Archived News

18/07/2014 (Nasdaq) - The global palm oil market is taking a beating from forecasts of record soybean and corn crops this year, as prices of the world's most widely-used vegetable oil have hit nine-month lows.

18/07/2014 (Business Recorder) - Two ships C.V CMA CGM Strauss and M.T Chemroad Vega carrying containers and palm oil were allotted berths at Qasim International Container Terminal and Multi Purpose Terminal respectively at Port Qasim on Wednesday, 16th July.

18/07/2014 (Mizo News) - Indonesia has double the deforestation rate in Brazil and has become the largest destroyer of forests housing some of the world’s most endangered species.

18/07/2014 (The Sun Daily) Malaysia faces a challenge in its goal to get US$160 billion (RM510.26 billion) in investments from China by 2017 due to the unstable global economic situation, said Malaysia-China Chamber of Commerce (MCCC) president Datuk Bong Hon Liong yesterday.

18/07/2014 (Jakarta Post) - State-owned electricity company PT PLN said on Thursday that it had not received the biodiesel needed to fuel its power plants and meet the government’s mandatory policy of using cheaper renewable energy sources.

18/07/2014 (AllAfrica.com) — The Angolan minister of Industry, Bernarda Gonçalves Martins, visited Thursday the works underway in the Fútila Industrial Hub and Wheat Flour Milling in Malembo, northern Cabinda province.

18/07/2014 (Reuters) - Malaysia, the world's second-largest palm grower, has kept its crude palm oil export tax for August at 5 percent, a government circular showed on Friday, the same as a month ago.

17/07/2014 (Bernama) - It is with great pleasure we announce the SATREPS Launching Ceremony and Workshop to be held in Kota Kinabalu, Sabah on 18th July, 2014. The event serves as an official kick-off of the project, with the launching ceremony and workshop organized to officiate and promote the project amongst all stakeholders including the participating agencies, Sabah State Government, palm oil millers, investors and public at large.

17/07/2014 (Bernama) - Felda Global Ventures Holdings Bhd (FGV), the world's largest palm oil producer, plans to list potential companies under its six clusters on Bursa Malaysia.

17/07/2014 (FoodNavigator.com) - A new sustainable palm oil scheme has met with criticism from environmentalists claiming that it actually allows deforestation, rather than stopping it.

17/07/2014 (Bernama) - Bursa Malaysia's Main Market debutante, Tanah Makmur Bhd, made a commendable entry today amid a broadly quiet trading by gaining 52 per cent at the close of midday session to end at RM1.90.

17/07/2014 (eco-business.com) - The overlooked impact of unsustainable management of palm oil plantations on water quality combined with El Niño-associated drought could lead to a ‘perfect storm’, warn United States researchers.