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JAKARTA: Indonesia plans to start producing green diesel from palm oil in 2022, with output estimated at 3.7 million kiloliters, a senior official in the Energy and Mineral Resources Ministry said on Tuesday.
Singapore’s newest billionaire is a former government employee who rode mobile sensation Free Fire into the ranks of the ultra-wealthy this week.
PETALING JAYA: Crude palm oil (CPO) futures extended their price rally to breach the RM2,500-per-tonne mark yesterday.
KUALA LUMPUR: Environmental, social and governance (ESG) investing has started creeping into mainstream investment and the focus is on plantations, especially during the haze which started early September, UOB Kay Hian Malaysia Research points out.
Singapore: A brutal Indonesian forest fire season that left South-East Asia choking in smog has renewed scrutiny of major palm oil and paper companies, with activists accusing them of breaking promises to halt logging.
KUALA LUMPUR: Conglomerate PPB Group Bhd remains confident about mitigating the challenging environment arising from the slowing economy as well as cautious consumer spending
KUALA LUMPUR: PPB Group Bhd today confirmed it is not in talks with FGV Holdings Bhd on acquisition of stakes in MSM Malaysia Holdings Bhd.
PETALING JAYA: PPB Group Bhd’s net profit for the second quarter ended June 30,2019 (2Q19) nearly halved by 47% to RM159.97mil from RM304.47mil a year ago, dragged by weaker contribution from both Wilmar International Ltd and the grain and agribusiness segment.
KUALA LUMPUR: Kenanga research said Wilmar International's 2Q19 core net profit came in broadly wtihin expectations at US$111mil, which represents 40% and 38% of its and consensus full-year estimates respectively.