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The Star
5 days ago
- The Star
Police collect over RM44,000 in traffic summonses from foreigners in Padang Besar
PADANG BESAR: The Operation for Foreigners' Outstanding Summonses (OSTWA) carried out at the Padang Besar Immigration, Customs, Quarantine and Security Complex (ICQS) successfully collected compounds totalling RM44,730 within five days of its implementation starting on July 21. Padang Besar district police chief ACP Mohd Shokri Abdullah said the operation involved the cooperation of the Traffic Investigation and Enforcement Division of the Padang Besar district police headquarters (IPD) and the Traffic Investigation and Enforcement Department of the Perlis police contingent headquarters (IPK). "A total of 27 officers and personnel were involved in this operation targeting foreigners with outstanding traffic summonses. A total of 420 vehicles belonging to foreigners were inspected and as a result, 299 summonses for various offences were successfully resolved," he said at a press conference at the entrance and exit of the Padang Besar ICQS here Friday (July 25). According to Mohd Shokri, the outstanding summonses that were successfully resolved included driving over the speed limit involving 237 summonses, registration number not in compliance with regulations (25 summonses), not complying with permit conditions (17 summonses) and no driving license and several other offences (20 summonses). He said the highest collection of outstanding summonses involved a van owned by a foreigner which had 36 outstanding summonses worth RM5,780 which were fully resolved at the operation location. Meanwhile, Mohd Shokri said that from January to July this year, the Padang Besar IPD recorded 5,027 traffic summonses with 1,899 of the total having been successfully resolved, involving the total collection of summonses payment proceeds to date totalling RM183,230. - Bernama
The Sun
5 days ago
- The Sun
Police collect RM44,730 in traffic summonses from foreigners in Padang Besar
PADANG BESAR: A five-day operation targeting foreigners with unpaid traffic summonses in Padang Besar has resulted in fines totalling RM44,730 being collected. The Operation for Foreigners' Outstanding Summonses (OSTWA) was conducted at the Padang Besar Immigration, Customs, Quarantine and Security Complex (ICQS) from July 21 to July 25. Padang Besar district police chief ACP Mohd Shokri Abdullah said the operation involved 27 officers and personnel from the Traffic Investigation and Enforcement Division. 'A total of 420 vehicles belonging to foreigners were inspected, leading to the resolution of 299 summonses,' he said during a press conference at the ICQS complex. The majority of the summonses were for speeding, accounting for 237 cases. Other offences included non-compliant registration numbers (25 summonses), permit violations (17 summonses), and driving without a license (20 summonses). The highest single collection came from a foreign-owned van with 36 outstanding summonses worth RM5,780, all settled on-site. Mohd Shokri added that from January to July this year, the Padang Besar police recorded 5,027 traffic summonses, with 1,899 resolved. The total collection from these payments so far amounts to RM183,230. - Bernama
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Daily Express
18-07-2025
- Business
- Daily Express
RM1.5 million for oil palm replanting in Kudat
Published on: Friday, July 18, 2025 Published on: Fri, Jul 18, 2025 Text Size: Datuk Chan Foong Hin (second from left) officiates the groundbreaking ceremony for the new weighbridge centre owned by KPSM Kota Marudu. KUDAT: Deputy Minister of Plantation and Commodities, Datuk Chan Foong Hin, reaffirmed the Government's commitment to supporting oil palm smallholders in Kudat, Sabah by delivering over RM1.52 million in allocations. A total of RM795,780 was channelled to 10 smallholders under the Smallholder Oil Palm Replanting Financing Incentive Scheme (TSPKS 2.0) to support the replanting of old oil palm trees, covering 44.21 hectares. Advertisement The initiative helps ease their financial burden while enhancing plantation productivity and ensuring long-term income sustainability. Simultaneously, RM725,000 was allocated for the construction of two Smallholders' Plantation Access Road (JLPK) projects, covering a total of 2.3 kilometres, aimed at linking community settlements with independent oil palm plantations in the Kudat District. The projects involved are JLPK Kg. Rasak Darat Tigaman (RM225,000) and JLPK Kg. Suang Pai (RM500,000). These roads are prioritised for areas with active or newly developed plantations to improve transportation of agricultural inputs and harvested crops, ensuring better access to main roads and sales centres. 'From a logistical infrastructure standpoint, the Government, through MPOB, has also implemented assistance under the Smallholders' Plantation Access Road (JLPK) project. Priority is given to roads that connect actively cultivated or newly developed plantations managed by smallholders. 