top of page

.jpg)

News
Latest updates, insights and developments across the palm oil industry.


Palm Oil Industry Outlook, Challenges for 2024
The price of crude palm oil (CPO) experienced fluctuations throughout 2023, ranging from US$800 to US$1,000 (RM4,670) per tonne, compared...
Jan 30, 2024


Mobilizing Sarawak’s Youth in The Palm Oil Industry
As Malaysia’s palm oil industry looks to press its global advantage, Pertubuhan Transformasi Dayak (Trada) called on the youth of Sarawak...
Jan 26, 2024


Palm Oil Sector to Gain from Johari’s Cabinet Appointment
Industry bodies are bullish on Johari Ghani’s appointment as plantation and commodities minister. Johari Ghani is expected to improve the...
Jan 24, 2024


Analysts See CPO at RM4,000 in 2024, Name IOI Corp as Top Sector Pick
Analysts remain "neutral" on the plantation sector, amid palm oil stockpile data indicating a dip of 1.1% month-on-month (m-o-m) to 2.45...
Jan 22, 2024


Nusantara Could Be ‘Double-Edged Sword’ For East Malaysia’s Oil Palm Plantations
Key industry experts say the upcoming development of Indonesia’s planned capital city, Nusantara, in Kalimantan could be a double-edged...
Nov 28, 2023


Boost Tech Usage in Oil Palm Industry to Cut Foreign Worker Reliance, Says Abang Jo
Sarawak's oil palm industry should step up the use of technology to improve its sustainability and reduce dependence on foreign labour,...
Nov 24, 2023


Malaysia's Palm Oil Sector to Benefit from UK's CPTPP Entry - Analysts
Malaysia's palm oil industry will be one of the sectors to benefit from the United Kingdom’s entry into the Comprehensive and Progressive...
Nov 24, 2023


Robust CPO Price Signifies Resilience in Nation’s Palm Oil Industry, Says Bursa Chief
The Malaysian palm oil industry had shown resilience in the first half of 2023, with benchmark crude palm oil (CPO) price standing robust...
Nov 22, 2023


Sabah Earns RM6.22b from Crude Palm Oil Tax From 2018, Among Biggest Earners for State Coffers
The Sabah state government said today it has collected some RM6.22 billion in sales tax from its crude palm oil industry from 2018 to...
Nov 20, 2023
bottom of page