14d ago
KUALA LUMPUR, Dec 10 (Bernama) -- Malaysia’s crude palm oil (CPO) production slid 5.30 per cent month-on-month (m-o-m) to 1.94 million tonnes in November 2025 from 2.04 million tonnes in October 2025, according to the Malaysian Palm Oil Board (MPOB).
19d ago
GENTING HIGHLANDS, Dec 5 (Bernama) -- The palm oil sector could be a major contributor towards Malaysia’s goal of achieving net-zero emissions by 2050, rather than a liability, as mature oil palm plantations sequester substantial amounts of carbon dioxide (CO2).
28d ago
KUALA LUMPUR, Nov 26 (Bernama) -- Genting Plantations Bhd posted a net profit of RM86.50 million for the third quarter (3Q) ended Sept 30, 2025, up from RM83.05 million a year earlier amid stronger palm kernel (PK) prices and better sales volume.
1m ago
KUALA LUMPUR, Nov 12 (Bernama) -- United Plantations Bhd’s net profit decreased to RM203.28 million in the third quarter (3Q) ended Sept 30, 2025 compared to RM215.03 million a year earlier.
1m ago
KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia’s crude palm oil (CPO) production jumped 11.02 per cent month-on-month (m-o-m) to 2.04 million tonnes in October 2025 from 1.84 million tonnes in September 2025, said the Malaysian Palm Oil Board (MPOB).
1m ago
KUALA LUMPUR, Nov 4 (Bernama) -- Higher palm product prices and seasonally stronger fresh fruit bunch (FFB) output are expected to lift most planters’ upstream earnings in the upcoming results season starting Nov 5, particularly on a quarter-on-quarter basis, said Hong Leong Investment Bank (HLIB).
1m ago
By Nurul Hanis Izmir
PUTRAJAYA, Oct 27 (Bernama) -- Malaysia is set to benefit from the United States’ (US) decision to lower tariffs to below 19 per cent on 1,711 Malaysian export products, including palm oil and cocoa products -- a move which is expected to enhance the price competitiveness of Malaysian goods in the US market.
3m ago
KUANTAN, Sept 12 (Bernama) -- A RM31 million biomass steam plant will be developed at Kaneka (Malaysia) Sdn Bhd’s (Kaneka Malaysia) chemical industrial complex in the Gebeng Industrial Estate here.
3m ago
KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia’s crude palm oil (CPO) production increased by 2.35 per cent month-on-month (m-o-m) to 1.86 million tonnes in August from 1.81 million tonnes in July, according to the Malaysian Palm Oil Board (MPOB).
3m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit dipped to RM143.68 million in the second quarter ended June 30, 2025 (2Q 2025) from RM170.13 million in the same period last year.
3m ago
KUALA LUMPUR, Aug 26 (Bernama) -- The need for a new market mechanism to support palm biomass processing as a commercial product may be considered in the future, according to the Ministry of Plantation and Commodities (KPK).
3m ago
KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is submitting a request to the Ministry of Finance (MOF) for crude palm kernel oil (CPKO) and palm kernel olein to be exempted from the Sales and Services Tax (SST), both of which currently taxed at a rate of five per cent.