'This is to ensure the establishment of improved connectivity for nearby communities, especially in transporting agricultural inputs and delivering harvested crops to main roads and sales centres,' said Chan at the launch of the TSPKS 2.0 Programme in Kudat this morning. He also called on smallholders to actively update their personal information with the Malaysian Palm Oil Board (MPOB) to ensure timely and accurate delivery of government assistance and incentives. Meanwhile, Datuk Chan also officiated the groundbreaking ceremony (Majlis Pecah Tanah) for the new KPSM Kota Marudu Weighbridge Centre (Pusat Timbang) in Kampung Garuda, Kota Marudu. This will be the second weighbridge facility owned by Koperasi Pekebun Kecil Sawit Malaysia (KPSM) Kota Marudu Berhad. Licensed by the Ministry of Plantation and Commodities (KPK) on 17 January 2025, the facility is scheduled for completion by September 2025, with operations to commence by October 2025. Once operational, the weighbridge centre is expected to benefit around 300 smallholders in the surrounding area and is designed to handle up to 3,000 metric tonnes (MT) of Fresh Fruit Bunches (FFB) monthly. The total construction cost of RM1 million, is fully self-financed through KPSM Kota Marudu Berhad's own business profits. Additionally, the cooperative also owns a RM1 million commercial building and operates an agricultural supply business to support the needs of smallholders in the region. In line with the Government's holistic development approach, MPOB continues to strengthen its outreach through advisory services provided by its Oil Palm Extension Advisory Officers (TUNAS) and by actively organising the Mobile Service Counter Programme or Open Day. To date, 29 outreach programmes have been held across Sabah with participation from 1,455 independent smallholders. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
New Straits Times
17-07-2025
- Business
- New Straits Times
RM1.52m allocated for Kudat oil palm smallholders and infrastructure
KUDAT: The government is supporting oil palm smallholders here through RM1.52 million in allocations. Deputy Plantation and Commodities Minister Datuk Chan Foong Hin said RM795,780 was channelled to 10 smallholders under the Smallholder Oil Palm Replanting Financing Incentive Scheme (TSPKS 2.0). He said it is to support the replanting of old oil palm trees, covering 44.21ha. Another RM725,000 was allocated for the construction of two Smallholders' Plantation Access Roads (JLPK), covering a total of 2.3km, aimed at linking community settlements with independent oil palm plantations in Kudat. The road projects involved are in Kampung Rasak Darat Tigaman (RM225,000) and Kampung Suang Pai (RM500,000). These roads are prioritised for areas with active or newly developed plantations to improve transportation of agricultural inputs and harvested crops, ensuring better access to main roads and sales centres. "From a logistical infrastructure standpoint, the government, through MPOB (Malaysian Palm Oil Board), has also implemented assistance under the Smallholders' Plantation Access Road project. Priority is given to roads that connect actively cultivated or newly developed plantations managed by smallholders. "This is to ensure the establishment of improved connectivity for nearby communities, especially in transporting agricultural inputs and delivering harvested crops to main roads and sales centres," said Chan at the launch of the TSPKS 2.0 here. He also called on smallholders to update their personal information with the MPOB to ensure timely and accurate delivery of government assistance and incentives.
Focus Malaysia
09-07-2025
- Business
- Focus Malaysia
CPO prices dip on geopolitical tensions, expected to stabilise in 2026
RHB expect 2026 to be a more balanced year fundamentally, with lower year-on-year (YoY) crude palm oil (CPO) prices, but geopolitical risks will translate to more volatility. Spot CPO prices have moderated from MYR4,600-4,800/tonne in 1Q25 to a low of MYR3,780/tonne in May, only to bounce back to the current levels of MYR3,900-MYR4,100/tonne. The downward movement was mainly driven by geopolitics in the light of the US trade tariffs, wars, and crude oil prices falling, all of which pushed CPO prices in the same direction. Correlation between CPO prices and crude oil prices surged to 0.47 in Apr 2025 from -0.6 in 1Q25, and subsequently rose further to current levels of 0.68, due to raised geopolitical risks. Besides following crude oil price trends, CPO prices also followed the lead of soybean oil (SBO) prices which rose due to the recent US biofuel policy change, leading to a rise in blending targets. We expect CPO prices to remain volatile given the ever-changing geopolitical situation. Fundamentally however, global supply and demand will likely be more balanced in 2026, as supply improves, while demand should pick up given the more attractive relative prices. Supply of 17 oils and fats complex is expected to improve YoY in 2026F, coming from a partial recovery of palm, sunflower and rapeseed supplies, as well as continued growth from soybeans. Still, the stock/usage ratio of the 17 oils and fats complex is still expected to remain below the historical average of 13.6%, at 12.9% for Oct 2025/Sep 2026, albeit up from 12.7% in 2025. This leaves very little cushion in case of any short-term bullish supply or demand surprises, hence raising the risk of price volatility going forward. What does this mean for relative prices of vegetable oils and demand? Ignoring the noises from geopolitics, we expect 2026F to see: i) Muted soybean prices, due to continued strong supply in 2026F. ii) SBO prices remain supported at higher levels, due to the higher demand from increased US biofuel blending. iii) CPO prices to continue trading at a discount to SBO in the medium term (currently at USD217/tonne discount). iv) demand from price sensitive countries like India, Pakistan, Bangladesh come back. We revise down our CPO price assumptions to MYR4,100/tonne (from MYR4,300) for 2025 and to MYR4,000/tonne (from MYR4,100) for 2026 and 2027; but revise up our PK prices to MYR3,300/tonne for 2025F (from MYR2,800) and to MYR3,200/tonne for 2026F and 2027F (from MYR2,600). Post annual ESG review, we have made several changes to our ESG scores and rolled forward our valuation targets to 2026 (from 2025). All in, we downgraded two stocks to NEUTRAL – Kuala Lumpur Kepong (KLK) and Bumitama Agri (BAL), post earnings revision. —July 9, 2025 Main image: The
