Malaysia, Indonesia Push For Stronger Cooperation In Palm Oil Industry

By Mohd Iswandi Kasan Anuar

JAKARTA, Nov 29 (Bernama) -- Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has called for greater cooperation between Malaysia and Indonesia to address the regulatory challenges facing the global palm oil industry.

KPK Aims To Replant Oil Palm On 77,000 Hectares Over Next 5 Years

KUALA LUMPUR, Nov 26 (Bernama) -- The government has targeted oil palm replanting on 77,000 hectares of land over the next five years (2025–2029) to ensure the palm sector remains sustainable and competitive through the implementation of an oil palm replanting programme, specifically among smallholders.

Tax Incentives Considered To Draw Investors To Build SAF Production Hub - Johari Ghani

KUALA LUMPUR, Nov 26 (Bernama) -- The Plantation and Commodities Ministry (KPK) is considering several tax incentives to attract investors into Malaysia to build a production hub for sustainable aviation fuel (SAF).

MPIC Confident About Hitting Timber Industry Export Target Of RM28 Bln By 2025

KUALA LUMPUR, Nov 25 (Bernama) -- The Ministry of Plantation and Commodities (MPIC) is confident of achieving its target of RM28 billion in export value for timber and timber products by 2025, as outlined under the National Agricommodity Policy 2030.

Malaysia's Cocoa Export Revenue Exceeds RM8 Bln As Of August 2024 - Chan

KAJANG, Nov 25 (Bernama) -- Malaysia’s cocoa industry have registered a total export revenue of RM8.87 billion as of August 2024, representing 98 per cent of the RM9 billion target for the year, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

World Bank Appoints Judith Green As Country Manager For Malaysia

KUALA LUMPUR, Nov 25 (Bernama) -- The World Bank Group has named Judith Green as its new country manager for Malaysia.

Icon Offshore Secures Four Key Agreements To Drive Portfolio Growth And Expansion

KUALA LUMPUR, Nov 22 (Bernama) -- Offshore support vessel (OSV) company Icon Offshore Bhd has signed four conditional share sale and purchase agreements (SSPAs) with various vendors for proposed acquisitions.

Petronas Chemicals Records Loss Of RM789 Mln In 3Q On Unrealised Forex Loss

KUALA LUMPUR, Nov 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) recorded a net loss of RM789 million in the third quarter compared to a net profit of RM424 million in the same period last year, dragged down by unrealised forex losses of RM1.1 billion.

MASkargo Eyes Capacity Increase Through Partnership With Qatar Airways Cargo

By Danni Haizal Danial Donald

SEPANG, Nov 19 (Bernama) -- MAB Kargo Sdn Bhd (MASkargo) plans to increase its cargo capacity by leveraging its strategic partnership with Qatar Airways Cargo.

Malaysian Palm Oil Mills Should Adopt AI Technology -- Johari

KUALA KANGSAR, Nov 19 (Bernama) -- Palm oil mills in the country have been urged to use artificial intelligence (AI) technology for palm oil processing, thus reducing cost and increasing revenue.

Efforts To Deal With Anti-Palm Oil Campaign Remain Despite MPOB Office Closure Abroad - Chan

KUALA LUMPUR, Nov 18 (Bernama) -- The closure of a few Malaysian Palm Oil Board (MPOB) offices abroad does not affect efforts to deal with the anti-palm oil campaign and the negative perception of the commodity in the international market, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

Strong Investments, Exports Drive Malaysia's Third Quarter GDP Growth To 5.3 Pct

KUALA LUMPUR, Nov 15 -- The Malaysian economy expanded by 5.3 per cent in the third quarter of 2024 (3Q 2024), driven by strong investment activities and continued improvement in exports.