Archived News
24-03-2015
Argentina Keen to Invest in Sabah: Ambassador
24/03/2015 (Daily Express) - Argentina is keen to identify business investment opportunities in Malaysia, particularly Sabah, due to the stability and business friendliness of the State government.
23-03-2015
VEGOILS-Market Factors to Watch March 23
23/03/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
23-03-2015
Crude Palm Oil Weekly Report – March 21, 2015
23/03/2015 (Borneo Post) - Malaysian palm oil futures edged lower on Friday to 2,155, due to weak export data, however losses were limited as the weakening ringgit supported the price.
23-03-2015
Palm Loses Ground in India to Cheapest Soybean Oil Since ‘08
23/03/2015 (Bloomberg) - India, the world’s largest importer of cooking oils, will buy more soybean and sunflower oil this year than ever before as a global glut weakens prices and prompts buyers to switch from palm oil.
23-03-2015
Use Of Nanohybrid Biocomposite Reduces Cost Of Building Fish Cages
23/03/2015 (Bernama) - The use of nanohybrid biocomposites made from oil palm empty fruit bunch fibre, and padi dust and husk fibre can save up to 30 per cent of the cost of making fish cages for aquaculture breeding.
23-03-2015
Belgium Pledges to Review 'No Palm Oil' Label
23/03/2015 (The Star) - The new EU Food Information for Consumers Regulation (FIC), which came into effect on Dec 13, 2014, has completely transformed the debate on the “No Palm Oil†labels. The new FIC Regulation has confirmed beyond doubt that the “No Palm Oil†labels are illegal, and have started being denounced accordingly.
23-03-2015
Bambang Says the Country Invites More Investments From Malaysia
23/03/2015 (The Star) - Indonesia’s Finance Minister Bambang Brodjonegoro (pic) is banking on bold policy reforms to attract fresh capital investment from overseas, as President Joko Widodo seeks to wean the country off reliance on primary commodity exports.
23-03-2015
Indonesia Plans Levy of $50/T on Crude Palm Exports Instead of Tax Threshold Cut
23/03/2015 (Reuters) - Indonesia will impose a levy of $50 a tonne on exports of crude palm oil when prices fall below a threshold triggering a monthly tax on shipments overseas, the chief economics minister said.
23-03-2015
Liberia: GVL Constructs Palm Mill
23/03/2015 (AllAfrica.com) - Southern Liberia first oil palm production plant is expected to be completed in Tarjuowon, Sinoe County, by 2016, according to Virgil Magee, Head of Communications of Golden Veroleum Liberia.
23-03-2015
Edible Oils Remain Weak on Sluggish Demand; Groundnut Oil Up
23/03/2015 (Business Standard) - The wholesale oil and oilseeds market remained weak as select edible oils lost further grounds owing to subdued demand amid a weakening global trend.
23-03-2015
Activities At Karachi and Qasim Ports
23/03/2015 (Business Recorder) - The Karachi Port handled 140,393 tonnes of cargo comprising 117,322 tonnes of import cargo and 23,071 tonnes of export cargo including 5,099 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday.
23-03-2015
Indonesia’s Ley on CPO Exports Negative for Upstream Producers
23/03/2015 (The Star) - CIMB Equities Research expects Indonesia’s plan to impose a levy of US$50 a tonne on exports of crude palm oil (CPO) at the zero export tax rate to be negative for upstream producers.