News
Palm Futures Tumble to 3-Month Low
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IOI Corp : Worst Over for Plantation Sector
IOI Corp, Malaysia’s No 2 planter, said today that the worst was over for the plantation sector as palm oil prices have recovered from last year’s slump although M&A activity would be muted. “It’s quite obvious it will be better. The industry including ourselves expect to see a much better fourt...
IOI Corp Bullish on Palm Price in Q3
IOI Corp, Malaysia’s second-largest palm oil producer, is confident the tropical commodity will maintain this year’s rally in the third quarter, aided by higher prices of substitute soybean oil. “We’re bullish on the price outlook” in the next three months, IOI executive director Lee Yeow Chor said ...
Dompok Sees Tocotrienols in New Light
Would you believe that palm oil vitamin E can help prevent death from stroke, heart attack and cancer? When Plantation Industries and Commodities Minister Tan Sri Bernard Dompok was presented with a set of questions on palm oil vitamin E, he did not think too much of it until he received feedback fr...
Plantation: Dependency On Foreign Workers To Be Tackled By 2020
TAIPING, June 28 (Bernama) — The plantation industry’s dependency on foreign workers is expected to be tackled by 2020, Deputy Plantation Industries and Commodities Minister Datuk Hamzah Zainuddin said today. He said this was because the government was in the midst of intensifying effort...
MPOC CEO: Palm Oil has Become Important Revenue Earner
AMID the industry’s quest for sustainability and environmental protection, oil palm planters from Malaysia and Indonesia have been urged not to yield to the demands of non-governmental organisations (NGOs) and environmentalists who are targeting deforestation. Sharing global resources should mean sh...
