Archived News

11/08/2014 (The Star) - In school, we learnt that vitamins are an essential part of our diet.

11/08/2014 (Bernama) - The Ministry of Plantation Industries and Commodities will station Malaysian Palm Oil Board (MPOB) officers at oil palm mills to curb theft of fresh fruit bunches (FFBs) from palm oil plantations in the state.

11/08/2014 (Indonesia Investments) - Indonesia’s gross domestic product (GDP) growth in the first half of 2014 reached 5.17 percent (year-on-year), thus continuing the slowing growth trend that has been recorded by the country since 2011. Forecasts for GDP growth in the second half of 2014 indicate a slight improvement (to the range of 5.2 to 5.3 percent year-on-year) supported by strong household consumption, increased government spending and further growth of the trade and services sector. However, in recent quarters the official GDP figure has been lower than most forecasts.

09/08/2014 (Reuters) - Malaysian palm oil futuresdropped to a one-year low on Friday with the market on track fora fifth week of declines in six as expectations of higherproduction pressured prices.

09/08/2014 (Indonesia Investments) - It remains difficult for Indonesia to achieve oil production targets that are set by the Indonesian government. In fact, it is unlikely that Indonesia will meet this year’s revised oil lifting target of 818,000 barrels of oil per day (bpd) as set in the Revised 2014 State Budget. In the first half of 2014, Indonesia recorded an oil production rate of 797,000 bpd only. For almost two decades, Indonesia’s oil sector has been in a state of decline, evidenced by falling production rates, due to a lack of investments and aging oil fields.

09/08/2014 (Reuters) - Singapore's Wilmar International, the world's largest palm oil processor, expects China's palm oil imports will be affected in the short term as a crackdown on the commodity financing trade curbs speculative imports.

09/08/2014 (Business Standard) - Edible oil prices firmed up to Rs 100 per quintal at the wholesale oils and oilseeds market today on increased buying by vanpaspati millers and retailers to meet the festive season demand

09/08/2014 (Borneo Post) - Jaya Tiasa Holdings Bhd’s (Jaya Tiasa) log production for the first half of 2014 (1H14) declined by 5.9 per cent year on year (y-o-y) to 482,064 metric tonnes, a possible signal of dry weathers affecting productivity this year.

09/08/2014 (Phys.Org) - The process of burning fossil fuels such as petroleum, coal and natural gas releases huge amounts of carbon dioxide into the atmosphere. The effect of this carbon dioxide emission into our atmosphere is causes global warming. It is crucial to develop alternative renewable fuel sources which are sustainable, cost effective and environmental friendly. These elements would increase fuel sustainability, security and reduce the adverse effects related to fuel combustion. Biomass based fuels is gaining popularity as an alternative to fossil fuels.

09/08/2014 (Channel News Asia) - Commodities firm Wilmar International said on Thursday (Aug 7) that it has continued to focus on engaging stakeholders with regard to its "No Deforestation, No Peat, No Exploitation Policy". This policy was announced in December 2013.

09/08/2014 (Tehran Times) - The health minister on Monday confirmed a report that there is palm oil in high fat milk and asked citizens to avoid full fat dairy products.

09/08/2014 (The Star) - Malaysia's trade surplus narrowed to RM4bil in June from RM4.3bil in the same month last year after imports grew faster than exports.