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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
A burning issue for palm oil sector
THE recent improvement in crude palm oil (CPO) prices to the RM1,300 atonne level, from a 17-year low of just under RM700 in February, hasrendered the initiative to use the commodity as fuel for power generationnot only unnecessary, but also non-viable.
Bullish export data for CPO fail to excite investo
BULLISH export data for Malaysia's crude palm oil (CPO) failed to attractinvestors' interest in plantation counters yesterday as players were takenaback by the sharp decline in CPO prices in both spot and futures markets,analysts say.
Cess collection to fund CPO burning project resear
CESS collected to support the crude palm oil (CPO) burning project,amounting to RM1.2 million, will go to the Malaysian Palm Oil Board (MPOB)to finance the ongoing research and development (R and D) of the project.
Indon firm files US$26m suit against Guthrie
A LEGAL claim for US$25.76 million (US$1 = RM3.80) has been filed againstKumpulan Guthrie Bhd by Indonesia's P.T. Adhiyasa Saranamas which isalleging breach of contract by the Malaysian company.
No more measly wages for estate workers
IPOH - The deal on the minimum wages for rubber tappers and generalworkers in estates is expected to be sealed before year end and will beimplemented early next year.
CPO Production Down 3 Pct To 897,063 Tonnes In Jul
KUALA LUMPUR, Aug 13 (Bernama) -- Malaysia's total crude palm oil (CPO)production in July declined 3.01 percent or 27,792 tonnes to RM897,063tonnes from 924,855 tonnnes in June, according to the preliminary figuresreleased by Malaysian Palm Oil Board (MPOB).
Indian Edible Oil Imports Start To Rise With Festi
NEW DELHI, Aug 13 (Bernama) -- With the festive season in India fastapproaching, the demand for edible oil has started to increase.
Poor Palm Oil Incomes A Blessing For Some Felda Fa
KUALA LUMPUR, Aug 12 (Bernama) -- The Felda settlers of Jengka 15 in theMaran district of Pahang had depended on their oil palms aka the "goldentree" for their livelihood for about 25 years but poor prices and fallingoutput two years ago had taken a toll on their incomes.
Ample money for 2002 Budget
Four consecutive years of fiscal deficit does not seem to hindergovernment spending. Aided by higher palm oil and petroleum prices,domestic liquidity remains ample to finance future government expenditureunder the forthcoming 2002 Budget.