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Malaysian beneficiaries of US-China trade war
GEORGE TOWN: Northern region-based plastic, tissue paper, fastener, radio frequency chip and semiconductor test-equipment manufacturers are among the beneficiaries of the United States-China trade conflict.
The sticky palm oil affair
THE palm oil industry has been firefighting one issue after another and the latest one with the possibility India may cut its purchase of palm oil from Malaysia is turning out to be a problem the industry is threading carefully on.
Guessing game over India's position on palm oil imports from Malaysia
KUALA LUMPUR: A recent news report on India wanting to reduce palm oil imports from Malaysia has stirred up a lot of anxiety and tension among industry players, especially smallholders.
Economic Outlook 2020: Highlights of Federal Govt revenue
Federal Govt Budget RM297.02bil of which 45.1% will come from income tax; non-tax revenue 18.4%, borrowings 17.7%, indirect tax 15.9% and other direct tax 2.9%.
ESG investing creeps into mainstream, plantations in focus
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.
Budget wishlist from property association
IN view of the lacklustre market and oversupply situation, the real estate sector has urged the government to remove and reduce the real property gains tax (RPGT) after the fifth year of purchase for non-citizens and companies to 5%, instead of the current 10% and zero tax for Malaysians and PRs.
Malaysia end-August palm oil stocks slip to 13-month low
KUALA LUMPUR: Palm oil inventories in Malaysia extended falls to a 13-month low at the end of August as strong export gains outpaced production increases, according to official data. Declining stockpiles in the world’s second-largest producer of the edible oil could boost benchmark prices which have retreated from a six-month top reached in end-August. Prices were last up 0.6% at RM2,214 a tonne at the midday break yesterday.
Malaysia end-Aug palm oil stocks slip to 13-month low, MPOB says
KUALA LUMPUR: Palm oil inventories in Malaysia extended falls to a 13-month low at the end of August as strong export gains outpaced production increases, official data showed on Tuesday.
CPO to trade at RM1,900-RM2,200
PETALING JAYA: Crude palm oil (CPO) is expected to trade between RM1,900 and RM2,200 per tonne this month as rising optimism on lower stockpile will likely be offset by weaker demand from India following the major edible oil importer’s move to raise the import duty on palm oil by 5%, according to analysts.
