20 May 2017
STIFFER conditions imposed on the local timber industry in terms of lower export quotas, higher taxes and the focus on certifications have been most challenging for players operating in Sarawak.
2 May 2017
PETALING JAYA: Two years after its kitchen-sinking exercise, KUB Malaysia Bhd is focusing on the strategic expansion of its three core businesses while actively exploring options to monetise its non-performing assets.
24 April 2017
PETALING JAYA: There is increasing appetite for local plantation companies to acquire existing oil palm plantations to expand their hectarages. Since late last year, local planters with deep pockets have been snapping up more brownfield oil palm plantations in Malaysia instead of greenfields as part of their landbank expansion and value creation.
12 April 2017
PETALING JAYA: A recovery in the production of palm oil has put pressure on prices, causing it to fall to a six-month low.
1 April 2017
IT’S exciting times ahead for the century-old local plantation group United Malacca Bhd (UMB).
21 March 2017
PETALING JAYA: Three China-based companies including China National Cereals, Oils and Foodstuffs Corp (COFCO) are vying for strategic stakes in Felda Global Ventures Holdings Bhd (FGV). A source close to FGV told StarBiz that: “These Chinese companies are major global consumers of palm oil/palm products and are looking to raise stakes in FGV via the open market.”
6 March 2017
PETALING JAYA: The stage is set for Malaysia Smelting Corp Bhd (MSC) to perform better this year given anticipation of a continued recovery in tin prices after experiencing a six-year slump, say analysts.
20 February 2017
PETALING JAYA: The share price of Sibu-based timber and plantation group Ta Ann Holdings Bhd has rallied over 10% in the past two months, thanks to the good run-up in crude palm oil (CPO) prices.
14 February 2017
PETALING JAYA: Bullish crude palm oil (CPO) prices have driven plantation shares upwards in the past four months and many planters are expected to post good earnings in their soon-to-be released 2016 fourth quarter (Q4) results and the first quarter results of 2017.
21 January 2017
THE worst appears to be over for the global steel sector, including that in Malaysia, after having experienced a five-year slump in global steel prices.