Archived News

18/11/2015 (Borneo Post) - Ta Ann Holdings Bhd’s (Ta Ann) earnings prospects remain favourable supported by its timber division and the strengthening of the US dollar.

18/11/2015 (The Star) - CIMB Equities Research said IOI Corporation Bhd 1QFY6/16 core net profit (excluding forex translation loss) accounted for 14% of its full-year forecast and 12% of consensus estimates.

18/11/2015 (Bernama) - There are great trade opportunities for Malaysia in South America, with particularly strong demand for medical devices, electrical and electronics (E&E) equipment, furniture and palm oil-based products.

17/11/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

17/11/2015 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended lower on Monday due to tepid demand amid higher production, although a weaker ringgit arrested the slide to some extent. Export data from cargo surveyors showed gains of 2-4 per cent for the first 15 days of November compared with a month before. Exports of Malaysian palm oil products for November 1-15 rose 1.8 per cent to 703,768 tonnes, cargo surveyor Societe Generale de Surveillance said.

17/11/2015 (The Hindu) - The Oil Palm Developers and Processors Association (OPDPA), the nodal body for oil palm development in India, has urged the Central Government for a long term subsidy policy to support the farmers, and a separate palm oil import policy.

17/11/2015 (Reuters) - Malaysia's Sime Darby Bhd plans to focus on improving the yields at its current palm oil plantations rather than relying on planting new areas to grow, the world's top oil palm planter by land size said on Monday.

17/11/2015 (Jakarta Globe) - Palm oil company Eagle High Plantations plans to invest up to Rp 160 billion ($1.1 million) in a new processing plant in East Kalimantan.

17/11/2015 (Confectionery Production) - GreenPalm will once again be sponsoring and exhibiting at RT13, the annual meeting of the Roundtable on Sustainable Palm Oil (RSPO), in Kuala Lumpur from 16 to 19 November.

17/11/2015 (Business Standard) - Crude palm oil remained weak and prices were down further by 1.05% to Rs 394 per 10 kg in futures market today as stockists reduced positions, taking negative cues from spot market.

17/11/2015 (New Indian Express) - Union agriculture minister Radha Mohan Singh announced to set up aquaculture institutions and a couple of agricultural research centres in the state, after an hour-long discussion with chief minister N Chandrababu Naidu and other ministers in Vijayawada on Monday.

17/11/2015 (Daily Express) - TSH Resources is upbeat on the Crude Palm Oil (CPO) front despite the lower prices and potential effects of the imminent El Nino. The confidence is based on its young trees due to attain peak production in the next three to five years.