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KUALA LUMPUR, Feb 25 (Bernama) – The Ministry of Plantation and Commodities (KPK) plans to collaborate with Tenaga Nasional Bhd (TNB) and the Energy Commission of Malaysia (ST) to utilise palm oil-based renewable energy (RE) in expanding the country's energy grid connectivity.
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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.
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KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia, the world's second-largest palm oil producer, must take the lead in sustainability, taking bold steps to champion sustainable palm oil, especially as the world increasingly focuses on environmental responsibility.
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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.
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KUALA LUMPUR, Feb 24 (Bernama) -- Gamalux has reached a significant milestone with the construction of its new plant at Pulau Indah, which is progressing on schedule and is expected to be completed in the second quarter of 2025.
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KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia Derivatives recorded an all-time high of 22.75 million contracts traded across all products in 2024, up 19 per cent from 19.11 million contracts in 2022, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.
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KUALA LUMPUR, Feb 24 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, weighed down by weakness in soybean oil performance amid softer demand, said an analyst.
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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.
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KUALA LUMPUR, Feb 24 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is targeting a five per cent increase in total trade for 2025, from RM2.879 trillion registered in 2024.
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KUALA LUMPUR, Feb 24 (Bernama) -- The Malaysian Embassy in Havana, in collaboration with Malaysia External Trade Development Corporation (MATRADE) in Miami, aims to collaborate with Cuba’s Ministry of foreign trade and foreign investment (MINCEX) to expand trade and investment opportunities.
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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.
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KUALA LUMPUR, Feb 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade sideways with a slight bearish basis amid profit-taking activities next week, said palm oil trader David Ng.