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Business 27 Aug 2003 | 12:00 AM

CPO price expected to narrow 10%-15%

THE price of crude palm oil (CPO) is expected to narrow down by 10% to 15% from its current average price of RM1,300 per tonne later this year, as dampening factors like surplus in the supply of vegetable oils and oils in unprocessed seeds slowly creep in.

Business 27 Aug 2003 | 12:00 AM

Oil palm estates to biotech farms vision

THE new generation of oil palm plantations will likely find better and greater value functioning as #147;biotech farms#148; by the turn of the new millennium, said IOI Corp Bhd group executive chairman Tan Sri Lee Shin Cheng.

Business 26 Aug 2003 | 12:00 AM

Palm oil and diesel mix law under study

MALAYSIA is seriously considering legislation to mandate the blending of diesel with palm oil as an environmentally-friendly fuel, said Primary Industries Minister Datuk Seri Dr Lim Keng Yaik.

Business 25 Aug 2003 | 12:00 AM

CPO to trend higher this week

Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash Tin.

Nation 20 Aug 2003 | 12:00 AM

Syndicate stealing palm oil from refinery busted

A syndicate specialising in stealing crude palm oil (CPO) from a refinery was busted with the arrest of its six members including the mastermind in Prai, Butterworth, and Bukit Tambun, Nibong Tebal, here on Monday night.

Business 20 Aug 2003 | 12:00 AM

Soft CPO prices may hit plantation earnings growth

THIS year is going to be a bumper crop year for many plantation companies. However, their earnings growth in the next financial year is likely to be weaker due to expectations of softening crude palm oil (CPO) prices.

Business 19 Aug 2003 | 12:00 AM

KLK third-quarter pre-tax profit up 65% to RM124.4mil

HIGHER palm oil prices and larger production volumes again buoyed the bottom line of Kuala Lumpur Kepong Bhd (KLK), which released its 3rd quarter results to June 30 yesterday. Its net profit for the quarter increased by more than a third to RM85.5mil from RM61.8mil in the same period last year.

Business 18 Aug 2003 | 12:00 AM

CPO to remain range-bound

Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash Tin.

Business 16 Aug 2003 | 12:00 AM

Another record year for IOI Corp

IOI CORP Bhd has turned in another record-setting financial performance for its financial year ended June 30, with pre-tax profit hitting RM812.63mil on revenue of close to RM4bil.

Business 15 Aug 2003 | 12:00 AM

Property still key IP ops

ISLAND and Peninsular Bhd (Iamp;P) expects to be well anchored by its property business in the coming years despite the group#039;s strong interest in oil palm plantation, managing director Dr Radzuan Abdul Rahman, said.