RM3.5 Million Incentive To Support MSPO Certification For Oil Palm FFB Traders – Noraini

KUALA LUMPUR, April 11 (Bernama) -- The Ministry of Plantation and Commodities has introduced an incentive amounting to RM3.5 million in an effort to support oil palm fresh fruit bunches (FFB) traders in obtaining the Malaysian Sustainable Palm Oil (MSPO) certification.

IOI Corp Posts Higher 2Q Net Profit Of RM528.5 Mln

KUALA LUMPUR, Feb 24 (Bernama) -- IOI Corporation Bhd (IOI Corp) posted a higher net profit of RM528.50 million in the second quarter of the financial year ending June 30, 2026 (2Q FY2026) compared with RM111.10 million a year earlier.

HLIB Maintains 2026 CPO Price Projection At RM4,200 Per Tonne

KUALA LUMPUR, Feb 5 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is maintaining its crude palm oil (CPO) price assumption of RM4,200 per metric tonne (mt) and earnings forecasts for 2026 for now, pending a review following Indonesia’s recent move to delay the implementation of its B50 mandate.

Agriculture Sector Records 3.1 Per Cent Growth In 2024, Driven By Palm Oil

PUTRAJAYA, Dec 26 (Bernama) -- The strong performance of palm oil continues to be the main driver of growth in the country’s agricultural sector, which expanded 3.1 per cent in 2024 compared with 0.2 per cent in the previous year, according to the Selected Agricultural Indicators 2025 report released today by the Department of Statistics Malaysia (DOSM).

Palm Oil Sector Holds Steady In 2025 As Golden Crop Spared From Debilitating US Tariffs

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 17 (Bernama) -- Malaysia’s palm oil sector heaved a huge sigh of relief after it was exempted from the 19 per cent import tariff imposed

Hap Seng's 2Q Net Profit Slips To RM143.68 Mln

KUALA LUMPUR, Aug 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit dipped to RM143.68 million in the second quarter ended June 30, 2025 (2Q 2025) from RM170.13 million in the same period last year.

FGV Holdings Posts Higher Net Profit Of RM137 Mln In 2Q 2025

KUALA LUMPUR, Aug 27 (Bernama) -- FGV Holdings Bhd posted a higher net profit of RM136.88 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM86.38 million in the same period a year ago. 

TH Plantations Net Profit Rises To RM11.79 Mln In Second Quarter

KUALA LUMPUR, Aug 25 (Bernama) -- TH Plantations Bhd’s (THP) net profit rose to RM11.79 million in the second quarter ended June 30, 2025 (2Q 2025) from RM10.41 million in the same period last year.

RM1.4 Bln Sought For Smallholder Oil Palm Replanting Under TSPKS 2.0 - Johari 

KUALA LUMPUR, Aug 21 (Bernama) -- An allocation of RM1.4 billion under the Smallholder Oil Palm Replanting Financing Incentive Scheme (TSPKS 2.0), applied for by the Ministry of Plantation and Commodities (KPK) for five years, is targeted to cover oil palm replanting across 82,979 hectares (ha).

Rise In FFB Prices Among Main Reasons For Low Oil Palm Replanting Rate In 2024 - Johari

KUALA LUMPUR, Aug 5 (Bernama) -- The increase in the price of fresh fruit bunches (FFB) is one of the main contributing factors for the low replanting rate in 2024, said Minister of Plantation and Commodities, Datuk Seri Johari Abdul Ghani.

TH Plantations Posts Lower 1Q Net Profit Of RM12.85 Mln

KUALA LUMPUR, May 23 (Bernama) -- TH Plantations Bhd’s (THP) net profit slid to RM12.85 million in the first quarter ended March 31, 2025 (1Q 2025) from RM13.04 million in the same quarter last year.

RHB Investment Bank Maintains ‘Buy’ Call On SD Guthrie, Expects Improved Output

KUALA LUMPUR, May 8 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has reiterated its “Buy” recommendation for SD Guthrie Bhd, with expectations of improved output in the coming quarters, as the the plantation company enters the peak output season in the second half of 2025 (2H 2025).