7m ago
KUALA LUMPUR, April 29 (Bernama) -- Crude palm oil (CPO) prices are expected to average at RM4,200 per tonne in 2025 due to a high price premium enjoyed by palm oil over soyabean oil in the first quarter of 2025 (1Q 2025), said Kenanga Investment Bank Bhd (Kenanga Research).
8m ago
KUALA LUMPUR, April 18 (Bernama) -- Industry stakeholders have urged stronger collaboration and more coherent policy direction to accelerate the use of oil palm biomass in supporting Malaysia’s low-carbon goals.
8m ago
KUALA LUMPUR, April 10 (Bernama) -- Malaysia’s palm oil exports rose 0.91 per cent in March 2025 to 1.00 million tonnes from 996,460 tonnes in February, the Malaysian Palm Oil Board (MPOB) said.
9m ago
KUALA LUMPUR, March 10 (Bernama) -- Malaysia’s palm oil exports in February 2025 eased by 16.27 per cent to 1.00 million tonnes from 1.19 million tonnes in January 2025, said the Malaysian Palm Oil Board (MPOB).
9m ago
KUALA LUMPUR, Feb 28 (Bernama) -- TH Plantations Bhd (THP) posted a higher net profit of RM75.18 million in the financial year ended Dec 31, 2024 (FY2024), versus RM46.62 million in the previous year, on the back of an increase in operating profit.
10m ago
KUALA LUMPUR, Feb 25 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit fell by two-thirds to RM111.1 million in the second quarter ended Dec 31, 2024 (2Q FY2025) from RM335.4 million in the year-ago quarter despite a stronger contribution from the plantation segment.
10m ago
KUALA LUMPUR, Feb 24 (Bernama) -- Malaysia and China will further strengthen collaboration in palm oil supply chains, technological innovation, and market expansion this year, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.
10m ago
KUALA LUMPUR, Feb 17 (Bernama) -- Johor Plantations Group Bhd (JPG) recorded a higher net profit of RM257.32 million for the financial year ended Dec 31, 2024 (FY2024), up from RM167.31 million a year ago.
10m ago
KUALA LUMPUR, Feb 10 (Bernama) -- Malaysia’s palm oil exports in January 2025 slipped 12.94 per cent to 1.17 million tonnes from 1.34 million tonnes in December 2024, according to the Malaysian Palm Oil Board (MPOB).
11m ago
KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s palm oil exports in December 2024 fell 9.97 per cent to 1.34 million tonnes from 1.49 million tonnes in the preceding month, according to the Malaysian Palm Oil Board (MPOB).
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia is inviting China's palm oil companies to explore opportunities in the domestic industry.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- Palm oil’s versatility, nutrient profile, and sustainable potential make it an essential yet often underappreciated resource, according to two academicians from the United States.