Archived News

16/01/2015 (Economic Times) - India's free trade agreement (FTA) in services and investments with 10-member ASEAN Grouping will come into force from July this year, paving the way for freer movement of professionals and further investment opportunities.

16/01/2015 (Jakarta Post) - A new regulation set to take effect in April will require exporters of the country’s key commodities to use letters of credit (L/C) in their overseas shipments, a move that will help generate a reliable record of export earnings.

16/01/2015 (Alliance News) - DekelOil Public Ltd Thursday said it has awarded a turnkey contract for the construction of a kernel crushing plant at the Ayenouan palm oil project in the Ivory Coast to Modipalm Engineering Sdn Bhd.

15/01/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

15/01/2015 (Bernama) - India's vegetable oil imports, both edible and non-edible, in December 2014 increased by seven per cent, or 1,139,586 tonnes, compared with 1,067,709 tonnes in December 2013.

15/01/2015 (The Guardian) - Palm oil has long been produced in Africa on small-scale, diversified plantations. A report on palm oil, published last year by the NGO Grain, notes that tens of millions of people in Africa, most of them women, rely on this native tree for food and livelihoods. But the landscape is changing.

15/01/2015 (Jakarta Post) - Indonesian exporters are gearing up to boost overseas sales as the government has set an ambitious export-growth target at a time when the global economic outlook remains bleak.

15/01/2015 (Reuters) - The Karachi Port handled 133,345 tonnes of cargo comprising 91,985 tonnes of import cargo and 41,360 tonnes of export cargo including 4,282 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 91,985 tonnes comprised of 26,631 tonnes of containerised cargo; 22,625 tonnes of general cargo; 15,634 tonnes of bulk cargo: 12,900 tonnes of coal; 2,734 tonnes of soda ash and 27,095 tonnes of oil/liquid cargo.

15/01/2015 (Reuters) - France's increased limit on food-based biofuels in transport fuel could raise logistic and supply costs as it threatens to split the European single market for fuels, lobby groups for the car and oil industries said on Monday.

15/01/2015 (Bloomberg) - Palm oil imports by India dropped in December for the first time in six months as stockpiles in the world’s biggest buyer climbed to a record.

15/01/2015 (Bloomberg) - PepsiCo Inc. dismissed as a "stunt" a social-media video posted by environmental activists challenging the snack maker's reliance on palm oil in Doritos

15/01/2015 (The Ecologist) - In November 2014, the newly inaugurated President Joko Widodo acknowledged the threat unregulated plantation expansion poses to Indonesia's natural heritage, stating: "It must be stopped. We mustn't allow our tropical rainforest to disappear because of monoculture plantations like oil palm."