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KOTA KINABALU: The Sabah government is looking into the formation of a state palm oil board, considering the sector’s role in driving economic activities in the state.
KOTA KINABALU: The Malaysian Estate Owners’ Association (MEOA) wants the standard operating procedure (SOP) for the palm oil sector during the conditional movement control order (MCO) to be reviewed.
KUALA LUMPUR: The Malaysian Palm Oil Association – Sabah (MPOA-Sabah) is appealing to the Sabah Port Authority (SPA) and other state authorities to allow the plantation companies’ private jetties to reopen so they can ship out their oil palm products.
KOTA KINABALU: Unilever - one of the world’s largest consumer goods company - is committing US$2.5 mil (RM10.3 mil) to support Sabah over the next five years in certifying palm oil according to the Roundtable on Sustainable Palm Oil (RSPO) standards.
POIC Sabah Sdn Bhd has signed memoranda of understanding (MoU) with four China-based companies with the aim of taking its downstream processing of palm oil and other related products to the next level.
Analyst report: Wah Seong Corp Bh, LaFarge Malaysia Bhd and QL Resources Bhd.
KUALA LUMPUR: Palm oil output in Malaysia, the world's second-largest producer, is estimated to fall by 2 million tonnes from a year earlier in the oil year ending September 2016 due to the effects of El Nino, leading industry analyst Dorab Mistry said.
KOTA KINABALU: Sawit Kinabalu Sdn Bhd, through its wholly-owned subsidiary Rikaworth Sdn Bhd, has joint-ventured with Usaha Dimega Sdn Bhd, a subsidiary of Kretam Holdings Bhd, to invest in bulking installations in Sawit Palm Oil Industrial Cluster (Poic) in Sandakan.