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Plantations 19 Mar 2019 | 12:00 AM

India’s palm oil imports may jump to record as prices fall

MUMBAI: India’s palm oil imports in 2018/19 are likely to jump a tenth from a year earlier to a record high as a sharp fall in the prices made the tropical oil more attractive for buyers than rival soyoil and sunflower oil, industry officials told Reuters.

Corporate News 14 Mar 2019 | 12:00 AM

Sime’s healthcare plan viewed positively

PETALING JAYA: Sime Darby Bhd’s plans to focus on its healthcare segment is viewed positively and will bear fruit in the long term, said AmBank Research.

Corporate News 07 Mar 2019 | 3:43 AM

Potential China-US gas deal said to predate trade war talks

WASHINGTON: A new gas supply deal between the U.S. and China that’s expected to be part of a broader trade agreement has been in the works since before the trade war began and was put on ice after tensions flared, according to people with knowledge of the matter.

Business 05 Mar 2019 | 12:00 AM

Indonesia chases deals to push exports

Jakarta: Indonesia is going all out to strike trade pacts with about a dozen countries and blocs as the US-China trade war hurts its shipments and threatens to worsen a current-account deficit.

Plantations 14 Feb 2019 | 12:00 AM

Higher CPO prices a boon to TSH

PETALING JAYA: TSH Resources Bhd’s earnings are expected to come in stronger on the back of higher fresh fruit bunches (FFB) production and recovery in crude palm oil (CPO) prices over the next two years.

Analyst Reports 12 Feb 2019 | 1:05 AM

Malaysian palm oil off to a good start in 2019

KUALA LUMPUR: PublicInvest research believes the Malaysian palm oil sector is off to a good start in 2019 as inventory levels fell 6.7% month-on-month to three million metric tonnes (mt) on the back of lower production and stronger exports.

Corporate News 29 Jan 2019 | 12:00 AM

Kok: CPOPC ministerial meeting to discuss trade policy issues

PUTRAJAYA: The sixth ministerial meeting of the Council of Palm Oil Producing Countries (CPOPC) next month will discuss among others, trade policy issues affecting members, sustainable production of the crop and activities towards strengthening cooperation in the industry, said Primary Industries Minister Teresa Kok Suh Sim.

Business 04 Jan 2019 | 12:00 AM

Signs of recovery seen for CPO

Demand from China and India expected to lift prices in first quarter

Plantations 03 Jan 2019 | 12:00 AM

Malaysia palm oil may regain market share

KUALA LUMPUR: There is a good chance that palm oil may regain some market share it lost previously in India after the government announced a reduction in import duties on crude palm oil and refined palm oil, effective since Jan 1.

Plantations 02 Jan 2019 | 12:00 AM

Cut in India CPO duties seen benefiting Malaysia

Move will help lift demand, say analysts