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Prices of cooking oil could be buoyed for years by stagnating production and a biodiesel push in top producer Indonesia that are making traditionally cheap palm oil costlier, eliminating an advantage that also curbed prices of rival oils.
A celebration of premium beef is taking place at a hotel in Kuala Lumpur.
JOHOR BARU: Johor is preparing to shore up its food security initiatives through an innovative smart indoor vertical farming project valued at RM38mil.
PETALING JAYA: High crude palm oil (CPO) prices are likely to be sustained through the first quarter (1Q) of this year, driven by seasonally weak production, increased biodiesel mandates in Indonesia, and higher restocking activities ahead of Ramadan.
The price of crude palm oil (CPO) is likely to stay high through the first quarter of 2025 (1Q25), driven by seasonally weak production, increased biodiesel mandates in Indonesia, and higher restocking activity ahead of Ramadan.
Crude palm oil (CPO) prices are expected to remain firm or move higher in 2025 versus a price average of about RM4,200 per tonne in 2024, say industry experts.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Thursday (Jan 23, 2025)
KUALA LUMPUR: The Vegetable and Herb Agro-Food Site at the Malaysian Agriculture, Horticulture and Agro-tourism Exhibition (MAHA) 2022 emphasises the concept of commercial vegetable production and urban agriculture based on the application of technology developed by the Malaysian Agricultural Research and Development Institute (Mardi).
There is a global demand for premium Malaysian agricultural products and this has been made apparent by the 11th Malaysia Plan (11MP) unveiled in 2015.
HANOI: At the end of August, many were surprised to hear that Starbucks closed its first and only premium Starbucks Reserve store in Ho Chi Minh City on Han Thuyen, district one after seven years of operation despite the shop being a popular destination due to its prime location and beautiful views.
SD Guthrie Bhd, formerly known as Sime Darby Plantation Bhd, forecasts crude palm oil (CPO) prices will remain steady at current levels for the near future.
PETALING JAYA: SD Guthrie Bhd, formerly known as Sime Darby Plantation Bhd, forecasts crude palm oil (CPO) prices will be sustained at current levels.
PETALING JAYA: Malacca Securities has ascribed a fair value of 44.5 sen per share for Farm Price Holdings Bhd, which marks a premium 85% from its initial public offering (IPO) price.
Farm Price Holdings Bhd made a strong debut on the ACE Market, opening at 48 sen per share or 100% over its initial public offering price of 24 sen.
Local vegetable and seafood production fell in 2023, despite an increase in the number of vegetable farms, while local egg production went up.
Analysts expect crude palm oil (CPO) to stay lofty above RM4,000 per tonne in the immediate term, but the current price may have peaked for this year.
THE fifth outlet of premium grocer The Food Merchant (TFM) has opened at Kuala Lumpur’s transformational boutique retail boulevard RainTreeRain at The ERA.
KUALA LUMPUR: Malaysia's palm oil stocks fell for a fifth month in February to their lowest in 22 months as production declined, outweighing a reduction in exports, data from the industry regulator show.
KUALA LUMPUR: Malaysia's palm oil stocks fell for a fifth month in February to their lowest in 22 months as production declined, outweighing a reduction in exports, data from the industry regulator showed on Monday.
The network supports local farmers, boosts domestic economy as well as give job opportunities to the unemployed.
