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Chief executive officer Datuk Dr Wan Zawawi Wan Ismail said the price forecast was based on uncertainties pertaining to the COVID-19 pandemic recovery, political situation and stimulus packages. "We forecast the average CPO price to be at RM3,846 per tonne for the first quarter and second quarter of 2021, ranging from a low of RM3,502 per tonne to a high of RM4,190 per tonne,” he said at the virtual Palm Oil Internet Seminar (POINTERS) 2021 today. He said palm oil exports are also expected to increase marginally from 17.39 million MT in 2020 to 17.5 million MT in 2021. "China, India, the European Union, ASEAN, Saudi Arabia, Africa, and the United States will be the major export destinations for Malaysia,” he pointed out. In March 2021, Wan Zawawi said the delivery price for CPO already exceeded RM4,100 per tonne despite the reinstatement of CPO export duties and the prices are expected to remain firm as concerns of supply limitations due to heavy rains in January and February ... » Learn More about MPOC: Moderate recovery seen for Malaysia’s palm oil exports in 2021

KUALA LUMPUR: Indonesia, the world's biggest palm oil producer, will increase its refined palm oil exports after raising taxes, leaving Malaysia to become more competitive in crude palm oil (CPO) exports, a leading industry analyst said on Monday. The reordering of palm oil trading follows Indonesia's decision last month to raise the export levy to a progressive system of US$55 to $255 per tonne of CPO, depending on price levels to generate funds for its palm-based biodiesel programme. This gives Indonesian refiners a sizeable advantage over rival Malaysian refiners in the export market, even after Malaysia, the world's second-largest palm oil producer, raised its January CPO export tax to 8%, analyst James Fry said during a virtual industry conference. "This is going to change the whole balance of exports between Malaysia and Indonesia," he said. Fry is chairman of commodities consultancy LMC International and his comments are closely watched by the industry. "We should now ... » Learn More about Malaysian crude palm oil exports becomes more competitive

A FRIEND called me up the other day asking if she should still renew the comprehensive covers on her vehicles. Her family members have six vehicles between them, and the insurance premiums amount to quite a sum. She thinks that since they hardly go out and travel anyway, the chances of meeting with an accident is very minimal. I could not believe her saying that, but I immediately launched into a long explanation why she should continue insuring her vehicles. The risk is always present, and one cannot predict where and when it will occur. Just watch the TV news every day, and chances are, there is one or two accidents caused by motorcycle riders who deliver food and other essentials since people movement is restricted. Who would think that a mansion in a first-class subdivision will burn? Fires can occur anywhere as long as there are combustible materials. Since last year, many business establishments have closed shop, and the buildings or factories are not operating. The premises ... » Learn More about Technology at its best in the insurance industry

AUGUSTA, Ga.: Japan's Hideki Matsuyama stormed home in style to put himself in position to become the first Asian golfer to win the Masters as he held a four-shot lead after the rain-interrupted third round at Augusta National on Saturday. Matsuyama, who began the day three shots behind overnight leader Justin Rose, played eight holes after a 78-minute weather delay and went a sizzling six under over that stretch for a seven-under-par 65 that brought him to 11 under. "Before the horn blew I didn't hit a very good drive, but after the horn blew for the restart I hit practically every shot exactly how I wanted to," Matsuyama, whose last PGA Tour win came in 2017, said through an interpreter. "This will be a new experience for me being a leader going into the final round in a major. I guess all I can do is just relax tonight, prepare well and just do my best tomorrow." Rose (72), seeking his first Green Jacket after a pair of close calls, was in a four-way share of second ... » Learn More about Japan’s Matsuyama in control of Masters, leads by four shots

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives may see volatile trading next week, ahead of the release of production, stocks and exports data. Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa said markets will closely monitor the Malaysian Palm Oil Board's (MPOB) data, which is due on Monday. In addition, investors are also awaiting April 1-10 projections by cargo surveyors, which are likely to be released next week. "Focus will be on March production. However, prices are likely to be firmer but volatile," he told Bernama, today. Earlier this week, Sathia said global demand and export for palm oil products will see strong recovery from April to June 2021, mainly from India and China, which are severely understocked at the moment. He said China's stocks have been in deficit for many months with the latest data showing stocks being in deficit by 27 per cent. Meanwhile, palm oil trader David Ng expects CPO prices ... » Learn More about CPO futures to see volatile trading next week, eyes on MPOB data

