CPO Futures End Higher Due To Recent East Coast Flood

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 28 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued its rally for the fourth day to end higher on Thursday due to concerns about the recent east coast flood, a dealer said.

KPK Aims To Replant Oil Palm On 77,000 Hectares Over Next 5 Years

KUALA LUMPUR, Nov 26 (Bernama) -- The government has targeted oil palm replanting on 77,000 hectares of land over the next five years (2025–2029) to ensure the palm sector remains sustainable and competitive through the implementation of an oil palm replanting programme, specifically among smallholders.

TH Plantations 3Q Net Profit Rises To RM21.55 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- TH Plantations Bhd’s (THP) net profit for the third quarter (3Q) of 2024 rose to RM21.55 million from RM17.55 million last year.

RHBIB Upgrades Call On Plantation Sector, Share Prices Yet To Reflect CPO Prices

KUALA LUMPUR, Nov 12 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has upgraded its recommendation on the plantation sector to “overweight” from “neutral,” given the higher crude palm oil (CPO) prices, which have crossed RM5,000 per tonne, amidst a blend of fundamental and speculative factors.

FGV Sees EUDR Delay As Opportunity To Boost Sustainability Efforts With Smallholders

By Nur Athirah Mohd Shaharuddin

SUNGKAI, Nov 8 (Bernama) -- FGV Holdings Bhd sees the delay in the European Union Deforestation Regulation (EUDR) enforcement as an opportunity for the company to work on the necessary things with smallholders.

Rally In CPO Futures Lifts Bursa Derivatives To Record Monthly Trading Volume In October

KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia Derivatives (BMD) Bhd recorded an all-time high monthly trading volume for all its products combined with a total of 2.34 million contracts traded in October 2024.

More Than 90 Pct Of Independent Smallholders To Be MSPO-certified End-2025 -- MPOB

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 31 (Bernama) -- The Malaysian Palm Oil Board (MPOB) is targeting more than 90 per cent of independent smallholders (ISH) to achieve Malaysian Sustainable Palm Oil (MSPO) certification by the end of next year.

Partnership With State Govts Key To Reducing Livestock Feed Imports - Johari

KUALA LUMPUR, Oct 28 (Bernama) -- The Ministry of Plantation and Commodities is open to collaborating with state governments to reduce the country’s reliance on imported livestock feeds.

TDM Proposes RM1.5 Bln Sukuk Wakalah Programme Issuance

KUALA LUMPUR, Oct 23 (Bernama) -- TDM Bhd has proposed the issuance of a sukuk wakalah programme with a total programme limit of RM1.5 billion to enhance operational efficiency, support future investments, and meet its financial commitments in compliance with Shariah principles.

KPK Approves 3,599-hectare Land For Oil Palm Replanting Under TSPKS 2.0 As Of October

KUALA LUMPUR, Oct 22 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has approved 3,599 hectares (ha) of land for oil palm replanting under the Oil Palm Smallholders Replanting Financing Incentive Programme (TSPKS 2.0) as of October 2024.

Malaysia's Economy Expands 5.3 Pct In 3Q, Says DOSM Advance Estimates

KUALA LUMPUR, Oct 21 (Bernama) -- Department of Statistics Malaysia (DoSM) has reported that advance estimates indicate Malaysia's economy grew by 5.3 per cent in the third quarter (3Q) of 2024, following a robust 5.9 per cent growth in the preceding quarter.

CPO Records Mixed Performance In First Eight Months But Price Rises 3.1 Pct To RM4,005 -- MPOB

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 20 (Bernama) – Malaysia’s palm oil industry chalked up a mixed performance in the first eight months of the year, marked by higher prices and output plus a notable yield improvement.