4m ago
KUALA LUMPUR, Aug 26 (Bernama) -- The need for a new market mechanism to support palm biomass processing as a commercial product may be considered in the future, according to the Ministry of Plantation and Commodities (KPK).
4m ago
KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is submitting a request to the Ministry of Finance (MOF) for crude palm kernel oil (CPKO) and palm kernel olein to be exempted from the Sales and Services Tax (SST), both of which currently taxed at a rate of five per cent.
4m ago
KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia’s global leadership in rubber glove exports during the 13th Malaysia Plan (13MP) period hinges on a sustained emphasis on high-value manufacturing, digitalisation, sustainability and labour market reforms.
4m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Aug 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, weighed down by losses in soybean oil on the Chicago Board of Trade (CBOT), a trader said.
4m ago
KUALA LUMPUR, Aug 25 (Bernama) -- TH Plantations Bhd’s (THP) net profit rose to RM11.79 million in the second quarter ended June 30, 2025 (2Q 2025) from RM10.41 million in the same period last year.
4m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 24 (Bernama) -- Malaysia’s palm oil industry is expected to stay bullish in the near term, supported by stronger exports and easing inventories, Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa said.
4m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Aug 23 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a slight bearish bias amid the recent sharp price rally that may deter further buying, a trader said.
4m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Aug 22 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday following gains in the soybean oil market, a trader said.
4m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Aug 21 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, tracking the weakness in soybean oil on the Chicago Board of Trade (CBOT), a trader said.
4m ago
KUALA LUMPUR, Aug 21 (Bernama) -- An allocation of RM1.4 billion under the Smallholder Oil Palm Replanting Financing Incentive Scheme (TSPKS 2.0), applied for by the Ministry of Plantation and Commodities (KPK) for five years, is targeted to cover oil palm replanting across 82,979 hectares (ha).
4m ago
KOTA KINABALU, Aug 21 (Bernama) – Over 30,000 smallholders in Sabah, covering more than 191,000 hectares, have achieved the Malaysian Sustainable Palm Oil (MSPO) certification as of April 2025, said Chief Minister Datuk Seri Hajiji Noor.
4m ago
KUALA LUMPUR, Aug 20 (Bernama) -- The Ministry of Plantation and Commodities (KPK) expects the direct impact of the United States (US) market restrictions on the Malaysian palm oil industry to be minimal.