Archived News

23/05/2014 (Antara News) - The bilateral relations between Indonesia and Jordan are very sound and complement each other, stated Jordanian Ambassador to Indonesia Walid Al-Hadid.

23/05/2014 (Economic Times) - Farmers in India are likely to boost the amount of land devoted to growing soybeans by up to 4 per cent in the crop year that begins in July, as they look to profit from a rally in prices for the oilseed, an industry body said.

23/05/2014 (NST) - Plantation giant Felda Global Ventures Holdings Bhd (FGV) is considering selling more than US$1 billion (RM3.21 billion) of dollar-denominated exchangeable Islamic bonds (sukuk), said three people with knowledge of the deal.

23/05/2014 (Borneo Post) -Sarawak-based marine engineering and infrastructure specialist Hock Seng Lee Bhd (HSL) has recorded net pre-tax profit of RM22.03 million on the back of revenue of RM116.03 million for the first quarter of 2014

22/05/2014 (Reuters) - Malaysian palm oil futures fell for the fourth straight day on Wednesday, dropping to a more than four-month low after weak Chinese edible oil markets and a stronger ringgit triggered technical selling.

22/05/2014 (Bernama) - The oil palm industry will continue to be important to the Malaysian and Sabah economies, as the industry is projected to contribute an estimated RM200 billion to Malaysia's export value by 2020, about three times the current value.

22/05/2014 (Bernama) - Kuala Lumpur Kepong Bhd's (KLK) pre-tax profit for the second quarter ended March 31, 2014, surged 49.2 per cent to RM424.4 million from RM284.6 million in the same quarter last year.

22/05/2014 (The Star) - Boustead Plantations Bhd will launch its initial public offering (IPO) next week, amid a recent slump in crude palm oil (CPO) prices that may dampen investor demand for the oil palm grower.

22/05/2014 (Daily Express) - Felda Global Ventures Holdings Berhad (FGV) via its subsidiary Felda Palm Industries Sdn Bhd (FPI) continues to spearhead best practices in sustainability with the launch of its Biogas Power Plant worth RM14 million at its palm oil mill in Felda Umas, here, Tuesday.

22/05/2014 (Reuters) - Indian oilseeds and soyoil futures slipped on Wednesday, tracking weak cues from Malaysian palm oil futures. Analysts expect the oilseeds futures to continue to fall in the next session as well.

22/05/2014 (The Star) - Plantation-based Batu Kawan Bhd and its 46.57%-owned Kuala Lumpur Kepong Bhd (KLK) posted sharply higher earnings in their second quarter ended March 31, buoyed by the cyclical recovery in palm oil prices since the end of last year.

21/05/2014 (Reuters) - Malaysian palm oil futures stretched their losing streak into a third day on Tuesday, hitting their lowest in more than four months as a firm ringgit prompted some investors to liquidate positions, although positive export data checked losses.