JAKARTA, May 21 (Bloomberg): 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. Futures were already lower this week on expectations Indonesia’s ban would be short-lived, and late Thursday President Joko Widodo said that exports can resume from May … [Read more...] about Palm oil’s slump set to deepen after Indonesia lifts export ban
Malaysian palm oil
Malaysia is entering a serious food security conundrum
ARABLE land is defined by the United Nations Food and Agriculture Organization (FAO) as land currently used, or potentially capable of being used, to grow seasonal crops. This definition excludes land used for pasturing, tree-farming (or “silviculture”), or for more durable agricultural products such as vineyards, orchards, and coffee and rubber plantations. In turn, … [Read more...] about Malaysia is entering a serious food security conundrum
MACC completes probe on Mohd Nazlan
PETALING JAYA: Investigations into the case involving Court of Appeals Judge Datuk Mohd Nazlan Mohd Ghazali has been completed, says the Malaysian Anti-Corruption Commission (MACC). "The probe that began in March has been finalised after collecting related evidence according to the fixed guidelines and procedures," the anti-graft authority said in a statement on Saturday (May … [Read more...] about MACC completes probe on Mohd Nazlan
‘Datuk Seri’ stokes neighbours’ and council’s ire with illegal roadworks
ENCROACHING onto public land without the authorities approval is never a good idea. Breaking the rules set by the authorities sets a bad precedent for others from the neighbourhood. Residents in Tropicana Indah in Petaling Jaya are furious over the blatant disregard of law over a person with a Datuk Seri title at the upmarket neighbourhood. He has riled up his neighbours … [Read more...] about ‘Datuk Seri’ stokes neighbours’ and council’s ire with illegal roadworks
Positive growth for Malaysia’s economy since transition to endemic phase, says PM
KUALA TERENGGANU: The Malaysian economy has shown positive growth since the country entered the transition to endemic phase, in turn bringing much relief to all sectors, including tourism. Prime Minister Datuk Seri Ismail Sabri Yaakob said tourism was one of the main contributing sectors to the country's Gross Domestic Product (GDP). Immigration Department statistics showed … [Read more...] about Positive growth for Malaysia’s economy since transition to endemic phase, says PM