DDB Group Philippines, one of the country’s leading integrated marketing communications groups, and its client partners garnered numerous awards for its campaigns in the recently concluded 18th Philippine Quill Awards, organized by the International Association of Business Communicators (IABC) Philippines. Johnson & Johnson’s “Choose Gentle” rebranding campaign for its Johnson’s Baby franchise, mainly done in partnership with DDB Philippines (DDB PH), won a Quill Excellence award under the Communication Management Division’s Marketing, Advertising and Brand Communications category. A component of the said Johnson’s Baby rebranding campaign, the #ChooseGentle “Ugly Babies” Interactive Art and Videos conceptualized and executed by the brand with DDB PH as part of the brand’s gentle parenting advocacy also won for Johnson & Johnson a Quill Merit award under the Communication Skills Division’s Social Media Programs category. PepsiCo’s “Gatorade #NothingBeatsGirls” campaign ... » Learn More about DDB Group PH recognized at 18th Philippine Quill Awards

Filipinos are known to be naturally talented especially in art. That’s what this brand decided to highlight when they started the company 15 years ago with only 2 bold ideas to capitalize on: Fair Trade and Social Entrepreneurship. With Filipinos having a multitude of cultures and traditions, Gifts & Graces does not look beyond local talent and instead, focuses their energy into partnering with the local communities around the country to showcase the best of what Filipino craftsmen, designers and artists have to offer. The company was the brainchild of Sandy Prieto Romualdez, with the main purpose of bridging the gap between livelihood projects and market access by acting as the venue of expression and celebration of all things Filipino. As retail stores adjust to new realities, Gifts and Graces bravely pivoted amidst the crisis. Their mission is to unleash the potential of Filipinos through authentic and thoughtful designs that connect Filipino artisans with consumers, ... » Learn More about Gifts & Graces: Expanding the World of Filipino Local Artisans

No one in Ms Deena Al Mahbuba's family has met her daughter, Aara. She was born at the end of 2019, extremely premature. By the time Aara left the hospital for her home outside Boston in mid-June, the world was already months into Covid-19 lockdowns. Ms Mahbuba's close relatives, along with her husband's, all live in Bangladesh. The couple moved from there in 2013. Family members have done their best to stay connected, but Ms Mahbuba, a graduate student at the Massachusetts Institute of Technology, wishes her relatives were nearby. Her elder siblings could help her soothe Aara when she is sleepless. Or they could show her how they introduced foods to their babies. Aara, now 15 months old, struggles with new foods after having been tube-fed in her early life. Ms Mahbuba also hopes Aara will learn to speak Bengali, but worries she needs exposure to the language from people besides her parents. "Sometimes, I feel really sad," she said. "I feel like there is a gap ... » Learn More about Bonding with a child born during pandemic times

SINGAPORE - Mujir Hayyan Mohammad Taufiq may be anxious about sitting the Primary School Leaving Examination this year, but his parents are even more stressed - it is their first experience with the PSLE as both were educated in madrasahs (religious schools). "As much as we reassure ourselves that it is just like any other year-end exam Hayyan will be sitting, the pressure and stresses do exist," says his mother, Ms Hurul-A'in Mohd Yusoff, 36, principal of a childcare centre. His father Mohammad Taufiq Mohamed Ismail, 40, manages a mosque. They also have a six-year-old daughter studying in a madrasah. "However, we always remind ourselves that this is not our examination, it is Hayyan's," says Ms Hurul-A'in, stressing that her 11 1/2-year-old son's mental health is more important than his grades. Her focus is not misplaced in a year that has seen educational systems across the world shattered by the pandemic, leaving families disoriented and dispirited. Compared with many ... » Learn More about Coronavirus: PSLE survival guide for parents and kids during the pandemic

When schools across Singapore put their students on full home-based learning (HBL) on April 8 as part of the circuit breaker measures, Ms Adele Leong remembers the wide-eyed look of hope in her daughter Carolyn's eyes. "Are they going to be postponing the PSLE or cancelling it? How are we going to sit the exams now schools are closed?" she recalls her 11-year-old asking. Ms Leong, 44, is one of many parents grappling with the unprecedented academic changes the coronavirus pandemic has brought. The Ministry of Education (MOE) cancelled all mid-year examinations, but is still proceeding with national ones such as the Primary School Leaving Examination (PSLE), as well as the N, O and A levels, as it says these are "major milestones" and it does not want to disadvantage graduating students. "Technically, it's not my first time doing the PSLE, but since the circumstances are so different, I might as well say it's my first time because it's hard to expect what's to come," says Ms ... » Learn More about Fretting over big exams in a time of Covid-19