Planter faces investigation over fire
SINGAPORE: The Indonesian authorities have started a preliminary inquiry into suspected land-clearing fires in a concession area operated by a subsidiary of Singapore-listed palm oil producer Kencana Agri.
Palm oil stocks tumble as S’pore probes haze links
SINGAPORE: The worsening haze across Singapore in recent weeks has cast a pall over the skies and certain stocks.
Biokenaf generates over RM50mil sales, creates over 50 job opportunities
JELI: The commercialisation of BioKenaf products, developed through research at Universiti Malaysia Kelantan (UMK), has successfully generated over RM50 million in sales and created more than 50 job opportunities for the local population.
Minimum wage hike damper for planters
PETALING JAYA: Budget 2027's minimum wage hike of RM300 per month could reduce plantation companies' potential earnings by 0.2% to 4% in financial year 2027 (FY27) and 2% to 7% in FY28 due to higher labour costs, says CIMB Securities Research.
Plantation sector poised for higher CPO prices in 2027
PETALING JAYA: The plantation sector is expected to benefit from elevated crude palm oil (CPO) prices extending into 2027, supported by Indonesia's expanded biodiesel mandate and weather-related production risks, says Hong Leong Investment Bank (HLIB) Research.
Hotspots, haze and hard questions: What it takes to clear the air
THERE is something unsettling about re- reading what I wrote a year earlier and finding the same script playing out again, only this time amid a more severe regional fire and haze episode.
Tighter global supplies positive for CPO sector
The plantation sector is expected to remain subdued in the near term, but improving supply-demand conditions could support a stronger recovery in crude palm oil (CPO) prices in 2027.
Boosting replanting, cost factors key for planters
Budget 2027 is expected to focus on boosting replanting among independent smallholders, while the plantation industry could also seek relief from rising operating costs through changes to the windfall profit levy (WPL) and a more measured approach to minimum wage increases.
Malaysia aims to grow exports of higher-value palm oil products to India, says Noraini
Malaysia is looking to grow exports of higher-value palm oil products to India as vegetable oil demand remains strong in the top importing country..
Higher production costs to weigh on United Malacca
PETALING JAYA: Analysts have lowered their financial year ending April 30, 2027 (FY27) earnings forecast for plantation company United Malacca Bhd by 19% after factoring in higher production costs and a higher effective tax rate.
