Archived News

19/05/2015 (The Express Tribune) - Pakistan and Indonesia have healthy appetite for each other’s goods but, this trade potential would go to waste if the current Preferential Trade Agreement (PTA) were to serve as a blueprint for the future Free Trade Agreement (FTA), stated the Pakistan Business Council (PBC) in its latest research report.

19/05/2015 (Business Standard) - Prices of palmolein and soyabean oil were down by Rs 50 per quintal at the wholesale oil and oilseeds market today owing to slackened demand from retailers.

19/05/2015 (Alliance News) - Equatorial Palm Oil PLC Monday said its pretax loss in the first half of the year was in line with expectations after the Ebola crisis had a significant impact on its operations but said it is still in a strong position to carry out its strategy.

18/05/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday May 18.

18/05/2015 (GhanaWeb) - The Benso Oil Palm Plantation Limited made a profit after tax of 12.9 million Ghana cedis in 2014 representing 112 per cent increase over that of 2013.

18/05/2015 (East African Business Week) - Land acquisition for a $111 million (Tsh.199.8 billion) to cater for the Integrated Oil Palm Project in Ruvu Basin Coast region near Dar es Salaam Tanzania is being processed.

18/05/2015 (India Times) - The hike in diesel prices is likely to push up the prices of vegetables and other eatables in the state. The mandis in Jaipur and other prominent cities of the state receive vegetables, fruits and pulses from other parts of the country. "It will depend on truckers' association as to how much transportation cost they will increase after diesel price hike," said Radheshyam Phatak, president of Rajasthan Fruits and Vegetable Traders' Association.

16/05/2015 (Bernama) - Felda Global Ventures Holdings Bhd (FGV), the world's largest producer of crude palm oil, is collaborating with the Energy Research Centre of the Netherlands (ECN) to create high-quality fuel pellets.

18/05/2015 (Borneo Post) - Malaysian palm oil futures were pressured lower on Friday to 2,189, as the price eased further from its five-week highs recorded earlier in the week, but strong export data provided support.

18/05/2015 (Reuters) - Indian soybeans futures rose on Friday on thin supplies in spot markets and on concerns below-normal monsoon rains may adversely affect the oilseed's output, while rapeseed eased on a drop in Malaysian palm oil prices.

18/05/2015 (New Straits Times) - Oil palm plantation companies in Sarawak which are not involved in logging have had their bank accounts frozen by the Malaysian Anti-Corruption Commission (MACC).

18/05/2015 (The Guardian Nigeria) - Chief Mark Anthony Dike is the President of Chartered Institute of Taxation of Nigeria. In this interview with Temiloluwa Adeoye, he emphasized the need for Nigerians to pay tax to boost government income in the face of uncertainty in the oil and gas sector.