Best years of investing in palm oil industry in the past

Indonesia to push back palm replanting target beyond 2025

JAKARTA: Indonesia could take at least 12 years to complete a programme of replanting palm-growing areas after a farm ministry official said it was revising down annual targets, due to difficulties smallholders faced in proving they were eligible for the scheme.

TDM’s 1,201ha in Indonesia affected by fire

KUALA LUMPUR: About 1,201 ha owned by TDM Bhd’s unit, PT Rafi Kamajaya Abadi (PTRKA) in Indonesia, has been affected by fire.

UOB Kay Hian Research remains positive on CPO prices

KUALA LUMPUR: UOB Kay Hian Malaysia Research remains positive on the recovery in crude palm oil (CPO) prices on the back of lower production growth with older-age tree profiles, slower replanting in Malaysia and a lack of fertiliser application.

Sime Darby Property in forest conservation tie-up

SUBANG: Sime Darby Property Bhd has signed a memorandum of understanding (MoU) with Tropical Rainforest Conservation and Research Centre (TRCRC), a local non-governmental organisation (NGO) with expertise in rainforest conservation and research.

IOI Corp earnings soar

PETALING JAYA: Integrated palm oil producer IOI Corp Bhd has recorded a 30% increase in its net profit to RM46.6mil for the fourth quarter ended June 30, 2019.

IOI Corp Q4 net profit up by 30.1% to RM46.6m

KUALA LUMPUR: Plantation heavyweight IOI Corporation Bhd posted stroger earnings in the fourth quarter ended June 30, 2019 on lower net foreign currency translation loss on foreign currency denominated borrowings and deposits.

Kumpulan Fima signals that it may be taken private

Could Kumpulan Fima Bhd (KFima) be a privatisation target? The company shows some signs that it falls within the group of companies that tend to get taken private by its owners.

Malaysian palm oil industry sets replanting programme

KUALA LUMPUR: Malaysian palm oil industry players are making concerted efforts towards replanting oil palm trees together with the Malaysian Palm Oil Council (MPOC), says Primary Industries Minister Teresa Kok Suh Sim.

Between FGV and Felda – who needs who more?

The Alternative View by M. Shanmugam A DICHOTOMY of sorts emerged in the shareholders’ meeting of FGV Holdings Bhd.