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New twist to Malaysia-India palm oil issue
KUALA LUMPUR: The Malaysia-India palm oil issue has taken a new twist. Amidst the call by an Indian trade association for importers to shun palm oil from Malaysia, a political body in South India has urged Prime Minister Narendra Modi government not to reduce palm oil imports from Malaysia.
Malaysia privately discusses Goldman penalty of just US$2bil over 1MDB
AGAIN and again, Malaysia has publicly demanded Goldman Sachs pay an eye-popping $7.5 billion for its role in the 1MDB scandal. But privately, Malaysian negotiators are considering settling for a fraction of that.
PM: No interesting bids for PLUS yet
KUALA LUMPUR: While several bids have been submitted by the private sector for the takeover of highway operator PLUS Malaysia Bhd, the government says it is yet to receive an “interesting” offe
Sime Darby Plantation can reduce impact of India tensions by exporting from Indonesia
PETALING JAYA: Sime Darby Plantation Bhd is looking at ways to soften the impact of a potential ban by India on palm oil imports from Malaysia.
CPO prices seen to remain stable
PETALING JAYA: Crude palm oil (CPO) prices are expected to remain stable, at least until the first half of next year, pending any official announcements from India.
IIM and the national anti-corruption agenda
Over the past few decades, Malaysia’s image has been plagued by issues of corruption with the country losing almost RM1.8 trillion in a span of 10 years (2004 – 2014).
CPO futures likely to trade between RM2,080 to RM2,100
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trend lower at between RM2,080 and RM2,100 per tonne next week, amid fears of import curbs by India.
Indian restriction on palm oil imports will lower prices
PETALING JAYA: A potential restriction by India on palm oil imports from Malaysia will lead to higher stockpiles and lower crude palm oil prices here, CGS CIMB Research says
Malaysia offers to buy more imports from India after threat of palm oil curbs
KUALA LUMPUR: Malaysia said on Tuesday it would look to increase imports of crude sugar and buffalo meat from India, after reports that New Delhi was considering restricting imports of palm oil from Malaysia following its criticism of
its actions in Kashmir.
Auditor-General advises govt to continue to raise revenue
KUALA LUMPUR: The Federal Government has been advised to continue with efforts to increase revenue through various sources and to adopt prudent spending, said the Auditor-General's Report 2018, the Federal Government's Financial Statements.