CPO futures to trade in profit-taking mode next week

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.

Palm industry body to act against any members contributing to smog

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

Oil palm planters in the line of fire

Best years of investing in palm oil industry in the past

Trading value surges to RM3.28b as KLCI snaps losing streak

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.

France supports Malaysia’s sustainable palm oil, says Minister of State

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.

Drought, wildfires inflict double whammy on Indonesian crops

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.

Palm oil to blame for 39% of forest loss in Borneo since 2000: study

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

Jomo: Political will needed to push for renewable energy

KUALA LUMPUR: A strong political will is needed to push for renewable energy (RE) in Malaysia, says prominent economist Prof Jomo Kwame Sundaram.

KLCI extends losing streak as IHH, Maybank slip

KUALA LUMPUR: Blue chips closed weaker on Thursday as investors continued to be cautious, dragged by declines in IHH Healthcare, Maybank and Sime Plantation.