Archived News

27/01/2015 (Bernama) - Malaysian palm oil products fell 17.7 per cent from Jan 1-25, 2015 vis-a-vis Dec 1-25 last year on poor demand from the biggest consuming countries.

27/01/2015 (Jakarta Post) - Standard Chartered Bank says that it is cautiously optimistic over Indonesia’s growth in 2015, citing improvements in the current account and the latest global developments triggered by European Central Bank’s (ECB) stimulus program.

27/01/2015 (Agprofessional.com) - Corn futures are struggling against short-term resistance. Corn futures surged in response to very good export news last Friday, but the nearby March contract failed to top resistance associated with its 10-day moving average.

27/01/2015 (WebWire) - Neste Oil has been selected for the ninth time for inclusion in The Global 100 list of the world’s most sustainable companies. In 2015, the company ranks 31st on the list.

26/01/2015 (Borneo Post) - Malaysian palm oil futures edged lower on Friday to 2,227, the lowest since December, due to worries over the global economy. However, the easing of the monsoon weather had limit losses.

26/01/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

26/01/2015 (East African Business Week) - Not long ago, Peter Kiguta, the Director General for Customs and Trade at the East African Community Secretariat in Arusha, suggested Partner States can increase trade amongst themselves by simply eliminating non-tariff barriers (NTBs). The quicker the better.

26/01/2015 (The Guardian Nigeria) - Abdul Oroh is the Edo State Commissioner for Agriculture and Natural Resources. In this interview with FEMI ADEKOYA, he sheds more light on efforts by the state government to exploit opportunities in the agricultural sector, especially in a bid to drive the nation’s diversification agenda, while attracting new investments to the state.

26/01/2015 (DAWN.com) - The cooking oil industry is struggling to sustain the growth momentum that had set in after the establishment of new manufacturing units in 2011-12. Power outages, liberal imports of foreign brands of edible oil and informal production are a challenge to the industry’s ability to expand output.

26/01/2015 (THISDAY Live) - The swift crash of crude oil per barrel in the international market to $43.5 should not only be a wake-up call to the Nigerian government on the need to revamp the other sectors of the economy, especially the crude palm oil sector. This can be done by increasing the internal and local production which will help meet up with the internal demand of the product and subsequently boost the export of the commodity.

26/01/2015 (Bernama) - The deferment of the electricity and gas tariff hike will give some relief to businesses grappling with higher costs, Alliance DBS Research said today.

26/01/2015 (The Star) - The prices of television sets, refrigerators, air conditioners, electric irons, hair dryers, diapers and soft drinks are expected to come down with the introduction of the Goods and Services Tax (GST).