Archived News

29/10/2015 (Biofuels Digest) - In Indonesia, all airlines operating in the country will be required to use biofuel from 2018 with the country’s transport insist on the use of palm oil and water hyacinth as feedstocks, among others.

29/10/2015 (Reuters) - Malaysian palm oil rose on Thursday for a third day in a row, boosted by a weaker ringgit and tracking other vegetable oils.

29/10/2015 (The Straits Times) - Mainboard-listed Indofood Agri Resources posted a net loss for the third quarter, due to lower commodity prices and unrealised foreign currency losses, among other factors.

29/10/2015 (Biofuels Digest) - Transport emissions can only be reduced in the 2030 timeframe by traffic efficiencies, biofuels and lower tailpipe emissions. To date the EU has not taken bold measures to pursue such avenues and any gains have been offset many times over by traffic growth. Electric vehicles comprise only a miniscule fraction of the EU vehicle fleet, sales are under 1% and even the most optimistic forecasts for sales growth would not lead to an impact until well after 2040.

29/10/2015 (Bernama) - Indonesia welcomes the attitude of Malaysia's prime minister, Datuk Seri Najib Tun Razak, who had called on Indonesian president Joko Widodo to discuss and make proposals on resolving the problems of forest and estate fires in the country.

28/10/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday October 28.

28/10/2015 (The Star) - CIMB Equities Research is negative on Jaya Tiasa’s purchase of 140 million shares, or a 9.87% stake, in its sister company, RimbunanSawit, for RM70mil cash, funded by borrowings.

28/10/2015 (GhanaWeb) - A Ghanaian firm that is promoting a new model of agriculture, B-BOVID, is on a campaign to reshape the mindset of Ghanaians towards farming and the benefits it holds for national development.

28/10/2015 (The Sun) - IOI Corp Bhd has revised downwards its fresh fruit bunch (FFB) growth to between 3% and 5% for the financial year ending June 30, 2016 (FY16), from the initial forecast of 5% to 7%, due to the prolonged hazy weather.

28/10/2015 (Daily Express) - The government will explore collaborations with relevant communities to ensure the sustainability of rural electrification systems, said Rural Development Minister Datuk Radin Maleh.

29/10/2015 (Business Standard) - Groundnut and mustard oil prices slipped by Rs 50 per quintal at the wholesale oils and oilseeds market today largely due to slackened demand from retailers.

28/10/2015 (Lanka Business Online) – Sri Lanka’s Watawala Plantations said it made a profit of 141 million rupees in the September 2015 quarter, up 354 percent, compared with 31 million rupees in the same quarter last year, supported by palm oil segment.