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July, 31, 2016

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Business > Asia > Malaysia
Malaysia's UMW Holdings plans to sell 39 percent of its oil and gas unit in an initial public offering this year that could raise up to US$1 billion, a source said Friday.
 
Malaysia's palm oil inventory finally eased to 1.93 million tons in April after staying above the 2-million-ton threshold for the past 10 months, which had led to concerns that crude palm oil (CPO) prices would likely be dragged down further.
 
Malaysia's palm oil inventory finally eased to 1.93 million tons in April after staying above the 2-million-ton threshold for the past 10 months, which had led to concerns that crude palm oil (CPO) prices would likely be dragged down further.
 
Malaysia has reported a nearly 50-percent drop in reported online scams to 714 cases in the first quarter of 2013 from 1,321 cases in the same period last year.
 
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