Malaysia's economic growth to be affected if Palestine-Israel conflict escalates
If the scale of conflict widens, it would have significant impact, especially in rising of oil prices and trade supply chain disruption.
Tue Nov 28 2023
Top palm oil buyer India's May imports set to fall to 27-month low
The surprising drop in palm oil imports by India, the world's biggest importer of vegetable oils, could bring down palm oil prices.
Tue May 23 2023
India's March palm oil imports jump on discounts - Dealers
The rise in palm oil imports by India, could help Malaysia lower its stocks and support palm oil prices, the traders said.
Wed Apr 05 2023
Two-tier pricing system, coupons for packet cooking oil to be discussed next week - Minister
The proposals to set cooking oil prices and the use of subsidised purchase coupons for packet cooking oil will be discussed at the NACCOL meeting next week.
Tue Dec 06 2022
Current cooking oil prices to remain unchanged until Jan 7
The retail prices of cooking oil for the period Dec 8, 2022 to Jan 7, 2023 will remain unchanged, said KPDNHEP secretary-general Datuk Azman Mohd Yusof.
Thu Dec 01 2022
Ringgit appreciates vs US dollar in early trade
Stephen Innes said the steadier crude oil prices earlier this week have also provided support for the local note.
Thu Nov 24 2022
Palm oil prices seen ticking up as rains slash output and demand strengthens
Higher exports and lower production would help major palm oil producers Indonesia and Malaysia bring down inventories.
Tue Oct 25 2022
ANALYSIS: Asian farmers plant to boost palm oil output, seedling shortage slows pace
The seedlings shortfall could slow plantation, capping production growth and keeping palm oil prices elevated, industry officials said.
Mon Sep 19 2022
Special Task Force aims 10 per cent drop in price of cooking oil
The Special Task Force on Jihad Against Inflation is targeting a 10 per cent decrease in the price of cooking oil within the next two weeks following the drop in palm oil prices.
Mon Jul 18 2022
Engagement sessions will continue to find a win-win solution for palm cooking oil industry
KPPK will continue to hold engagement sessions to find a win-win solution for all parties in the palm oil sector following the announcement of the reduction in palm cooking oil prices in stages.
Fri Jul 15 2022
Industry agrees to reduce cooking oil prices in stages - Annuar
Annuar said the industry had agreed with the special task force's recommendation on the price reduction, expected to be implemented soon.
Thu Jul 14 2022
India's July palm oil imports may surge to 10-month high as prices plunge
Higher purchases by India may add support for Malaysian palm oil prices, which are trading near a one-year low.
Wed Jul 06 2022
Construction labour shortage due to rising palm oil price - Fadillah
The increase in palm oil prices in the plantation sector has attracted workers from other sectors, said Senior Works Minister Datuk Seri Fadillah Yusof.
Fri Jun 10 2022
Govt has enough money to continue fuel subsidy, says Tengku Zafrul
The government still has sufficient funds to continue to provide fuel subsidies to the people despite rising global crude oil prices.
Fri Jun 10 2022
Subsidies may touch RM71 bln in 2022, inflation contained, says Finance Minister
Malaysia is expected to fork out higher total subsidies in 2022 to the tune of RM71 billion, while petrol subsidies alone will touch RM30 billion amid the rise in crude oil prices.
Thu May 26 2022