Archived News
23-11-2018
DA to recommend tariffs on palm oil imports
AGRICULTURE SECRETARY Emmanuel F. Piñol is batting for tariffs on palm oil from Malaysia and Indonesia, claiming that imports have been flooding the Philippine market to the detriment of Filipino producers.
22-11-2018
Malaysian palm oil/Vegoils: Market factors to watch Thursday Nov 22
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Nov 22.
22-11-2018
RSPO’s update has no impact on Sime Darby, IOI Corp
The Roundtable of Sustainable Palm Oil’s (RSPO) update on its Principles and Criteria (P&C) is not likely to impact three of four Moody’s Investors Service rated palm oil producers, which include Malaysia’s Sime Darby Plantation Bhd (Baa1 stable) and IOI Corporation Bhd (Baa2 stable).
22-11-2018
Malaysian palm oil hits over 3-year low on weaker crude prices
Malaysian palm oil futures touched their lowest in more than three years on Wednesday, shedding gains from the previous session, as a plunge in crude oil prices dented sentiment.
22-11-2018
Do you know ... the facts on the oil palm?
The oil palm is a vital oil crop, which originates from West Africa. The oil palm is a part of Malaysian agriculture.
22-11-2018
Malaysia, Pakistan to have first bilateral consultation next year
Malaysia and Pakistan will convene their first bilateral consultation in Islamabad next year as the two countries seek to intensify engagements
22-11-2018
Countering negative claims
The Sarawak government will allocate RM5 million for the research on peat soil by the Sarawak Tropical Peat Research Institute (Tropi).
22-11-2018
Republican senators urge vote on new NAFTA deal this year
Twelve U.S. Republican Senators on Wednesday urged President Donald Trump to submit the deal to update the North American Free Trade Agreement to Congress for passage by year-end, before Democrats assume control of the House of Representatives
22-11-2018
Cabinet okays crude palm measures
The Energy Ministry is confident the entire crude palm oil surplus of 420,000 tonnes can be absorbed by next May with the three measures the cabinet approved on Tuesday.
22-11-2018
Ling optimistic CPO price will go up next year
Malaysia Palm Oil Board (MPOB) director Senator Alan Ling Sie Kiong is optimistic that the crude palm oil (CPO) price will go up next year as this commodity swings upwards in the world market.
22-11-2018
Palm up on crude oil recovery
Malaysian palm oil futures ended Wednesday's trade higher as a recovery in crude oil prices buoyed sentiment
22-11-2018
Ringgit slides as investors seek out safe havens
The ringgit retreated from Monday's gains to open lower this morning against the US dollar, as the stronger greenback curbed demand for the local unit, dealers said