Archived News
05-10-2018
Long-term demand to offset weaker prices for palm oil, says Moody's
KUALA LUMPUR: Moody's Investors Service sees crude palm oil (CPO) prices expects a pick up in demand in the long run to offset the weak prices as consumption continues to grow.
05-10-2018
CIMB sees Malaysia palm oil reserves rising slightly in September
KUALA LUMPUR (Oct 4): Inventories est. +0.4% m/m and +24% y/y to ~2.5m tons at end of September amid rising production, CIMB regional head of agribusiness Ivy Ng says in Oct 3 report.
05-10-2018
EU denies proposed ban on palm oil importation
The European Union (EU) has denied the proposed ban on palm oil importation from Nigeria to the union.
05-10-2018
Palm oil continues rising spree
KUALA LUMPUR: Malaysian palm oil futures rose more than 1 per cent on Thursday evening, charting a third straight session of gains, as they tracked overnight strength in US soyoil and drew support from a weaker ringgit.
05-10-2018
Experts to Deliver Palm Oil Business Outlook at Int`l Conference
TEMPO.CO, Jakarta - Several experts and commodity analysts will deliver outlook of the world palm oil business at the 2018 International Palm Oil Conference (IPOC) held from Oct 31 to Nov 2 in Nusa Dua, Bali.
05-10-2018
Malaysia’s palm oil giant Sime Darby mulling ESG bond, local investors ready, says sustainability chief
KUALA LUMPUR - Malaysia’s biggest plantation company Sime Darby is exploring an ESG (environmental, social, and governance) bond issuance tied to the United Nations’ Sustainable Development Goals (SDGs), chief sustainability officer Dr. Simon Lord told Salaam Gateway on Wednesday.
05-10-2018
Canada relieved trade deal done, won't forget Trump attacks
TORONTO — U.S. President Donald Trump vowed to make Canada pay after Prime Minister Justin Trudeau said he wouldn't be bullied in trade talks. Trump called Trudeau "weak" and "dishonest." He threatened tariffs on cars and slapped them on steel.
05-10-2018
US blacklists Turkish firm for trade with North Korea
WASHINGTON — The United States on Thursday blacklisted a Turkish company and two executives for allegedly attempting to circumvent sanctions prohibiting sales of weapons and luxury goods to North Korea.
05-10-2018
Eonmetall to manage palm fibre oil extraction plants for Felda
PETALING JAYA: Eonmetall Group Bhd image: https://cdn.thestar.com.my/Themes/img/chart.png has inked a deal to manage palm fibre oil extraction plants at selected mill locations for Felda Holdings Bhd.
04-10-2018
Malaysian palm oil/Vegoils: Market factors to watch Thursday Oct 4
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Oct 4.
04-10-2018
Market observers spell out prerequisites for Malaysia to return as Asian tiger
KUALA LUMPUR: Enhanced technology, a strong workforce and critical technical skills are among the requisites needed for Malaysia to roar once again as one of the “Asian Tigersâ€, trailing the path of the awakened “Sleeping Dragonâ€.
04-10-2018
Short and skinny oil palms to boost world’s most-used edible oil
KUALA LUMPUR (Oct 4): Plant scientist Meilina Ong Abdullah treads between neat rows of young palms and points to a petite variety that she says may help revolutionize a US$19 billion Malaysian export crop.