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Malaysia's top palm oil producer warns El Nino may hit output

Malaysia's top palm oil producer warns El Nino may hit output

A fall in Malaysia's palm oil production could lift palm oil futures, already trading near their highest level in four months.
Tue Mar 07 2023
Strategy to fight anti-palm oil lobby with Indonesia will put pressure on EU

Strategy to fight anti-palm oil lobby with Indonesia will put pressure on EU

MPOB said the move may be one option that the world's two biggest palm oil producers could undertake to fight the discrimination by the EU.
Sat Jan 14 2023
Palm oil prices seen ticking up as rains slash output and demand strengthens

Palm oil prices seen ticking up as rains slash output and demand strengthens

Higher exports and lower production would help major palm oil producers Indonesia and Malaysia bring down inventories.
Tue Oct 25 2022
Petronas: Gumusut-Kakap deepwater field achieves first oil production

Petronas: Gumusut-Kakap deepwater field achieves first oil production

Two new oil producer wells and two water injector wells were drilled.
Mon Oct 03 2022
Indonesia removes palm oil export levy until Aug. 31

Indonesia removes palm oil export levy until Aug. 31

Indonesian palm oil producers have been struggling with high inventories since the country imposed a three-week export ban through to May 23.
Mon Jul 18 2022
Malaysia says WTO agreed to establish panel to examine EU palm oil rules

Malaysia says WTO agreed to establish panel to examine EU palm oil rules

Palm oil producers say some EU member states have started to phase it out ahead of the deadline.
Mon May 31 2021
Malaysian palm oil producer FGV jumps near 25 pct after surviving Felda's bid

Malaysian palm oil producer FGV jumps near 25 pct after surviving Felda's bid

FGV's stock jumped 24.6 pct in early trade, its largest intraday jump since Sept. 14, 2015.
Tue Mar 16 2021
Malaysia palm oil producers look to prisons, rehab centres to solve labour crunch

Malaysia palm oil producers look to prisons, rehab centres to solve labour crunch

Planters in the world's second-largest producer have in recent months embarked on rare recruitment drives to hire locals to do everything.
Wed Sep 09 2020
India to remain palm oil buyer for now, but Malaysia must not be complacent

India to remain palm oil buyer for now, but Malaysia must not be complacent

India will remain the main export destination for the world's top largest palm oil producers -- Indonesia and Malaysia, for the foreseeable future.
Fri Jul 24 2020
Petition: SDP raises concerns over serious allegations

Petition: SDP raises concerns over serious allegations

SDP said the allegations were serious and against the commitments that the palm oil producer has publicly made.
Wed Jul 08 2020
Malaysian palm oil producers step up perks to retain foreign workers amid pandemic

Malaysian palm oil producers step up perks to retain foreign workers amid pandemic

The pandemic is exacerbating a labour shortage in the palm oil industry, which is heavily reliant on foreign workers
Wed Jun 24 2020
Oklahoma asks Trump to declare coronavirus an 'act of God' to help oil producers

Oklahoma asks Trump to declare coronavirus an 'act of God' to help oil producers

Declaring a "force majeure" or "act of God" would allow oil companies to halt operations without risking that land leases will be canceled.
Mon Apr 27 2020
Crude oil prices expected to remain low

Crude oil prices expected to remain low

MIDF Research said shale oil producers in the United States are not expected to limit their production despite weakness in global crude oil prices.
Thu Nov 26 2015
Oil prices mixed after Saudi king's death

Oil prices mixed after Saudi king's death

Oil prices traded narrowly mixed Friday after the death of the king of Saudi Arabia, OPEC's largest oil producer.
Sat Jan 24 2015
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
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