Archived News

21/01/2014 (Jakarta Post) - State-owned electricity firm PT Perusahaan Listrik Negara (PLN) will increase the use of palm oil to feed its power plants, to reduce its dependence on fossil fuels.

21/01/2014 (Reuters) - Indonesian shares rose 0.36 percent by midday, in line with regional indexes and boosted by palm oil and property stocks.

21/01/2014 (Bloomberg) - Palm oil fell for the first time in four days on concern that a cut in Indonesian export tax may reduce demand for supplies from Malaysia.

20/01/2014 (Borneo Post) - Malaysian palm oil edged up on Thursday (the last trading day for the week) and settled at 0.91 per cent, while a seasonal drop in production is likely to cut excess supplies. However, gains were capped by weak demand.

20/01/2014 (Bernama) - Pakistan and Malaysia will review the current free trade agreement next month to boost the bilateral trade volume, which is currently in Malaysia's favour, says Malaysian High Commissioner to Pakistan Dr Hasrul Sani Mujtabar.

20/01/2014 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) is aiming to increase its revenue contribution from overseas operations by 20 per cent this year.

20/01/2014 (Bloomberg) - Palm oil climbed to the highest level in almost two weeks on speculation that a weakening Malaysian currency will boost demand for ringgit-denominated futures and stem a decline in exports.

20/01/2013 (Sun.Star) - DELIMA Oil Products Sdn Bhd (Delima Oil), a subsidiary of Felda Global Ventures Holdings Berhad (FGV) based in Malaysia, launched over the weekend the entry of its food products in the Philippine market, with Cebu as the pilot area.

20/01/2014 (The Star) - How credible are the European green groups if they have been receiving funding from the European Union to further its own cause?

20/01/2014 (Hindu Business Line) - Malaysian palm oil futures on Bursa Malaysia Derivatives Exchange ended higher on Friday, as a result of seasonal drop in production. Gains, however, were capped by weak demand. There was additional support for the palm oil market from the soya complex, which rose on strong demand for US stocks. The market fell to its lowest in more than two months on Monday amid concerns over weak demand.

18/01/2014 (The News International) - Pakistan has imported 2.2 million tons edible oil in the calendar year ended December 31, 2013 from Malaysia and Indonesia, an official of Malaysian Palm Oil Council (MPOC) said on Thursday.

18/01/2014 (The News International) - Malaysian palm oil futures gave up early gains on Wednesday, hovering near their weakest in more than two months as falling exports stoked fears about a build-up in inventory in the world´s second-largest producer.