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Malaysia’s palm oil exports climb 0.93 pct to 1.54 mln tonnes in September - MPOB

Malaysia’s palm oil exports climb 0.93 pct to 1.54 mln tonnes in September - MPOB

Malaysia's crude palm oil production fell by 3.8 pct, down to 1.82 million tonnes in September 2024 from 1.89 million in August.
Thu Oct 10 2024
Malaysian palm oil stocks up 0.5 pct to 1.75 mln tonnes in May - MPOB

Malaysian palm oil stocks up 0.5 pct to 1.75 mln tonnes in May - MPOB

MPOB said the country's crude palm oil (CPO) stocks rose 1.59 per cent to 979,352 tonnes in May from 964,049 tonnes recorded in April.
Mon Jun 10 2024
India imported 285,829 tonnes of palm oil from Malaysia in April

India imported 285,829 tonnes of palm oil from Malaysia in April

The imports from Malaysia comprised 50,181 tonnes of refined, bleached, and deodorised palmolein and 227,649 tonnes of crude palm oil.
Wed May 15 2024
[COLUMNIST] Are we ready to elevate the quality standard of crude palm oil?

[COLUMNIST] Are we ready to elevate the quality standard of crude palm oil?

The national palm oil extraction rate could potentially be impacted if the recycling of secondary oil to CPO is prohibited.
Mon Apr 01 2024
Malaysia's palm oil stocks fall 4.64 pct to 2.29 mln tonnes in December

Malaysia's palm oil stocks fall 4.64 pct to 2.29 mln tonnes in December

MPOB said crude palm oil (CPO) inventory decreased by 9.43 per cent to 1.20 million tonnes last month from 1.32 million tonnes in November.
Wed Jan 10 2024
Malaysia, Indonesia to discuss CPO benchmark pricing - Fadillah

Malaysia, Indonesia to discuss CPO benchmark pricing - Fadillah

Fadillah said the matter needs to be discussed jointly as Indonesia's plans will affect the entire oil palm industry chain, not just Malaysia.
Thu Jan 26 2023
Cautious sentiment weighs on Bursa Malaysia at the opening

Cautious sentiment weighs on Bursa Malaysia at the opening

Crude palm oil was stagnant at the RM5,090-per-tonne level while Brent crude ended at almost the US$112-per-barrel mark.
Mon Jul 04 2022
Zuraida: Crude palm oil expected to reach RM9,300 per tonne

Zuraida: Crude palm oil expected to reach RM9,300 per tonne

The price of crude palm oil (CPO) is expected to continue to rise at least until the third quarter of this year and is projected to reach RM9,300 a tonne.
Sun Mar 13 2022
Felda settlers can now afford a smile after surge in income - PM Ismail Sabri

Felda settlers can now afford a smile after surge in income - PM Ismail Sabri

Prime Minister Datuk Seri Ismail Sabri Yaakob said Felda settlers are now enjoying much better incomes after crude palm oil (CPO) prices surged to record highs recently.
Wed Mar 09 2022
Consultant charged with deceiving investors of RM1.45 mln

Consultant charged with deceiving investors of RM1.45 mln

A general consultant with the title 'Datuk Seri' was charged in the Sessions Court here today on 11 charges, including deceiving nine investors in connection with crude palm oil investment.
Mon Feb 14 2022
Malaysia keeps Oct crude palm oil export tax at 8 pct

Malaysia keeps Oct crude palm oil export tax at 8 pct

The world's second-largest palm exporter calculated a reference price of 4,472.46 ringgit ($1,068.18) per tonne for October.
Mon Sep 20 2021
October launch seen for new East Malaysian palm oil contract

October launch seen for new East Malaysian palm oil contract

Malaysia's bourse is targeting October to launch its East Malaysian crude palm oil contract.
Tue Aug 17 2021
Cooking oil subsidy mechanism discussions in final stages - Khairuddin

Cooking oil subsidy mechanism discussions in final stages - Khairuddin

Khairuddin said discussions between three relevant ministries included crude palm oil suppliers, wholesalers and other stakeholders.
Wed Jun 23 2021
Malaysia's FGV posts Q1 loss, warns pandemic challenges to persist

Malaysia's FGV posts Q1 loss, warns pandemic challenges to persist

The better performance was due to improvements in all business sectors and was boosted by higher crude palm oil prices.
Fri May 28 2021
Malaysia's Sime Darby Plantation Q1 profit rises, expects palm prices to ease

Malaysia's Sime Darby Plantation Q1 profit rises, expects palm prices to ease

Sime Darby also said crude palm oil price in the first quarter was driven primarily by record high prices of substitute oils.
Thu May 20 2021
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth

Putin says BRICS will generate most of global economic growth

Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024