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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a profit-taking mode of between RM2,020 and RM2,080 per tonne next week, said a dealer.
JAKARTA: A palm oil industry group is investigating if fires in Indonesia and Malaysia causing hazardous smog that is now wreathing Southeast Asia are on plantations owned by its members, and will take action against them, it said on Friday
KUALA LUMPUR: Bursa Malaysia witnessed a surge in trading volume and value on Friday, while late buying of Maybank enabled the FBM KLCI to snap its recent losing streak, but not enough to close above the key 1,600 level.
KUALA LUMPUR: The French government will help Malaysia promote the country’s sustainable palm oil products by providing scientific findings of the products to its people.
JAKARTA: Wildfires, smoke and drought are inflicting an increasingly painful toll on Indonesian agriculture, hurting everything from oil palm plantations to rubber trees and rice fields.
KUALA LUMPUR: The palm oil industry was responsible for at least 39% of forest loss on the biodiversity-rich island of Borneo between 2000 and 2018, data from a research firm based in Indonesia shows
KUALA LUMPUR: A strong political will is needed to push for renewable energy (RE) in Malaysia, says prominent economist Prof Jomo Kwame Sundaram.
KUALA LUMPUR: Blue chips closed weaker on Thursday as investors continued to be cautious, dragged by declines in IHH Healthcare, Maybank and Sime Plantation.