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Malaysian palm oil price up more than 1% as output expected to decline
KUALA LUMPUR: Malaysian palm oil futures rose more than 1 percent on Friday to a three-week peak, supported by expectations of slowing output in Malaysia and easing stock levels in Indonesia..
High stocks, low prices clog palm oil supply chain in Southeast Asia
KUALA LUMPUR: Palm oil suppliers across Southeast Asia are struggling to cope with record output, with plantations delaying harvest and mills stalling on deliveries as storage tanks overflow, multiple industry sources said.
All decked up for the season
IT IS that time of the year when shopping centres start looking like a magical place where reindeer frolic in the snow amid towering pine trees decorated with glittering lights and baubles.
TNB gets government approval to continue ICPT mechanism
KUALA LUMPUR: The government has, via a letter from the Energy Commission, given its approval for Tenaga Nasional Bhd (TNB) to continue implementing the imbalance cost pass-through (ICPT) mechanism in the first half of next year.
Acquisition of Fortis on hold
KUALA LUMPUR: IHH Healthcare Bhd will have to wait to get its prized Fortis Healthcare of India after India’s Supreme Court ordered a halt to the acquisition following a petition filed by Japanese drugmaker Daiichi Sankyo.
TH-FGV company lodges report over plantations buy
KUALA LUMPUR: A Tabung Haji-FGV joint venture company, Trurich Resources Sdn Bhd (Trurich), has lodged a police report against five individuals for allegedly misleading the company in the acquisition of oil palm plantations in Indonesia totalling US$58mil between 2008 and 2009.
Agenda
1 CONTEMPORARY ART SHOWCASE: Life Is Beautiful is an article showcase of contemporary art, sculptures and ceramic pottery by four Malaysian artists – Yap Kim Boon, Adil Abdul Ghani, Kuen Stephanie and Gary Lim.
AirAsia declines to collect money on MASSB behalf
KUALA LUMPUR: Low-cost carrier AirAsia is not obligated to collect airport tax for Malaysia Airports (Sepang) Sdn Bhd (MASSB) and it has refused to collect the additional charge from passengers on behalf of MASSB.
How to treat ‘Malaysian Anxiety’
It starts with a government that takes care of everybody. There’s no place for petty politics. Sustainability, good governance and mindset change are important. And the people must seek the truth and engage with each other.
Sentul library honours poets, writers
THE Sentul Muthamizh Padippagam learning centre celebrated its 60th anniversary by honouring eight poets and writers, Makkal Osai reported.
