4d 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.
1m 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.
1m 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).
2m 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.
2m 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).
2m 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.
2m ago
KUALA LUMPUR, Aug 25 (Bernama) -- TH Plantations Bhd’s (THP) net profit rose to RM11.79 million in the second quarter ended June 30, 2025 (2Q 2025) from RM10.41 million in the same period last year.
2m ago
KUALA LUMPUR, Aug 20 (Bernama) -- TSH Resources Bhd reported a higher net profit of RM49.23 million for the second quarter ended June 30, 2025 (2Q FY2025) from RM20.63 million in the same period last year, supported by improved productivity and higher palm product prices.
2m ago
KUALA LUMPUR, Aug 11 (Bernama) -- Malaysia’s palm oil exports increased by 3.82 per cent month-on-month (m-o-m) to 1.30 million tonnes in July from 1.26 million tonnes in June, according to the Malaysian Palm Oil Board (MPOB).
3m ago
KUALA LUMPUR, July 25 (Bernama) -- Public Investment Bank Bhd has maintained a neutral outlook on the plantation sector, with crude palm oil (CPO) prices projected to remain stable in the second half of 2025 (2H 2025), trading within the RM4,000 to RM4,300 per tonne range.
3m ago
KUALA LUMPUR, July 10 (Bernama) -- Malaysia’s palm oil exports eased by 10.52 per cent month-on-month (m-o-m) to 1.26 million tonnes in June from 1.41 million tonnes in May, according to the Malaysian Palm Oil Board (MPOB).
4m ago
KUALA LUMPUR, June 10 (Bernama) -- Malaysia’s palm oil exports rose 25.6 per cent to 1.39 million tonnes last month from 1.10 million tonnes in April, the Malaysian Palm Oil Board (MPOB) said.