Archived News

21/05/2015 (ANTARA News) - Palm oil production has increased in line with consumption and has surpassed the global GDP growth, thereby indicating that the global palm oil market will continue to grow, Indonesia Credit Rating Agencys (ICRAs) analyst stated.

21/05/2015 (Bernama) - TH Plantations Bhd expects its crude palm oil (CPO) production to reach 948,000 tonnes this year compared with 788,000 tonnes in 2014, driven by maturing plantations.

21/05/2015 (Confectionery Production) - The Roundtable on Sustainable Palm Oil (RSPO) is working on voluntary guidelines aimed at further enhancing the existing standard’s requirements on issues such as deforestation, peatland development and indigenous people’s rights.

21/05/2015 (Bernama) - Dolphin International Bhd, headed for listing on the Main Market of Bursa Malaysia on June 9, will utilise more than 50 per cent of the RM31.28 million it expects to raise from its Initial Public Offering (IPO), for factory expansion and working capital.

21/05/2015 (Reuters) - Palm oil plantation company PT Sawit Sumbermas Sarana Tbk plans to buy two smaller palm oil firms in Central Kalimantan worth more than 1 trillion rupiah ($76 million), the Investor Daily reported, quoting CEO Rimbun Situmorang.

21/05/2015 (AllAfrica.com) - When news broke last Thursday that the Asian Oil Palm giant Golden Veroleum Liberia had signed a US$20.984M contract for the construction of its Oil Palm Mill in Sinoe County, the south-eastern region shook awakening to the dawning of a new era in the agriculture sector of post-war Liberia.

21/09/2015 (Borneo Post) - Smallholders have welcomed a proposed pilot independent palm oil mill project at Sungai Laong, where they have been invited to be among the shareholders.

20/05/2015 (Financial Times) - The impact of China’s slowing economy is depressing export earnings across the developing world, not only from countries that rely on commodity production but increasingly also from manufacturing exporters that have hitherto enjoyed buoyant demand.

20/05/2015 (Reuters) - Malaysian palm oil futures slipped for a third session to their lowest in more than a week, tracking declines in competing oil markets.

20/05/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday May 20.

20/05/2015 (AllAfrica.com) - Establishing a Grade-1 construction firm or negotiating a deal with a Chinese construction firm - both in four weeks - are the options for the businessman who had Prime Minister Hailemariam Desalegn laying a foundation stone last week for what is claimed to be a seven billion Birr investment on 14 new factories.

20/05/2015 (Jakarta Globe) - The Singaporean government has called on financial institutions operating in Southeast Asia to exercise caution in funneling funds to palm oil producers, saying scrutiny on the sector continues to intensify with recurring problems in transboundary haze.