Archived News
22-03-2023
Soyabean, palm oil imports increased by 148.67pc, 9.87pc in eight months
ISLAMABAD-The imports of edible oil including soyabean and palm oil into the country during the first eight months of the current financial year increased by 148.67 percent and 9.87 percent, respectively, as compared to the imports of the corresponding period of last year.
22-03-2023
MPOB, Tsinghua varsity to conduct research on using palm biodiesel in vehicle engines
KUALA LUMPUR: The Malaysian Palm Oil Board (MPOB) is collaborating with Tsinghua University in China to conduct research on field studies using palm biodiesel in Chinese-made vehicle engines.
21-03-2023
VEGOILS-Palm drops to over five-week low on weaker rival oils, stronger ringgit
20/03/2023 (Nasdaq), Jakarta - Malaysian palm oil futures dropped for a third straight session on Monday to their lowest in more than five weeks, tracking weakness in rival vegetable oils and a stronger ringgit.
21-03-2023
Telangana: Palm oil cultivation to be increased to 2 lakh acres
20/03/2023 (The Siasat Daily), Hyderabad - Telangana agriculture department is set to increase the area under palm oil cultivation to 10 lakh acres in the next four years and plans to cultivate palm oil in 2 lakh acres in the year 2023-24.
21-03-2023
West Kalimantan, palm oil companies cooperate to build roads
20/03/2023 (Antara News), Pontianak - The Provincial Government of West Kalimantan continues to strengthen collaboration with palm oil plantation companies to build provincial-status roads by signing an agreement to maintain these roads.
21-03-2023
Huge untapped potentials in Malaysia-Turkiye’s trade, investment
20/03/2023 (The Malaysia Reserve) - THERE is a huge untapped potential in trade and investment between Turkiye and Malaysia.
21-03-2023
Malaysia’s trade up 11% in February, exports expand 10%
20/03/2023 (Free Malaysia Today), Petaling Jaya - Malaysia’s February trade data remained on an upward trajectory with double-digit year-on-year growth of 11% to RM204.99 billion.
20-03-2023
Red alert over proliferation of adulterated palm oil in markets
Experts have raised concern over the proliferation of adulterated palm oil across markets in the country.
20-03-2023
Indonesia, Norway agree to enhance economic cooperation
Jakarta (ANTARA) - The Indonesian and Norwegian authorities have agreed to enhance cooperation in various aspects of the economic sector, including through the Indonesia–European Free Trade Association Comprehensive Economic Partnership Agreement (Indonesia–EFTA CEPA) agreed upon in 2018.
20-03-2023
Palm posts second weekly loss on lower rival oils
JAKARTA: Malaysian palm oil futures fell for two consecutive weeks on Friday to the lowest in six weeks, tracking weakness in soyoils, although strong export data limited losses.
20-03-2023
Edible oil price heats up despite significant global drop
The price of palm and soybean oil has dropped drastically by at least Tk200-250 per maund in the international market in the past two and a half months, but the commodity is still selling at a higher rate in the domestic market.
20-03-2023
Sime Darby man named chairman of palm oil board
KUALA LUMPUR: The ministry of plantation and commodities has appointed Sime Darby Plantation Bhd group managing director Helmy Othman Basha as chairman of the Malaysian Palm Oil Board (MPOB) from Feb 1.