SINGAPORE (Apr 8): Indonesia and Malaysia plans to boost biodiesel mandates for domestic consumption to blunt the impact from unfavourable trade barriers on palm oil. The higher mandates are expected to absorb a total biodiesel consumption of 8.7 million tonnes this year, up 35% from last. The addi...

SINGAPORE (Apr 8): Indonesia and Malaysia plans to boost biodiesel mandates for domestic consumption to blunt the impact from unfavourable trade barriers on palm oil. The higher mandates are expected to absorb a total biodiesel consumption of 8.7 million tonnes this year, up 35% from last. The addi...

SINGAPORE (Feb 28): Maybank Kim Eng and RHB Research are maintaining their “buy” and “neutral” ratings on Bumitama Agri with higher target prices of 97 cents and 67 cents, respectively. This comes after the oil palm plantation company concluded FY18 with earnings of $125 million, down 9% y-...

BUMITAMA Agri Ltd has recorded a net profit of 207.37 billion rupiah (S$20 million) for the fourth quarter ended Dec 31, 2018, down 43 per cent from 363.61 billion rupiah the year before. This was due to the weakening of the agriculture commodity prices, especially during the last quarter of...

THE following companies saw new developments that may affect trading of their shares on Tuesday:

SINGAPORE (Feb 26): Palm oil producer Bumitama Agri reported 4Q18 and FY18 financial performance were impacted by the weakening of the agriculture commodity prices, especially in the latest quarter. However, the increase in sales volume was more than sufficient to offset the drop in selling prices ...

SINGAPORE (Jan 31): UOB Kay Hian is maintaining a “market weight” rating on the regional plantation sector given the lack of catalysts to drive share price performance as well as expected weak upcoming 4Q18 earnings. In a Tuesday report, analyst Leow Huey Chuen says, “Any sell-down on weak 4Q...