KUALA LUMPUR (Dec 20): Crude palm oil (CPO) prices are expected to climb to a higher average of RM4,600 per tonne in 2025, from the projected average of RM4,200 per tonne this year, due to supply-side challenges, including weather disruptions and slow replanting progress.

Palm oil prices set to rise further in 2025 amid supply concerns, says MARC Ratings

United Malacca Bhd's (KL:UMCCA) net profit more than doubled for its second quarter of August-October, driven by higher average crude palm oil (CPO) and palm kernel (PK) prices.

United Malacca's net profit more than doubles to RM30.9 mil, its highest in four years

Indonesia will increase its export levy for crude palm oil (CPO) to 10% from the current 7.5% to finance higher biodiesel subsidies, its chief economic minister said on Thursday.

Indonesia to hike crude palm oil export levy to 10%

Malaysia is inviting China's palm oil companies to explore opportunities in the domestic industry.

Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani said he believes potential partnerships with Chinese companies based in Malaysia will be successful as feedstock is plentiful in the country while Chinese players have a wide market network.

China's palm oil players invited to explore opportunities in Malaysia

Malaysia hopes its palm oil industry will be fully compliant with the European Union's anti-deforestation policy before a newly agreed deadline, its commodities minister said on Wednesday.

Malaysia hopes palm oil industry can be compliant with EU law when grace period ends

Crude palm oil (CPO) prices are expected to be firm above RM4,800 per tonne, said the Malaysian Palm Oil Council (MPOC), on the back of price recovery in soybean oil due to growing usage in the US biofuel industry and tightening Malaysian production and inventory.

MPOC sees CPO prices above RM4,800/tonne as soybean prices, low inventory lift

Malaysia's palm oil production is set to fall for the fourth consecutive month in December as heavy rainfall hit harvesting in the world's second-largest producer of the tropical oil, the industry regulator told Reuters on Friday.

Heavy rains to hit Malaysian palm oil output again in December, says MPOB

KUALA LUMPUR (Dec 11): Crude palm oil (CPO) production is projected to decline further in the coming months due to the ongoing monsoon season and the typical seasonal drop in output, according to analysts.

Monsoon season drives continued decline in CPO production — analysts

Rising palm oil imports, combined with recovering Indonesian output and a sharp drop in exports, may signal demand rationing, according to agricultural commodity advisory firm Glenauk Economics.

Rising palm oil imports, recovering Indonesian output, sharp drop in exports may signal demand rationing — Glenauk Economics

Malaysia's palm oil stockpiles slipped in November for a second consecutive month, as production dropped more than expected to its lowest level for the month in four years, according to the country's industry regulator on Tuesday.

MPOB: Malaysian palm oil inventories drop as November output hits four-year low

The Council of Palm Oil Producing Countries (CPOPC) forecasts palm oil prices could range between RM4,000 and RM5,000 per tonne in 2025, driven by stagnating production in key markets, particularly Indonesia and Malaysia.

CPOPC sees 2025 palm oil prices ranging between RM4,000-RM5,000 

Malaysia’s worst flood season in the decade occurring currently has had minimal impact on the production of crude palm oil (CPO), said TA Research.

Minimal impact from flood season on CPO production, says TA

India's edible oil imports in November jumped to their highest level in four months as refiners raised purchases of palm oil, soyoil and sunflower oil to replenish inventories after robust demand during festival season, five dealers said.

Festivals lift India's edible oil imports to four-month high in November, dealers say

Palm oil producer Kretam Holdings Bhd (KL:KRETAM) said on Friday its net profit surged in the third quarter from a year earlier as accounting gains more than offset a drop in revenue from lower output and sales.

Kretam 3Q net profit surges 91% as accounting gains more than offset revenue drop

(Dec 21): The Biden administration is mulling exempting Mexico from tariffs on imported solar equipment, a last-minute change that would primarily benefit Maxeon Solar Technologies Ltd.

