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KUALA LUMPUR: When Shell engineer Incham Serdin quit his job four years ago to start a small palm plantation in his native Malaysia, prices of the fleshy fruit bunches used to make the world's most-consumed vegetable oil were bubbling near their peak
KUALA LUMPUR: Malaysia’s exports of crude palm oil (CPO) and processed palm oil could dip between 25% and 30% to around 13 million to 14 million tonnes this year should the Covid-19 pandemic persists with global lockdowns in place
THE commodity-related industries in Malaysia are grappling with the coronavirus (Covid-19) turmoil that has led to the current depressed prices and gloomy export outlook in the coming months.
SINCE coming into power in March, the Perikatan Nasional (PN) government, led by Prime Minister Tan Sri Muhyiddin Yassin, has set off a wave of boardroom changes at state-owned institutions and corporations.
KUALA LUMPUR/SINGAPORE (Reuters) - Malaysia has directed palm plantations to continue operations even as the country shuts businesses to prevent the spread of the coronavirus, a producer group said on Wednesday, ensuring steady supplies of the tropical oil to global markets.
KUALA LUMPUR (Reuters) - Palm plantations in Malaysia, the world's second largest producer of the commodity, must be allowed to operate during the two weeks of movement curbs ordered to rein in the spread of a coronavirus, a group of growers said on Tuesday.
INDIA may be biting its own tongue for boycotting crude palm oil (CPO) from Malaysia.
PLANTATION companies with high-capacity refineries will need to quickly source new export markets for their refined palm oil products, should India’s unofficial boycott on Malaysia take a turn for the worse in the coming months.