europe, and African countries. Being a tropical crop, the global shortage of palm oil managed to maintain the prices soared up. Also, the global palm oil prices and supply are highly impacted by Indonesia's palm oil trade policy, which has been dynamic in the past months.

BANGI, Jan 31 — Malaysia will continue to collaborate with Indonesia to counter the European Union’s (EU) criticism against palm oil, said Deputy Prime Minister and Plantation and Commodities Minister Datuk Seri Fadillah Yusof.

JAKARTA – The Indonesian Palm Oil Association (GAPKI) expects last year’s decline in palm oil exports, which has been attributed to a volatile regulatory environment and disrupted output, to continue this year.

KUALA LUMPUR: Malaysian palm oil futures on Monday closed at their highest in nearly three weeks on concerns over output, following flooding in the world’s second largest producer.

JAKARTA, Jan 31 (Reuters) - Indonesia's chief economic minister on Tuesday assured no disruption in domestic cooking availability when a higher blend of palm oil-based fuel in biodiesel is launched on Feb. 1, seeking to allay concerns over supply and prices.

SINGAPORE: Palm oil may test a support at 3,888 ringgit per tonne, a break below could open the way towards 3,796 ringgit. The current bounce is expected to be much weaker than the first one from the Dec. 12, 2022 low of 3,721 ringgit.

BANGI: The Advanced Biotechnology and Breeding Centre (ABBC) of the Malaysian Palm Oil Board (MPOB) has been announced as the Mahathir Science Award 2022 recipient under the category of Tropical Natural Resources.

KUALA LUMPUR (Jan 31): Kuala Lumpur Kepong Bhd (KLK) and IOI Corp Bhd are among the plantation companies that should be able to recognise better crude palm oil (CPO) prices than their peers for the fourth quarter of 2022 (4Q2022), as they undertook more aggressive forward-selling activities, according to RHB Investment Bank Bhd.