Archived News

LATELY the nation has been consumed by news of the mismanagement of government-owned entities. The sad part is that such government companies were created to support the poor. The two prominent ones which have made headlines recently are Felda and Tabung Haji (TH).

Malaysia is scheduled to hold a meeting with Indonesia and Colombia in Jakarta next February to discuss the French National Assembly’s decision to exclude the use of palm oil as a biodiesel feedstock.

Primary Industries minister Teresa Kok has reiterated her call for consumers to support palm oil following the French National Assembly’s decision to exclude its use as a biodiesel feedstock.

Malaysia will mount a strong protest against the decision by the French National Assembly to exclude the use of palm oil as a biodiesel feedstock

Malaysian palm oil futures rose more than 2 percent to an eight-week high on Wednesday evening, tracking gains in U.S. soyoil on the Chicago Board of Trade and palm olein on China's Dalian Commodity Exchange.

The U.S.-China trade war is spooking potential investors in soybean crushing plants planned for Wisconsin and New York state, developers said, casting doubt on the future of a sector that had been a rare bright spot in the U.S. farm economy

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Dec 21

The Comprehensive Economic Partnership Agreement (CEPA) between Indonesia and the European Free Trade Association (EFTA) was signed on Sunday, Dec.16, 2018 in Jakarta

Malaysian palm oil futures dropped from an eight-week high on Thursday, falling as much as 1.4 percent in the second half of trade, weighed down by weaker soyoil on the U.S. Chicago Board of Trade (CBOT) and profit taking

The Solvent Extractors Association of India (SEA) has opposed any reduction in the duty on import of palm oil since it could be detrimental to the interests of farmers

China is one of the top beneficiaries of the plunge in palm oil prices this year as the country seeks to boost use of the tropical commodity in biofuel to reduce reliance on energy derived from petroleum.

Indonesia Eximbank, also known as the Indonesian Export Financing Institution (LPEI), signed on Wednesday a sharia financing agreement with plantation company PT MedcoPapua Hijau Selaras (MPHS) in an effort to boost exports of palm oil products from Manokwari, West Papua.