FGV Palm Industries Sdn Bhd (FGVPI) is targeting RM1 billion in profit before tax by 2030, driven by a strategic shift in its business model and improved operational productivity. NSTP/DANIAL SAAD. FGV Palm Industries Sdn Bhd (FGVPI) is targeting RM1 billion in profit before tax by 2030, driven by a strategic shift in its business model and improved operational productivity. FGVPI chief executive officer Hamdan Ismail said the company is currently transitioning from its tradi

Palm oil’s next harvest is not only in the field. It is also in understanding. AFTER writing about palm oil from many angles – history, science, policy, leadership, labour, sustainability, tribute and field reality – I am now quietly exploring allegory as another way to explain the sector. Stories can reach places where formal reports may not. That was why I supported the Upin & Ipin palm oil cartoon from the start. Children may first come for the characters, colour and laugh

Kamon Pornchaichanakit, Managing Director at Flottweg Thailand You have built extensive experience in separation technology and the palm oil industry. Could you tell us about your professional journey and your role as Managing Director of Flottweg Thailand? My career has been driven by one goal—helping industries create more value from every process. For more than two decades, I have worked in process technology and water treatment, helping industrial customers optimise opera

PALM oil has a curious public relations challenge. For something so widely present in our lives, it is still often rather poorly introduced. Mention it in conversation and many people think immediately of a bottle in the kitchen, a wok in action, perhaps a biscuit, perhaps a debate. Its public image remains trapped near the frying pan, as though its chief ambition in life were simply to wait beside a stove for something to be sauteed. But palm oil has long outgrown that narro

A total of 21,049 smallholders in Johor have benefited from cash subsidies under the BUDI Agri-Commodity programme, an initiative aimed at supporting farmers who form the backbone of the country’s agri-commodity sector. Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad said the programme, implemented under the MADANI Subsidy Assistance (BUDI MADANI) framework, had received 29,048 applications as of Jan 31, with applications still open. She said each successfu

Singapore-based Oiltek International Ltd and Brunei's BioSeaga Industries Sdn Bhd have agreed to collaborate on a large-scale sustainable aviation fuel (SAF) biorefinery in Sabah. The project, valued at US$350 million (RM1.65 billion), is planned to have a production capacity of 300 tonnes per day. This project is expected to kick off in the fourth quarter of 2026. "Phase 1 carries an estimated development value of US$350 million, with future expansion into advanced fuels inc

Plantation and Commodities Minister, Datuk Seri Dr Noraini Ahmad (Centre), said that the Ministry 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. — NSTP/NIK ABDULLAH NIK OMAR 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) trad

Deputy Prime Minister Datuk Seri Fadillah Yusof. -NSTP/ AZIAH AZMEE Malaysia is committed to reaching 32 per cent installed renewable energy (RE) capacity this year, Deputy Prime Minister Datuk Seri Fadillah Yusof said. Fadillah, who is also the Minister of Energy Transition and Water Transformation, said the country had achieved 31 per cent installed RE capacity as of December 2025. "The government aims to increase installed renewable energy capacity by one per cent a year u

Ahmad Shabery, with a Felda vehicle running on B100, with officials demonstrating the capability of biofuel. B100, a 100% palm oil-based biodiesel, has the potential to emerge as a more competitive and sustainable alternative energy source amid uncertainties arising from the West Asia crisis, said Federal Land Development Authority (Felda) chairman Datuk Seri Ahmad Shabery Cheek. He said the B100 implementation, which is still at the policy stage, will kick off within the Fel

Rising demand for biodiesel blending in Thailand is linked to the ongoing conflict in the Middle East. - The Nation/ANN Thailand will tighten controls on crude palm oil exports from Tuesday (April 7) in a bid to maintain a balance between domestic consumption and rising energy demand. According to the Royal Gazette, the measure, effective for one year, restricts the export of crude palm oil unless prior approval is granted by the authorities. The move comes amid rising deman

The Malaysian palm oil industry has entered a solid growth phase in March, fuelled by a massive surge in exports that pushes inventories to their lowest level in seven months. The country's palm oil stocks tumbled 16.1 per cent to 2.27 million tonnes in March from February, marking their lowest level since August, data from the Malaysian Palm Oil Board showed on Friday. Industry observers said this tightening supply, down for a third consecutive month, demonstrates the global

Malaysia’s palm oil-based biodiesel consumption is set to rise by more than 300,000 metric tons annually, the Malaysian Palm Oil Board said, as the country joins top producer Indonesia in raising blending mandates to reduce reliance on energy imports. On Tuesday, the Malaysian government said it would increase its 10% biodiesel mandate, known as B10, to a 15% biodiesel blend without giving a timeline. It will start with a 12% blend without incurring any additional production