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The recent spike in crude palm oil (CPO) prices echoes the commodity boom of 2021/22, as supply constraints from lower palm oil production and robust consumer demand push prices up.
The combined fortune of Malaysia’s top 50 wealthiest families and individuals increased by 2% to US$83.4bil for the year amid a weaker ringgit, according to Forbes Asia.
MIDF Research expects crude palm oil (CPO) prices to moderate in the second quarter of 2024 (2Q2024), yet predicts a month-on-month (m-o-m) increase of 4.6% to RM4,410.5 per tonne in April due to mild El Niño events.
新加坡办公楼IOI Central Boulevard(IOICB)的市价可达60亿新币(约210亿令吉)。(吉隆坡16日讯)如果说蒲种一带是IOI置业(IOIPG,5249,主板产业股)一手发展起来的,那么如今IOI置业的主要产业版图又在哪里呢?答案就在以大马一水之隔的新加坡,目前新加坡的产业占了...
Kuala Lumpur: Nilai kekayaan keseluruhan 50 bilionair paling kaya di Malaysia meningkat dua peratus kepada AS$83.4 bilion tahun ini, demikian menurut senarai terbaharu yang dikeluarkan oleh Forbes Asia 2024. Peningkatan itu disokong oleh kenaikan sembilan peratus pasaran saham Malaysia sejak senarai terakhir 50 ...
KUALA LUMPUR: Crude palm oil (CPO) price is expected to start tapering off when the commodity's seasonal output recovery takes place. Hong Leong Investment Bank Bhd (HLIB) noted that the CPO price had averaged at RM4,062 per tonne year-to-date. ...
The collective wealth of tycoons listed on the 2024 Forbes Malaysia Rich List increased by a modest 2% to US$83.4 billion (RM398.8 billion), according to Forbes Asia.
KUALA LUMPUR: A declining ringgit offset a 9.0 per cent rise in Malaysia's stock market since the fortunes of the country's richest tycoons were last measured. As a result, their collective wealth on the 2024 Forbes list of Malaysia's 50 ...
PETALING JAYA: IOI Corp Bhd’s stake in the RM600mil joint-venture (JV) paper pulp plant in Pahang is expected to be diluted to 33.75% from the initial 45% with the entry of Xiamen C&D Corp in the project.
PETALING JAYA: Hong Leong Investment Bank Bhd Research (HLIB Research) has maintained its “neutral” call on the plantation sector as the absence of a notable demand catalysts has indicated that current high palm oil price will not be sustainable in the long term.
Nextgreen IOI Pulp Sdn Bhd (NIP), a joint venture between Nextgreen Global Bhd (NGGB) and IOI Corp Bhd, has inked a memorandum of understanding (MoU) with China’s Xiamen C&D Paper & Pulp Group Co Ltd (Xiamen C&D) for the proposed development and operation of a green and sustainable paper pulp production facility.
KUALA LUMPUR (April 12): Here is a brief recap of some business news and corporate announcements that made the headlines on Friday:
Bahvest Resources Bhd's subsidiary, Wullersdorf Resources Sdn Bhd, has obtained approval from the federal government's mining regulator, t...