Archived News

05/06/2014 (The Star) - Local sukuk issuance will likely see steady annual growth of around 10% over 2014 and 2015 from US$33bil issued last year.

04/06/2014 (Reuters) – The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

04/06/2014 (Reuters) - Indonesian palm oil firm PT Sinar Mas Agro Resources and Technology Tbk is considering a rights issue or an initial public offering next year to comply with a new stock exchange regulation, a company executive said on Tuesday.

04/06/2014 (The Star) - Sarawak Oil Palms 'Buy' Call Maintained

04/06/2014 (The Sun Daily) - TSH Resources Bhd, which fresh fruit bunch (FFB) production stood at 543,000 metric tonne in 2013, expects the group's FFB production to grow at a compounded rate of 20% over the next three years.

04/06/2014 (Borneo Post) - A promising production outlook is pegged for Sarawak Oil Palms Bhd (Sarawak Oil Palms) for financial year 2014 (FY14) despite registering unexciting first quarter (1Q) earnings.

04/06/2014 (Business Recorder) - The Karachi Port handled 266,259 tonnes of cargo comprising 222,699 tonnes of import cargo and 43,560 tonnes of export cargo including 2,111 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 222,699 tonnes comprised of 33,313 tonnes of containerised cargo; 5,639 tonnes of general cargo; 65,457 tonnes of coal and 118,290 tonnes of oil/liquid cargo.

04/06/2014 (Hindu Business Line) - Bearish futures markets and lack of physical demand dragged edible oils prices on Tuesday. In Mumbai, groundnut oil dropped by ₹10 for 10 kg, while palmolein, rapeseed and cotton refined oil declined by ₹3 on higher selling.

04/06/2014 (IPS) - Modern biofuels have become a fact of life, part of a quest for more cost-effective and environmentally sustainable businesses and lifestyles. But to be truly sustainable, biofuel production must strike a balance between its benefits and its potential hidden costs, between energy security and food security.

04/06/2014 (Hindu Business Line) - Environment activists say that Indonesia’s rainforests are disappearing at a rate of more than nine Olympic swimming pools a minute to make way for increased palm oil production. Nordic consumer goods giant Orkla, which also owns MTR Foods, is committed to stopping any deforestation that is caused while producing the palm oil it uses in its products.

04/06/2014 (Bernama) - Hong Leong Investment Bank (HLIB) expects Boustead Plantations Bhd's (BPB) core net profit to jump 74.7 per cent to RM119.9 million this year on higher average crude palm oil (CPO) price assumption of RM2,700 per metric tonne.

04/06/2014 (The Star) - Crude palm oil (CPO) futures contracted on Bursa Malaysia Derivatives to below the RM2,400-per-tonne mark yesterday, the lowest since October last year, as market sentiment was spooked by reports of domestic palm oil inventories likely breaching two million tonnes by year-end.