Archived News

13/02/2014 (Bloomberg) - Palm oil advanced to the highest level in more than five weeks on speculation that stockpiles in Malaysia will shrink as production declines in the world’s second-biggest supplier.

13/02/2014 (Jakarta Post) - This year will mark the 10th year since the introduction of the Roundtable of Sustainable Palm Oil (RSPO) to the world. It has not been a smooth ride with regard to bridging some seemingly contradictory concepts, balancing environmental protection with economic performance, corporate governance and social responsibility.

13/02/2014 (Jakarta Post) - Being the world’s largest palm-oil producer, Indonesia has tried to convince global consumers that its agricultural products are grown and cultivated through sustainable processes.

13/02/2014 (Bloomberg) - Palm oil climbed to the highest level in six weeks on speculation that overseas demand may improve as dry weather hurt soybean crops in South America.

12/02/2014 (Reuters) - Malaysian palm oil futures ended lower on Tuesday, falling for the first time in five sessions as a bout of profit-taking weighed, with prices further pressured by the end of a rally in overseas soy markets.

12/02/2014 (Business Recorder) - Palm oil prices are expected to climb for a second straight year in 2014, as strong demand from the biofuel industry soaks up supplies and curbs exports from top producers of the tropical oil, a Reuters poll showed.

11/02/2014 (Hindu Business Line) - Malaysian palm oil futures on Bursa Malaysia Derivatives ended higher on Monday, after data from industry regulator Malaysia Palm Oil Board showed palm oil stockpiles fell by 2.6 per cent month-on-month in January-end to 1.93 million tonnes (mt). A weaker ringgit against the dollar also aided the uptrend.

12/02/2014 (Bernama) - Malaysia and Pakistan will review the free trade agreement (FTA) between both countries by month-end, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

12/02/2014 (Bernama) - Sabah Women, Family and Community Development Minister Datuk Azizah Mohd Dun wants Borneo Samudera, a state government agency, to upgrade the milling capacity of its palm oil plant in Kampung Lumadan, Beaufort.

12/04/2014 (Bloomberg) - Siat NV, a Belgian palm-oil company, is turning to rubber output after lower prices for its main product eroded earnings.

12/02/2014 (Jakarta Globe) - It has been three years since Indonesia’s biggest palm oil producer, Golden Agri Resources, committed to their Forest Conservation Policy. Since then the company, with help of The Forest Trust and Greenpeace, developed a new approach to protect forests in its concessions, while maintaining its position as a viable plantation company.

12/02/2014 (Solomon Star) - The recent heavy rains in the country have created setbacks for businesses and communities throughout Guadalcanal.