Archived News

02/04/2015 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) is targeting a ratio of over 60 per cent young oil palm tree cultivation by 2020, the Dewan Rakyat was told Wednesday.

02/04/2015 (Bernama) - Boustead Plantations Bhd will expand its landbank by another 20 per cent within two to three years from the current 83,400 hectares, says vice chairman, Tan Sri Lodin Wok Kamaruddin.

02/04/2015 (Jakarta Post) - The government has offered flexibility for exporters who still cannot comply with the obligatory use of letters of credit (L/C), which took effect starting from Wednesday.

01/04/2015 (Reuters) - Malaysian palm oil futures edged down on Tuesday as traders took profits after a rally the day before and after Indonesia kept its palm oil export tax at zero for April.

01/04/2015 (Bloomberg) - Archer-Daniels-Midland Co., a global supplier of agricultural commodities, has pledged to curb deforestation that results from the farming of soybeans and palm trees.

01/04/2015 (FOOD Magazine) - CHOICE’s latest food labelling research has found 70 percent of Australians want clearer palm oil labelling.

01/04/2015 (Bernama) - Xinghe Holdings Bhd, has entered into a strategic partnership with Arab Supplier Fabrication And Retail Sdn Bhd (Asfar), to enable both companies to become the main edible oil supplier in Jordan, the Middle East, Africa, Europe and South East Asia.

01/04/2015 (tce today) - Malaysian palm oil planter Genting Plantations is to spread downstream with plans to build a 300m ringgit (US$82m) refinery in Sabah.

01/04/2015 (Business Standard) - Weak conditions prevailed at the wholesale oils and oilseeds market in the national capital today with select edible oils, led by groundnut mill delivery and mustard expeller, declining by Rs 100 per quintal owing to fall in demand from mills as well as retailers.

01/04/2015 (Reuters) - Indonesia, home to the world's third-largest tropical forests and a powerful palm oil industry, will extend a ban on forest clearing, a government official said on Wednesday.

01/04/2015 (MindaNews) - The Mindanao Development Authority (MinDA) identified 959,000 hectares of lands as potential areas for oil palm investments.

01/04/2015 (Reuters) - The following factors are likely to influence Malaysian other vegetable oil markets.