Archived News

President Joko “Jokowi” Widodo met with his Chinese counterpart Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in Port Moresby, Papua New Guinea, on Saturday.

- Asia-Pacific leaders failed to agree on a communique at a summit in Papua New Guinea on Sunday for the first time in their history as deep divisions between the United States and China over trade and investment stymied cooperation.

Six Greenpeace activists have reportedly been detained by the captain of tanker Stolt Tenacity for staging a rally against forests destruction, particularly in Indonesia, the world’s largest producer of palm oil.

PROTECTING the palm oil industry does not get any easier, does it?

The United Arab Emirates (UAE) and Pakistan on Sunday reaffirmed their commitment to strengthening their historical ties and boosting cooperation in various fields.

KOTA KINABALU: Sabah is still in pursuit of Roundtable on Sustainable Palm Oil (RSPO) and complementing it with the Malaysian Palm Oil Association (MSPO) certification, said Chief Minister Datuk Mohd Shafie Apdal.

KUALA LUMPUR: Bursa Malaysia is expected to stay flat in quiet trading next week, as the country will be celebrating a public holiday next Tuesday in conjunction with Prophet Muhammad's birthday.

BANGKOK: Malaysian palm oil futures fell about 1 percent on Friday, heading for an eighth session of declines in nine, due to rising inventories.

China, the largest importer of soybean, is likely to open its door for the oilseeds from India following a tariff war with the US. Beijing had recently allowed India to export non-basmati rice, rapeseed and raw sugar to meet its growing demand.

PORT MORESBY (Reuters) - The United States and China swapped barbs over trade, investment and regional security at an Asia Pacific Economic Co-operation (APEC) summit on Saturday, as growing fault lines among members suggested little prospect of consensus at the weekend meeting

MUMBAI: India's 2018/2019 palm oil imports dropped 6.4 percent from a year ago to 8.7 million tonnes as rupee depreciation and a credit crunch dented refiners' ability to buy overseas, a leading trade body said on Thursday.

A palm oil supplier to PepsiCo, Mars, Hershey and Johnson & Johnson has resumed clearing intact forest in West Papua, Indonesia, despite pressure by other major companies, many of which have since severed ties with the producer. The deforestation triggered a series of automatic alerts by Global Forest Watch, a satellite monitoring system operated by the World Resources Institute (WRI).