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KUALA LUMPUR: Some of the European Union countries have accepted Malaysia’s palm oil and even expressed their desire to buy the commodity, said Prime Minister Tun Dr Mahathir Mohamad.
KUALA LUMPUR: India will always be dependent on Malaysia for palm oil, as it is the cheapest edible oil in the world.
KUALA LUMPUR: Batu Kawan Bhd’s net profit for the financial year ended Sept 30,2019 fell to RM363.49mil from RM365.68mil a year ago.
KUALA LUMPUR: A press conference came to an abrupt halt when Prime Minister Tun Dr Mahathir Mohamad’s nose bled.
PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) has recorded a 36.75% jump in net profit for the fourth quarter ended Sept 30 to RM175mil, boosted by its manufacturing segment.
KUALA LUMPUR: The additional RM1 cess per tonne of palm oil produced that will be imposed by the government starting next year will lead to higher production costs for planters.
KUALA LUMPUR: Kuala Lumpur Kepong Bhd's net profit rose by 1.3% to RM617.50mil in the fiscal year ended Sept 30,2019 from RM609.36mil a year ago.
KUALA LUMPUR: Public Bank, Hong Leong Bank and Tenaga Nasional reversed their losses and nudged the FBM KLCI into the positive zone at the close of trade on Tuesday after a volatile day.
KUALA LUMPUR: Oil palm landowners with land over 100 acres risk getting their licence revoked if they fail to secure the Malaysian Sustainable Palm Oil (MSPO) Certification from next year onwards, says Primary Industries Minister Teresa Kok.KUALA LUMPUR: Oil palm landowners with land over 100 acres risk getting their licence revoked if they fail to secure the Malaysian Sustainable Palm Oil (MSPO) Certification from next year onwards, says Primary Industries Minister Teresa Kok.
KUALA LUMPUR: Malaysia will not bring the issue of discriminatory trade barriers by the European Union (EU) against palm oil to the World Trade Organisation (WTO) yet as some of the EU countries have responded positively to Malaysia's defence, say Tun Dr Mahathir Mohamad.