Indonesian President Prabowo Subianto has directed prosecutors to file criminal charges against companies defying a government task force cracking down on illegal forest operations. The move comes as the body seizes millions of hectares of land and collects hundreds of millions in fines.
An investigation reveals Indonesian companies accused of palm oil fraud supplied European energy giants Eni and Neste, casting doubt on biofuel sustainability claims and oversight mechanisms.
Shareholders in the sustainable palm oil producer have been richly rewarded over a five-year horizon, with dividends playing a key role in the impressive total return, even as market sentiment appears cautious.
The Federal Court has reinstated a six-year prison sentence for Mohamad Isa Abdul Samad, the former chairman of Felda, overturning a previous acquittal. The ruling marks a significant moment in Malaysia's ongoing anti-corruption efforts.
The Malaysian palm oil and renewable energy player has rewarded long-term shareholders with a total return of 137% since 2019, significantly outperforming the broader market, though recent momentum shows signs of moderation.
Indonesia secures a significant reduction in U.S. import duties, with palm oil and other major exports gaining tariff-free access, marking a pivotal shift in bilateral economic relations amid regional competition.
Amidst a backdrop of global market uncertainty, we spotlight three penny stocks with market capitalizations below US$200 million. These companies, spanning digital entertainment in China, hydrogen energy technology, and Thai palm oil, present a mix of financial resilience and strategic positioning that could appeal to risk-tolerant investors seeking overlooked opportunities.
Despite a steady rise in earnings per share, Genting Plantations Berhad (KLSE:GENP) has seen its share price plummet 46% over the past five years, leaving long-term shareholders questioning their holdings. We delve into the disconnect between performance and market sentiment.
Shares of Malaysian plantation giant SD Guthrie Berhad have climbed 6.6% in three months. A closer look reveals robust financial metrics, particularly a standout Return on Equity, driving the rally and outpacing industry peers.
JAKARTA — Indonesia’s trade surplus widened to $3.32 billion in March, the highest since September, even as exports fell on an annual basis, official data showed Monday.
Agricultural commodities surged, with soybean oil posting its longest winning streak since 2008, as Middle East conflict disrupts fertilizer trade, elevates freight costs, and bolsters biofuel demand amid soaring crude prices.
As millions embark on Eid journeys, Indonesia's new administration faces a fiscal tightrope walk. Soaring global oil prices, driven by Middle East tensions, threaten to overwhelm fuel subsidies and derail economic plans.
The humble potato chip, once a symbol of affordable indulgence, has seen its price soar nearly 50% in a decade. A complex mix of climate-driven crop stress and global supply chain disruptions is behind the sticker shock, testing consumer loyalty and forcing snack giants to reconsider pricing strategies.
Global food prices hit a six-month high in March, driven by energy costs linked to Middle East tensions. The UN agency warns sustained conflict could force farmers to cut back, threatening future harvests and locking in higher prices through 2025.
A newly inked trade agreement between the United States and Indonesia deepens Washington's access to critical minerals essential for clean energy, while securing a major market for American fossil fuels. The deal marks a strategic pivot in U.S.-Indonesia relations and offers a template for Washington's economic engagement across Southeast Asia.
A landmark trade agreement between the United States and Indonesia reshapes economic ties, granting Washington greater access to critical minerals while locking in Indonesian purchases of American fossil fuels. The deal, seen as part of broader U.S. efforts to counter Chinese influence and secure supply chains, offers Jakarta tariff relief on key exports but raises questions about its climate commitments.
Thailand's vital fishing industry, a key export sector, is facing paralysis as spiraling diesel costs linked to Middle East tensions force boats to remain docked. Fishermen warn of imminent shutdowns without state intervention, risking a $7 billion trade.
Despite bearing the brunt of costly natural disasters, Asia-Pacific remains the world's least insured region, with a staggering $64 billion protection shortfall in 2024 alone, threatening economic stability and vulnerable communities.
A commanding 66% insider ownership at CB Industrial Product Holding Berhad (KLSE:CBIP) aligns management's fortunes directly with shareholders, raising questions about governance and future direction in Malaysia's industrial sector.
IOI Corporation Berhad's shares have dipped 1.7% over the past quarter, with lackluster financial fundamentals—particularly a modest Return on Equity and flat earnings growth—casting doubt on its near-term trajectory. Analysts point to high dividend payouts as a potential growth inhibitor.
