Archived News
04-05-2018
New Indonesian envoy prioritizes economic diplomacy with South Africa
The newly inaugurated Indonesian ambassador to South Africa, Kingdom of Lesotho, Kingdom of Swaziland and Botswana Republic, Salman al-Farisi, says economic diplomacy will be at the top of his agenda during his diplomatic mission in the continent.
04-05-2018
Abolishing GST will lead to dire consequences
The opposition’s goal to abolish the Goods and Services Tax (GST) will cause the government to lose a huge income stream.
03-05-2018
Malaysian palm oil/Vegoils: Market factors to watch Thursday May 3
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday May 3.
03-05-2018
Malaysian palm oil price pares gains after early rise as strength in related oils eases
Malaysian palm oil futures rose on the back of a weaker ringgit in its early session on Wednesday, but pared gains in the second half of trade as strength in related edible oils eased.
03-05-2018
Environmentalist Porritt questions Iceland Food's palm oil ban
British environmentalist Sir Jonathon Porritt has questioned Iceland Food's decision to ban the use of palm oil in the British food retailer's own brands in a bid to help stop deforestation in Southeast Asia and other palm oil countries, as it is 'an almost entirely meaningless gesture'.
03-05-2018
Palm oil may fall more into 2,315-2,338 ringgit range
Palm oil may fall more into a range of 2,315-2,338 ringgit per tonne, driven by a wave c.
03-05-2018
Hacking sustainability for smallholder palm oil farmers
Winners of the first Grow Asia Hackathon in Singapore dreamt up messaging app-based solutions to encourage smallholder palm oil farmers to adopt more sustainable agricultural practices.
03-05-2018
Palm oil supplier to food giants clears forest, peatland in Indonesia, Greenpeace says
GREENPEACE has released video evidence that a palm oil supplier for several major food companies has destroyed rainforest in Indonesia.
03-05-2018
Crude palm oil futures up 0.42% on spot demand
Crude palm oil prices were up 0.42 per cent to Rs 643.30 per 10 kg in futures trade today as speculators indulged in enlarging positions amid a firm demand at the spot market.
03-05-2018
Trade tensions crimp U.S. soybean sales to China: Bunge CEO
U.S. soybean sales to China ground to a halt after Beijing threatened tariffs on imports, the CEO of agricultural trader Bunge Ltd said on Wednesday, the latest sign of mounting trade tensions upsetting the global flow of commodities.
03-05-2018
Palm pares gains after early rise as strength in related oils eases
Malaysian palm oil futures rose on the back of a weaker ringgit in its early session on Wednesday, but pared gains in the second half of trade as strength in related edible oils eased.
03-05-2018
Soyabean oil weakens on sluggish demand
New Delhi, May (2) Soyabean oil prices declined by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today owing to slackened demand.