Biden mulls tariff break for solar modules from Mexico

Among all precious gems, diamonds are one of the most sought after and prominent — for good reason. It is their rarity, durability and beauty that inspire the managing director of jewellery company Tomei, Datuk Ng Yih Pyng, to keep them as the focus of his star label, Le Lumiere. With over 30 years of experience under his belt, he has witnessed his fair share of industry evolutions. As technology progresses and diamond reserves begin to run dry, a new competitor — lab-grown stones — has entered the market. What does this mean for the stability of the natural gemstone trade, and what can consumers expect to see in the coming year? Ng gives us his thoughts.

Light fantastic

Lion Group’s property division, Lion Group Property, is looking to expand its industrial park portfolio, says the conglomerate’s executive chairman Tan Sri William Cheng.

Moving further into industrial parks

Pahang Islamic Affairs, Rural Development, and Orang Asli Affairs Committee chairman Datuk Seri Syed Ibrahim Syed Ahmad has confirmed that a video alleging the allocation of durian plantation land in Pahang to retired soldiers is fake.

Video alleging durian land allocation is actually Skim Tanah Rakyat land rights handover, says Pahang MP's rep

The launch of a new direct route from Chennai to Penang, via IndiGo, commencing on Saturday, marks a significant milestone in enhancing connectivity, generating economic opportunities, and solidifying Penang’s position as a regional air travel hub.

Direct route from Chennai elevates Penang as key regional air travel hub, says exco

The world’s biggest stablecoin issuer, Tether Holdings Ltd, is on track to close the year with more than US$10 billion (RM45.07 billion) in net profits, chief executive officer Paolo Ardoino said in an interview.

World’s largest stablecoin issuer Tether sees US$10b in net profits for 2024

BNP Paribas SA finalised the €5.1 billion (US$5.3 billion or RM24.0 billion) purchase of Axa SA’s asset management unit, in the biggest acquisition under chief executive officer Jean-Laurent Bonnafe.

BNP Paribas signs €5.1b deal to buy Axa’s asset manager

At least five people were killed in a car-ramming attack at a German Christmas market in the city of Magdeburg that also left more than 200 injured, officials said, and a Saudi man was arrested on suspicion of driving a car into the crowd.

Death toll in German Christmas market car-ramming rises to five, more than 200 injured

UK Prime Minister Keir Starmer’s pursuit of closer ties with China has raised private questions from Donald Trump’s incoming administration, European diplomats and even some senior British officials.

UK's Starmer is deepening China ties while allies turn away

The US Congress passed spending legislation early on Saturday in a down-to-the wire burst of activity that will avert a destabilising government shutdown ahead of the busy holiday travel season.

US Senate passes govt funding bill, averts shutdown

Lion Group’s property division, Lion Group Property, is looking to expand its industrial park portfolio, says the conglomerate’s executive chairman Tan Sri William Cheng.

Among all precious gems, diamonds are one of the most sought after and prominent —&nbsp;for good reason. It is their rarity, durability and beauty that inspire&nbsp;the managing director of jewellery company Tomei, Datuk Ng Yih Pyng, to keep them as the focus of his star label, Le Lumiere. With over 30 years of experience under his belt, he has witnessed his fair share of industry evolutions. As technology progresses and diamond reserves begin to run dry, a new competitor — lab-grown stones — has entered the market. What does this mean for the stability of the natural gemstone trade, and what can consumers expect to see in the coming year? Ng gives us his thoughts.

(Dec 21):&nbsp;The Biden administration is mulling exempting Mexico from tariffs on imported solar equipment, a last-minute change that would primarily benefit Maxeon Solar Technologies Ltd.&nbsp;

KUCHING (Dec 21): A supply interruption caused by generator trip at the Bakun Hydroelectric Plant (HEP) on Saturday afternoon has been fully restored to affected consumers in certain parts of Kuching, Sibu, Bintulu and Miri.

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