Archived News

China forced Australia to abandon a planned free trade agreement with Taiwan because it wanted to isolate the island’s pro-independence president Tsai Ing-wen, according to former foreign minister Julie Bishop.

Oil price volatility, escalating Middle East geopolitical risk and trade war have fuelled the need for Malaysia to diversify its economy, economists said

This is a sequel to “Warfare in defence of palm oil” published last week

Malaysian palm oil futures fell to their lowest level in more than a week with a second consecutive day of losses on Wednesday, tracking U.S. soyoil losses on the Chicago Board of Trade (CBOT).

Teresa Kok has asked Datuk Seri Najib Tun Razak to “stop confusing people” on Malaysian palm oil exports following the 14th general election, saying that he should look at the bigger picture instead of nitpicking.

To avert catastrophic climate change, fossil fuel emissions must be cut, but energy demand is tipped to rise by 45 percent from 2013 levels in 2040, according to the International Energy Agency. Under a business-as-usual scenario, this would prompt a 40 percent rise in carbon dioxide emissions, making the need for renewable energies more pressing than ever.

Gold and silver prices dropped on Wednesday as subdued demand for precious metals turned soft.

Malaysian palm oil futures hit their highest in three days on Tuesday before falling in the evening on declines in global markets and expectations of rising October production.

There is still room to grow Malaysia’s palm oil exports to China given the continuous increase in demand and consumption, says Primary Industries Minister Teresa Kok.

Japanese motor supplier Nidec said on Tuesday that it will move some production out of China, joining Panasonic and other companies, including Chinese ones, in an exodus to Southeast Asia and Mexico over concerns that U.S. tariffs will undercut the competitiveness of the Made-in-China model.

The imports of edible oil into the country like soyabean and palm during first quarter of financial year 2018-19 reduced by 70.47 percent and 4.82 percent respectively as compared the corresponding period of last year.

China has cleared the ban on Indian rapeseed meal. As long as Indian companies comply with Chinese regulations, they can export it.