6m ago
KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
6m ago
KOTA KINABALU, June 10 (Bernama) -- The government has disbursed over RM1.62 million in assistance to 21 independent oil palm smallholders in Sabah’s interior regions, covering 90.32 hectares for replanting purposes.
7m ago
KUALA LUMPUR, May 23 (Bernama) -- TH Plantations Bhd’s (THP) net profit slid to RM12.85 million in the first quarter ended March 31, 2025 (1Q 2025) from RM13.04 million in the same quarter last year.
7m ago
PUTRAJAYA, May 2 (Bernama) -- The Malaysian Palm Oil Board (MPOB) is committed to continue leading the development of the country's oil palm industry towards a smarter, more sustainable and competitive one, in line with the national agenda of empowering the green economy and digitalisation.
8m ago
KUALA LUMPUR, April 11 (Bernama) -- The Malaysian Palm Oil Board (MPOB), in collaboration with the Sustainable Oil Palm Growers Cooperative (KPSM) Sugut Paitan, Sabah, has introduced a pilot project under the Excavator Grant Scheme to help smallholders boost productivity.
8m ago
TAWAU, April 10 (Bernama) -- The new tariff rates proposed by the United States for 90 countries, including Malaysia, on April 2 are not expected to significantly impact the prices of the country’s export commodities, especially palm oil.
9m ago
KUALA LUMPUR, 12 Mac (Bernama) -- The Ministry of Plantation and Commodities (KPK) is urging oil palm plantation owners and companies to plan for replanting in order to sustain productivity with mature trees that provide optimal fresh fruit bunches (FFB) yields.
10m 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 27 (Bernama) -- The Ministry of Plantation and Commodities expects the RM100 million assistance for the palm oil replanting programme to be fully utilised by smallholders by June this year.
10m ago
KUALA LUMPUR, Feb 25 (Bernama) -- The progress in replanting oil palm trees is still lagging, with Malaysia managing to replant 114,000 hectares, or 2.0 per cent of its total planted area in 2024, down from 132,000 hectares (2.3 per cent) in 2023.
10m ago
KUALA LUMPUR, 24 Feb (Bernama) -- The Ministry of Plantation Industries and Commodities (KPK) wants Malaysia to achieve zero export of crude palm oil (CPO) in the future by increasing the production of downstream products.
10m ago
KUALA LUMPUR, Feb 13 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) forecasts an increase in palm oil production this year across Malaysia, Indonesia, Honduras, and Papua New Guinea compared to 2024 levels.