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Corporate News 03 Dec 2016 | 12:00 AM

Palm oil on the global stage

From an agricultural commodity, palm oil has transformed into a well-diversified industry.

Markets 26 Nov 2018 | 11:35 PM

Malaysian palm oil price in biggest fall in 21 months as Indonesia axes export levy

JAKARTA:Malaysian palm oil futures suffered their biggest fall in more than 21 months on Monday after Indonesia, the world's top palm oil producer, announced measures to increase shipments.

Investment 23 Dec 2017 | 12:00 AM

Felda protests EU's ban on palm oil

FELDA, which harbours the largest population of oil palm smallholders in Malaysia, fully condemns the discriminatory act by the European Union (EU) to ban palm oil from entering its market.

Business 12 Jan 2017 | 12:00 AM

Nutella maker defends palm oil

ALBA: The US$44bil palm oil industry, under pressure in Europe after authorities listed the edible oil as a cancer risk, has found a vocal ally in the food sector: the maker of Nutella.

Business 23 Mar 2013 | 12:00 AM

Highlighting the values of palm oil

MPOC chairman avers that palm oil is healthy and its plantations sustainable.

Business 05 May 2014 | 12:00 AM

Palm oil refiners brace for Indonesia's proposed export duty change

PETALING JAYA: Local palm oil refiners are bracing for the impact of Indonesia’s proposed changes to its palm oil export duty structure.

Commodities 09 Oct 2014 | 6:20 AM

Malaysian palm oil up for third day, crude oil fall caps gains

KUALA LUMPUR: Malaysian palm oil futures stretched their winning streak into a third day on Wednesday, as the ringgit fell and as investors expected output to drop this month, although a fall in crude oil prices hampered gains.

Markets 03 Mar 2019 | 11:03 PM

Global 2019 palm oil demand set for first contraction in two decades

KUALA LUMPUR: World palm oil demand may suffer its first contraction in two decades during the 2019/20 crop year due to rising domestic oilseed supplies in top buyer India and slowing demand in Europe and China, industry participants told Reuters.

Plantations 08 Jan 2019 | 10:53 PM

Malaysia launches 'Love my palm oil' campaign

KUALA LUMPUR: The Ministry of Primary Industries announced a year-long “Love MY Palm Oil” campaign on Wednesday to fight anti-palm oil campaigns that are threatening the people's livelihood.

Plantations 22 Sep 2017 | 12:00 AM

Buyers cite price of sustainable palm oil among deterrents when sourcing for CSPO

PETALING JAYA: Regional palm oil buyers have cited the price of sustainable palm oil, lack of consumer awareness and demand for certified sustainable products as deterrents when sourcing for certified sustainable palm oil (CSPO). Despite the availability of 100% certified palm oil, WWF said most businesses in Malaysia and Singapore were still not sourcing it.