Archived News

11/05/2015 (Borneo Post) - Malaysian palm oil futures edged lower on Friday to 2,162, due to investors profit taking before the weekend and the Malaysian Palm Oil Board (MPOB) releasing its report this coming Monday, coupled with weakness in competing oil markets.

11/05/2015 (Hellenic Shipping News Worldwide) - China imported 5.31 million tonnes of soybeans in April, down 18.3 percent from a year ago after a truck strike in early March in Brazil, the world’s top exporter, delayed shipments.

11/05/2015 (The Star) - A comprehensive plan is being drawn up for the sustainable use of land in Sabah’s interior that is about 10 times the size of Penang island.

11/05/2015 (Borneo Post) - Wilmar International Ltd (Wilmar) reported net profit of US$241.2 million which represents a 39.9 per cent decline on a quarterly comparison, but an increase of 22.8 per cent year on year (y-o-y).

11/05/2015 (Eco-business.com) - The Roundtable for Sustainable Palm Oil (RSPO) on Wednesday ordered Singapore-based palm oil giant Golden Agri-Resources to prove that its operations on a controversial concession in Indonesia have adhered to their rules on environmental and socially responsible practices.

11/05/2015 (Daily Express) - The people of Sabah are urged to seize job and business opportunities in the oil palm industry as the State government seeks to industrialise and value-add to the sector. "(These opportunities) are literally in your backyard," said Silam Member of Parliament Datuk Nasrun Datu Mansur. "If you are not, then try to make sure that your next generation do not miss out."

11/05/2015 (NASDAQ) - Malaysia's April crude palm-oil production and end-month stockpiles rose from the previous month, the Malaysian Palm Oil Board said Monday.

08/05/2015 (Bernama) - Malaysia registered the 209th consecutive month of trade surplus in March 2015, in widening to RM7.82 billion from the RM4.52 billion recorded in February, the Ministry of International Trade and Industry (MITI) said.

08/05/2015 (Bernama) - Indonesia's palm oil export levy will have a short-term negative impact on Malaysian plantation companies, but expected to boost the crude palm oil (CPO) price and plantation profits in the longer term, said Affin Hwang Investment Bank Bhd Thursday.

08/05/2015 (Bernama) - The Incorporated Society of Planters (ISP) hopes government would give due consideration and more attention to oil palm planters following the impact of the Goods and Services Tax (GST) on the sector as they are among the major taxpayers in the country.

08/05/2015(Bernama) - The European Union's (EU) economic recovery has further enhanced Malaysia-EU trade, said Malaysia External Trade Development Corporation (Matrade) Chief Executive Officer Datuk Dr Wong Lai Sum.

08/05/2015 (Reuters) - Singapore-based Wilmar International Ltd on Thursday said net profit jumped 49 percent in the first quarter as strong earnings at its oilseeds and grains business offset losses in other segments, including the company's sugar segment.