oil palm


An uphill battle for CPO

KUCHING: When it comes to the palm oil sector, like most traded commodities, ‘smooth sailing’ is something rarely mentioned by experts of the field in regards to the prospects of this industry. Palm oil experts are generally painting a good short-term outlook for the sector in 2018 – but palm industry players are more sceptical […]

The week at a glance 21 January 2018

Sabah & Sarawak Wood-based manufacturers’ earnings prospects to face challenges in 2018 Wood-based manufacturers’ earnings prospects are projected by analysts to face some challenges in 2018. The research arm of Hong Leong Investment Bank Bhd believed earnings prospects of the wood-based manufacturing players will face some challenges in 2018, underpinned mainly by the sharp strengthening […]

Malaysian palm prices to rise

KUALA LUMPUR, Jan 20 — Malaysian palm oil prices are expected to trade at RM2,500-RM2,700 per tonne due to falling production from March onwards, and as stock levels decline from now until July, said leading vegetable oils analyst Dorab Mistry…

Full MSPO certification for KLK’s operations

IPOH: All Kuala Lumpur Kepong Berhad’s (KLK) upstream operations (its supplying estates and palm oil mills) in Malaysia have been certified under the Malaysian Sustainable Palm Oil (MSPO) standards as at end of December 2017, a year ahead of the mandatory timeline for producers that already have Roundtable on Sustainable Palm Oil (RSPO) certifications. In […]

KLK has full MSPO certification for upstream ops

KUALA LUMPUR, Jan 19 — Kuala Lumpur Kepong Bhd (KLK) said all its local upstream operations were certified as compliant with Malaysian Sustainable Palm Oil (MSPO) standards at the end of December 2017. The certification was received a year…

Malaysia will intensify efforts, explain on palm oil to EU ministers, commissions

PUTRAJAYA: Malaysia will intensify its efforts to explain about the palm oil industry to the European ministers as well as the European Commissions before the bloc made its final decision on banning the use of the commodity in biofuels starting 2021. Plantation Industries and Commodities Minister, Datuk Seri Mah Siew Keong said before the ban […]

Mah: EU’s move unjustified, discriminatory


KUALA LUMPUR: Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong yesterday slammed the European Parliament’s decision to ban all palm oil biofuels from the bloc’s renewable energy (RE) in future, calling the move unjustified and discriminatory. In a strongly-worded statement, Mah said the move is a “wholly unjustified blockade” against Malaysia as it would allow all other oilseed crops to continue operating under the European Union’s (EU) RE directive. “This is a clear case of discrimination against palm oil-producing countries. The EU is practising a form of cropRead More

Mapping the sustainability landscape

KUCHING: The ways of doing business has evolved with time. Long gone are the days of operating a business purely for the want of generating profits; these days, it is  crucial to consider of the impact our businesses have on our enviroment, society and economy as a whole. In the midst of doing business, sustainability […]

The week at a glance 14 January 2018

Sabah & Sarawak Analysts positive on CPO export duty removal, but warns of trade war brewing While most analysts have been fairly positive in the temporary crude palm oil (CPO) export duty removal that became effective on Monday, there were concerns over a possible trade war brewing with other oil palm producing countries. To recap, […]

Stocks in Focus (12-1-2018)

KUALA LUMPUR (Jan 11): Based on corporate announcements and news flow today, companies in focus tomorrow (Jan 12) may include: LBS Bina, Ta Ann, R&A,…