Archived News
08-10-2018
Trade Minister Invites Palm Oil Producers to Fight against Negative Campaigns from Europe
JAKARTA, NNC - The Minister of Trade Enggartiasto Lukita invited palm oil producers to work together against negative campaigns in various countries, especially in the European Union.
08-10-2018
China pumps $109 billion into economy as trade war against US bites on growth
China's central bank said on Sunday that it was cutting the reserve requirement ratios (RRRs) by one per cent from October 15 which will inject a net USD 109.2 billion in cash into the banking system, amid a deepening trade war with the US that has increased pressure on growth in the world's second-largest economy.
08-10-2018
Palm oil snaps winning streak on rising production outlook
KUALA LUMPUR: Malaysian palm oil futures closed lower on Friday, as rising production dented sentiment and ended three sessions of gains.
08-10-2018
The signing of FTA will open a new avenue for Bangladeshi goods in the Latin American country
On Sunday commerce Minister Tofail Ahmed said Brazil is willing to sign a Free Trade Area (FTA) agreement with Bangladesh to boost bilateral trade between the two countries.
08-10-2018
Lessons From an ’80s Trade War
An extra two grand for a Harley Hog because of steel tariffs? We can’t be wimps in the world of trade, but tariff wars are never good.
08-10-2018
Struggling toy industry braces for next round in US-China trade war
New York (CNN Business)Tough times for the toy industry could turn downright miserable next year if the trade war keeps escalating.
08-10-2018
Investments in sustainable palm oil seem futile
PETALING JAYA: Investments into sustainable palm oil seems to be futile in the face of strengthening anti-palm oil lobby in the European Union (EU) presently, said Primary Industries Minister Teresa Kok.
08-10-2018
Malaysia palm oil stocks seen edging down from seven month high
KUALA LUMPUR: Malaysia’s palm oil stocks likely edged down in September from seven-month highs in August as shipments from the world’s No.2 exporter of the commodity outpaced production-growth for the month, according to a Reuters survey.
05-10-2018
Company commits to helping Sabah certify palm oil
KOTA KINABALU: Unilever - one of the world’s largest consumer goods company - is committing US$2.5 mil (RM10.3 mil) to support Sabah over the next five years in certifying palm oil according to the Roundtable on Sustainable Palm Oil (RSPO) standards.
05-10-2018
Malaysian palm oil/Vegoils: Market factors to watch Friday Oct 5
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Oct 5.
05-10-2018
Palm charts third day of gains tracking US soyoil
KUALA LUMPUR: Malaysian palm oil futures rose more than 1 percent on Thursday evening, charting a third straight session of gains, as they tracked overnight strength in U.S. soyoil and drew support from a weaker ringgit.
05-10-2018
Govt asked to reduce 5% sales tax on oil palm FFB
PETALING JAYA: Palm oil producers have asked the government to reconsider and review the imposition of a 5% sales tax on fresh fruit bunches (FFB) for the palm oil industry as they are already paying several other types of taxes.