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Bursa, key Asian markets close lower on fresh infections worries
KUALA LUMPUR: Bursa Malaysia joined key Asian markets to close in the red on Tuesday as investor sentiment was further dented by worries about fresh Covid-19 infections.
Palm oil lobby urges Sabah to review fees
KUALA LUMPUR: The Malaysian Palm Oil Association (MPOA) is appealing to the Sabah Government to review the fees structure under the regularisation programme which could cost RM800mil.
Indonesia asks India to cut palm oil tariffs
In exchange, it offers market access for Indian sugar
Getting to grips with the labour shortage problem
BELOW are excerpts from the exclusive interview with Primary Industries Minister Teresa Kok:
Sime Plantation, Public Bank power KLCI's rebound
KUALA LUMPUR: Blue chips staged a rebound to close higher, shored up by Sime Plantation and Public Bank and powering the FBM KLCI above the 1,650 level but oil stocks fell.
KLCI closes on firmer note as Public Bank, Maxis, CIMB gain
KUALA LUMPUR: Blue chips closed on a firmer note on Wednesday with fund buying seen in Public Bank, Maxis and CIMB as investors grew more confident in the new administration's policies.
Malaysia reiterates commitment to sustainable palm practices
PUTRAJAYA: Malaysia has reiterated its commitment to practise the 3-P pillars of sustainable palm oil industry, namely, People, Planet and Profit, to overcome various challenges in the global market, including the European Union (EU) Parliament's resolution on palm oil and deforestation.
Minister: Palm oil export to Iran to grow by 40% under FTA
TEHRAN: The Plantation Industries and Commodities Ministry is positive that Malaysia’s total export of palm oil and palm oil products to Iran will grow by 30% to 40% next year, under a preferential or free trade agreement (FTA), from 453,172 tonnes worth US$331mil achieved in 2016.
Indonesian palm oil shipments seen climbing to 13-month high
JAKARTA: Indonesian palm oil exports probably rose to the highest level in 13 months in November as some buyers replenished stockpiles.
