TH Plantations 3Q Net Profit Rises To RM21.55 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- TH Plantations Bhd’s (THP) net profit for the third quarter (3Q) of 2024 rose to RM21.55 million from RM17.55 million last year.

Energy-related Sector Among Potential Investments Raked In From PM's Official Visit To S. Korea - MITI

KUALA LUMPUR, Nov 26 (Bernama) -- The investment potential generated from Prime Minister Datuk Seri Anwar Ibrahim's official visit to South Korea is related to the electric vehicle sector, metals for electric vehicle applications, bio-pharmaceuticals, green technology, and the carbon capture and storage sector, said the Ministry of Investment, Trade, and Industry (MITI) today.

CPO Futures End Higher, Tracking Firmer Soybean Oil Futures On CBOT

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Tuesday, tracking the stronger soybean oil market on the Chicago Board of Trade (CBOT), a trader said.

IOI Corp Net Profit Soars To RM710.7 Mln In 1Q On Higher Plantation Segment Contribution

KUALA LUMPUR, Nov 26 (Bernama) -- IOI Corporation Bhd’s net profit surged to RM710.7 million in the first quarter of its financial year ending June 30, 2025 (1Q FY2025) from RM304.0 million in 1Q FY2024 due to higher plantation segment contribution.

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).

Cuba Mulls Biotech, Pharma Partnership With Malaysia, Eyeing ASEAN Launchpad

KUALA LUMPUR, Nov 26 (Bernama) -- Cuba and Malaysia should forge deeper partnerships in biotechnology and pharmaceuticals, particularly in producing vaccines, including halal vaccines that would cater to the local demographics, Cuban Ambassador to Malaysia Florentino Batista Gonzalez said.

CPO Futures End Three-day Losing Streak Amid Stronger Soybean Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 25 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended a three-day losing streak to close higher on Monday, due to stronger soybean oil prices on the Chicago Board of Trade (CBOT), said palm oil trader David Ng. 

CPO Futures Set To Trade With Bullish Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 23 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week, driven by potential bargain-buying activity after the recent selldown, a dealer said.

CPO Futures Ends Lower Amid Concern Over Weaker Export Demand

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 22 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Friday amid concern over weakening export demand, a dealer said.

Kumpulan H&L And Prosperous Plantation To Merge Estates, Enhance Economies Of Scale

KUALA LUMPUR, Nov 22 (Bernama) -- Kumpulan H&L High Tech Bhd’s wholly-owned subsidiary, H&L High-Tech Deco Sdn Bhd, has entered into an estate merger agreement with Prosperous Plantation PLT to achieve economies of scale and increase production output.

Cpo Futures Fall As Weaker Demand, Rising Output Weigh On Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 21 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday, pressured by expectations of weaker domestic demand, according to market sources. 

BMI Projects RM3,900/T Palm Oil Price Average For 2025

KUALA LUMPUR, Nov 21 (Bernama) -- BMI, a Fitch Solutions company, has forecast an annual average palm oil price of RM3,900 per tonne in 2025, down from an estimated RM4,050 per tonne in 2024.