<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 11): Malaysia's total palm oil inventory rose 1.34% in February to 3.05 million tonnes from the month before, data from Malaysian Palm Oil Board (MPOB) showed.</p></div>

<div class=newsTextDataWrapInner><p>This was mainly derived from higher crude palm oil (CPO) inventory, which rose 2.29% month-on-month to 1.92 million tonnes, to offset the 0.24% decline in processed palm oil inventory to 1.13 million tonnes in the same period.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, total CPO production in the country fell 11.1% to 1.54 million tonnes from 1.74 million tonnes in January, MPOB said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Similarly, production also fell for palm kernel (11.16%), crude palm kernel oil (17.66%) and palm kernel cake (18.05%) in the period.</p></div>

<div class=newsTextDataWrapInner><p>On exports, palm oil exports in February fell 21.38% to 1.32 million tonnes. Biodiesel exports also fell 16.49% to 36,986 tonnes whereas oleochemical exports rose 15.8% to 273,964 tonnes.</p></div>


Malaysia's total palm oil inventory rose 1.34% in February to 3.05 million tonnes from the month before, data from Malaysian Palm Oil Board (MPOB) showed.

M'sia palm oil inventory up 1.3% in Feb, CPO production down 11.1%

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The Malaysian Anti-Corruption Commission investigating officer (MACC IO) probing Datuk Seri Najib Razak in relation to the 1Malaysia Development Bhd (1MDB) debacle never asked the former prime minister if he had instructed for the controversial transfer of US$700 million to a company linked to fugitive Low Taek Jho (Jho Low), the court heard on Wednesday.

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<p>Farm Price Holdings Bhd on Wednesday began taking orders from investors for its initial public offering (IPO) on the ACE Market to raise up to RM32.4 million.</p>

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<p>Rakuten Trade said NationGate Holdings Bhd may extend its upward trajectory after breaking out from its one-month rectangular pattern on Tuesday.</p>


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<p>Shares of DXN Holdings Bhd surged on Wednesday to its highest in more than a month as analysts continued to urge investors to buy the stock after the health supplement company’s fourth-quarter (4Q) results.</p>


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<p>Global shares rose on Tuesday, with investors on Wall Street focused on earnings reports from the US megacaps, and the yen tumbled to multi-year lows against the dollar and the euro.</p>


<p>Bursa Malaysia remained in positive territory at the midday break on Wednesday, supported by continuous buying in selected heavyweight counters, especially in the telecommunications and media sectors.&nbsp;</p>


<p>Bursa Malaysia opened higher on Wednesday, tracking Wall Street's upbeat overnight performance, as confidence was buoyed by a spate of solid corporate earnings that many see as a precursor of those from the mega caps which will be reported over the next few days, said an analyst.</p>


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<p>Haily Group Bhd shares continued their uptrend on Wednesday to a near all-time high, after the construction outfit won a RM109.5 million contract for terrace houses in Pontian, Johor.</p>


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<p>One of the world’s busiest land checkpoints is set to become less congested as Malaysians travelling to Singapore on factory buses will be able to clear immigration through QR code.</p>


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<p>RHB Retail Research said Censof Holdings Bhd is observing a technical breakout after climbing above the 26.5 sen immediate resistance on surging trading volume.</p>


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<p>This was supposed to be the year that Vietnam reaped the benefits from one of its largest natural gas discoveries.</p>


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<p>Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is the entity that is bidding to acquire SriLankan Airlines, and if it materialises, will raise its own capital for the acquisition, according to chief executive officer Tan Sri Tony Fernandes.</p>
