Felcra Records Final Distributable Profit 2024 Of RM192.51 Mln - Ahmad Zahid

KUALA BERANG, March 8 (Bernama) -- Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has announced a final distributable profit for 2024 amounting to RM192.51 million for Felcra Bhd’s participant project.

MIFF Drives Malaysia’s Furniture Industry Growth - Johari

KUALA LUMPUR, March 1 (Bernama) -- The Malaysian International Furniture Fair (MIFF) has been instrumental in shaping and elevating Malaysia’s furniture industry, Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said.

KPK Aims For RM14 Bln In Wooden Furniture Exports

KUALA LUMPUR, March 1 (Bernama) -- The Ministry of Plantation and Commodities (KPK) aims to achieve RM14 billion in wooden furniture exports, accounting for 50 per cent of Malaysia’s RM28 billion timber export target by 2025. 

TH Plantations Net Profit Rises To RM75.18 Mln In FY2024, Declares 50 Pct Higher Dividend

KUALA LUMPUR, Feb 28 (Bernama) -- TH Plantations Bhd (THP) posted a higher net profit of RM75.18 million in the financial year ended Dec 31, 2024 (FY2024), versus RM46.62 million in the previous year, on the back of an increase in operating profit.

Malaysia’s Oil Palm Replanting Lags Target, Govt Steps Up Efforts -- Johari

KUALA LUMPUR, Feb 25 (Bernama) -- The progress in replanting oil palm trees is still lagging, with Malaysia managing to replant 114,000 hectares, or 2.0 per cent of its total planted area in 2024, down from 132,000 hectares (2.3 per cent) in 2023.  

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

CPOPC Forecasts Modest 2025 Growth In Palm Oil Production

KUALA LUMPUR, Feb 13 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) forecasts an increase in palm oil production this year across Malaysia, Indonesia, Honduras, and Papua New Guinea compared to 2024 levels.

CPO Futures Rebound On Soybean Oil Gains, India’s Renewed Purchases

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rebounded to close higher, driven by gains in soybean oil and market optimism over India’s renewed palm oil purchases to replenish stocks.

Malaysia To Ensure Plantations Have Enough Workers For Consistent Production -- Johari

KUALA LUMPUR, Feb 4 (Bernama) -- The government, through the Plantation and Commodities Ministry (KPK), is committed to ensuring oil palm plantations have sufficient workforce so that production remains consistent and is not adversely affected.

Southeast Asia's Biggest Furniture Event MIFF 2025 Aims To Achieve 5 Pct Sales Rise

KUALA LUMPUR, Jan 23 (Bernama) -- The Malaysian International Furniture Fair (MIFF) 2025 aims to achieve a five per cent increase in sales this year against on-site sales of US$1.28 billion (US$1 = RM4.43) last year.

Malaysia’s GDP Expected To Hit 5.1 Pct In 2024 Vs 3.6 Pct In 2023 -- DOSM

KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia’s 2024 gross domestic product (GDP) is projected to grow by 5.1 per cent compared to the 3.6 per cent growth recorded in 2023, supported by positive growth across all sectors, said the Department of Statistics Malaysia (DOSM).

Sarawak Oil Palms Eyes RM1.5 Mln Revenue With AvantHealth Product's Debut In China

KUALA LUMPUR, Jan 16 (Bernama) -- Sarawak Oil Palms Bhd is targeting revenue of RMB 2.4 million (RM1.5 million) as its flagship product, AvantHealth Avtriee Tocotrienols, makes its debut in the Chinese market.