Archived News

14/10/2014 (The Star) - Moody’s Investors Service believes that Sime Darby Bhd is unlikely to attain full ownership in New Britain Palm Oil Ltd (NBPOL) as government-related entities currently hold around 22% in the latter and may wish to increase their ownership interest.

14/10/2014 (Hindu Business Line) - The edible oils market witnessed thin activities in resale on Monday after the futures market turned weak.

14/10/2014 (The Star) - Plantation company TSH Resources is optimistic that its Wakuba ramet will be able to produce between 32 tonnes to 35 tonnes per hectare of palm oil yield in the near future.

14/10/2014 (The Star) - Sabah-based TSH Resources Bhd is undertaking several measures, including increasing its plantation land-bank and improving its yield, to become a high-growth company.

14/10/2014 (The Star) - Felda Global Ventures Holdings Bhd’s (FGV) voluntary conditional cash offer for Asian Plantations Ltd has become unconditional after its shareholding increased to 43.91 million shares or 93.9%.

13/10/2014 (Borneo Post) - Malaysian palm oil futures edged lower on Friday to 2,181, due to tracking falling crude oil prices and poor export data.

13/10/2014 (Bloomberg) - Malaysia’s extension of tax-free exports of crude palm oil until the year-end is intended to support prices and curb the buildup of reserves, said Plantation Industries and Commodities Minister Douglas Uggah Embas.

13/10/2014 (Jakarta Post) - Poor compliance by companies and local administrations is the major cause of the rampant forest fires in Riau, a government-sanctioned audit team has revealed.

13/10/2014 (The Establishment Post) - For economists and investors interested in Southeast Asia, it is vitally important to be informed about the state of tariffs on crude and refined resources such as crude palm oil tax. The region is lauded for its raw, export-driven trade of foods, oils, minerals, and tropically-sensitive materials. Regardless of their individual values, the trade and taxation of exported resources from Southeast Asia has a salient influence on the region’s economy.

13/10/2014 (The Star) - More than 10 oil palm farmers in Kampung Darat Air Putih here claimed to have suffered losses of between RM3,000 and RM20,000 after wild elephants ravaged their farms.

13/10/2014 (Hindu Business Line) - Edible oil maker Ruchi Soya Industries has targeted to double its turnover to ₹50,000 crore in three years, by launching new products and reaching out to untapped markets.

13/10/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.