Archived News

01/03/2014 (Bernama) - Sime Darby Bhd is still on track to achieve its key performance indicator (KPI) of RM2.80 billion net profit for financial year ending June 30, 2014, says President/Group Chief Executive, Tan Sri Mohd Bakke Salleh.

01/03/2014 (Bernama) - Malaysian construction and plantation companies should tap the huge business and trade opportunities in the Philippines, which recorded strong economic growth of 7.2 per cent last year, says its President Benigno S. Aquino III.

01/03/2014 (Hindu Business Line) - The bullish trend in edible oils continued on Friday, taking cues from the global palm and soya oil futures. However on the domestic futures market, soya oil declined on increased selling pressure. Concern over Malaysian palm oil data and unfavourable weather kept stockists away from fresh bulk bet, said a Mumbai-based broker.

13/03/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday.

28/02/2014 (Reuters) - Malaysian palm oil futures ended lower on Thursday as investors booked profits after the previous day's gains, but concerns over unfavourable weather squeezing supplies curbed losses and kept prices near a 17-month high.

28/02/2014 (Bernama) - Bilateral trade between Malaysia and the United Arab Emirates (UAE) is expected to surge this year, said Malaysian External Trade Development Corp (Matrade).

28/02/2014 (Bloomberg) - Malaysia will start a futures contract for refined, bleached and deodorized palm olein in 2014 so that refining margins can be hedged, according to the head of the country’s derivatives exchange.

28/02/2014 (Borneo Post) - The state government has set a target of 25 per cent of its 12.4 million hectares’ land mass for various agricultural purposes.

28/02/2014 (The Star) - Plantation stocks were mostly higher at midday on Thursday with IOI Corp among the gainers as investor interest perked up after crude palm oil prices for third-month delivery rose above RM2,800.

28/02/2014 (The Star) - Despite lower crude palm oil (CPO) prices, plantation giant Felda Global Ventures Holdings Bhd (FGV) posted a sterling 129.05% growth in net profit for the final quarter of last year to RM498.67mil from RM217.71mil a year earlier on fair value adjustments.

28/02/2014 (Hindu Business Line) - Crude palm oil (CPO) prices have firmed in recent days because of an unanticipated combination of weather concerns in parts of the world (mainly Brazil) and potential supply disruption, occurring at a seasonally low production time for CPO.

27/02/2014 (AgWeb.com) - What happens in China and South America is crucially important to the future of U.S. soybean farmers, but it’s not just Brazil or even soybeans alone that farmers need to have on their radar. A major developing story across the Pacific in Indonesia is the rapid-fire growth in palm oil production.