7d ago
KUALA LUMPUR, June 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) is raising its calendar year 2026 (CY2026) crude palm oil (CPO) price forecast by four per cent to RM4,400 per tonne from RM4,250 per tonne, citing the El Niño phenomenon.
9d ago
KUALA LUMPUR, June 10 (Bernama) -- Malaysia’s palm oil stock rose 5.15 per cent or 118,891 tonnes, to 2.42 million tonnes in May 2026 from 2.30 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).
29d ago
KUALA LUMPUR, May 21 (Bernama) -- TH Plantations Bhd’s net profit eased by 9.49 per cent to RM11.62 million in the first quarter ended March 31, 2026 (1Q 2026) compared with RM12.84 million in the same period last year.
1m ago
KUALA LUMPUR, May 18 (Bernama) -- Kuala Lumpur Kepong Bhd (KLK) posted a higher net profit of RM294.04 million in the second quarter ended March 31, 2026 (2Q 2026) from RM154.26 million in the same quarter of FY2025.
1m ago
KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s palm oil stocks rose 1.71 per cent, or 38,900 tonnes, to 2.30 million tonnes in April 2026 from 2.27 million a month earlier, according to the Malaysian Palm Oil Board (MPOB).
3m ago
KUALA LUMPUR, March 10 (Bernama) -- Malaysia’s palm oil stocks dropped 3.94 per cent or 111,062 tonnes to 2.7 million tonnes in February 2026 from 2.82 million tonnes a month earlier, according to Malaysian Palm Oil Board (MPOB).
3m ago
KUALA LUMPUR, Feb 26 (Bernama) -- TH Plantations Bhd’s (THP) net profit increased to RM107.49 million for the financial year ended Dec 31, 2025 (FY2025) from RM75.17 million in the preceding year.
3m ago
KUALA LUMPUR, Feb 26 (Bernama) -- Genting Bhd posted a net loss of RM11.56 million in the financial year ended Dec 31, 2025 (FY2025) compared to a net profit of RM882.95 million in the previous financial year.
4m ago
KUANTAN, Feb 10 (Bernama) -- Bio Eneco Sdn Bhd’s latest biomass processing facility in Gebeng is capable of processing up to 20,000 metric tonnes of palm oil waste per month, with the output targeted for export to Japan, Thailand, and the Philippines.
4m ago
KUALA LUMPUR, Feb 5 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is maintaining its crude palm oil (CPO) price assumption of RM4,200 per metric tonne (mt) and earnings forecasts for 2026 for now, pending a review following Indonesia’s recent move to delay the implementation of its B50 mandate.
6m ago
KUALA LUMPUR, Dec 10 (Bernama) -- Malaysia’s crude palm oil (CPO) production slid 5.30 per cent month-on-month (m-o-m) to 1.94 million tonnes in November 2025 from 2.04 million tonnes in October 2025, according to the Malaysian Palm Oil Board (MPOB).
6m ago
GENTING HIGHLANDS, Dec 5 (Bernama) -- The palm oil sector could be a major contributor towards Malaysia’s goal of achieving net-zero emissions by 2050, rather than a liability, as mature oil palm plantations sequester substantial amounts of carbon dioxide (CO2).