Lee Leng News Today

SINGAPORE - When Venture Corporation was formed in 1989 as an electronic services provider, its mission was to constantly innovate, transform and evolve to

LIKE many other commodities, Malaysia’s golden crop — palm oil — went through a whirlwind of a year. The upward trend in prices saw interest return to plantation counters that had missed out on the rally in crude palm oil (CPO) prices in 2021.

It is unlikely that plantation companies will continue to post double-digit profit growths in 2023, according to analysts, due to lower crude palm oil (CPO) prices, higher energy costs, and costlier raw material.

The two ministers discussed matters of common interest and continued cooperation between the two countries during his visit to the Republic of Singapore.

Palm oil has lost a major pillar of support after top producer Indonesia lifted a ban on exports, paving the way for prices to slump further as supply builds and demand languishes.

Indonesia’s ban, which was imposed since April 28, was one of the biggest acts of crop protectionism since Russia’s invasion of Ukraine,

By Anuradha Raghu (Bloomberg) Indonesia’s palm oil export ban kicked off Thursday in one of the most drastic cases of food protectionism since the war erupted in Ukraine. The top...

INDONESIA’S palm oil export ban kicked off Thursday in one of the most drastic cases of food protectionism since the war erupted in Ukraine. The top shipper imposed a sweeping ban on cooking oil exports, covering palm oil products across the value chain. It’s hard to overstate the importance of…

Malaysian palm oil stocks rose on optimism its producers would gain from Indonesia’s decision to widen its export ban to include all palm oil products from the country.

(Bloomberg) -- Indonesia’s palm oil export ban kicked off Thursday in one of the most drastic cases of food protectionism since the war erupted in Ukraine.  The top shipper imposed a sweeping ban on cooking oil exports, covering palm oil products across the value chain.