News
Sarawak Planters Seek Role On MPOB, MPOC Boards
Oil palm planters in Sarawak want to be included in the formulation of government policies that are affecting their future livelihoods. In doing so, Sarawak Oil Palm Plantation Owners Association (Soppoa) is seeking board member status at both Malaysian Palm Oil Board (MPOB) and Malaysian Palm Oil C...
PortCity@POIC Set To Boost Lahad Datu
Economic growth in Sabah’s east coast town of Lahad Datu is poised to be boosted with the development of the PortCity@POIC, a commercial project. To be developed by BriSteel Properties Sdn Bhd, the project covers a 10ha area located not far from the Lahad Datu town centre. The project involves...
CPO Futures Trading Seen Volatile
Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to be volatile next week, with impact from the upcoming US Department of Agriculture (USDA) report, dealers said. “The report pertaining to the global crop supply and demand will impact the CPO market and it is still hard ...
CPO Futures Rally Fizzles Out
Crude palm oil futures on Bursa Malaysia Derivatives closed lower yesterday as the market momentum fizzles out after four days of rally, with traders taking a conservative stance, dealers said. A trader said the market opened on a firm note in the morning, on overnight rally on the soyabean oi...
Malaysia Aug 1-10 Palm Exports Down 17.4pc
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Delima Oil Eyes RM1.3b Revenue
The Federal Land Development Authority’s (Felda) wholly-owned subsidiary, Delima Oil Products Sdn Bhd, expects its revenue to rise 16 per cent to more than RM1.3 billion by 2013, riding on the growing diet of the country’s population and its export markets. Delima chief executive officer...
