Archived News

21/07/2014 (The Star) - A local research house is upbeat on the outlook of the timber sector going forward, maintaining its “Buy” recommendation on three Sibu-based companies.

21/07/2014 (Reuters) - Golden Agri-Resources Ltd, the Singapore-listed holding company of crude palm oil producer PT Sinar Mas Agro Resources and Technology (SMART), has invited Spain-based Compania Espanola de Petroleos (Cepsa) to produce and sell fatty alcohol, Director Jesslyne Widjaja said in a statement to Singapore Stock Exchange.

21/07/2014 (Borneo Post) - As the palm oil industry in Sarawak continues to be an important contributor to the state’s economic growth, the industry can also be an added source of energy for the state, says Sarawak Oil Palm Plantation Owners Association (Soppoa).

21/07/2014 (StarAfrica.com) - The Malaysian palm oil company, Sime Darby, has broken grounds for the construction of a $10 million palm oil factory in Liberia, the management told APA on Friday. Speaking at the ceremony, according to the Liberia News Agency Friday, the Deputy General Manager of Sime Darby, Rosli Mohammed Taib, said the decision to construct the mill was in fulfillment of the agreement the company signed with the Liberia Government in 2010.

21/07/2014 (Jakarta Post) - Palm oil stakeholders have voiced mixed reactions over a new regulation that now allows palm oil firms to claim some production costs from sales tax.

21/07/2014 (The Star) - The FBM KLCI was down at midday on Monday, dragged by losses in Petronas-linked stocks on lack of buying interest due to the ongoing global geopolitical concerns but Public Bank rebounded from last Friday's selling.

21/07/2014 (Hindu Business Line) - Edible oils market bounced back from the lower level on Friday, tracking higher closing of Malaysian palm oil futures. On the Bombay Commodity Exchange, palmolein declined by ₹1, as local refineries cut prices.

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.