Archived News

07/10/2013 (Hindu Business Line) - Malaysian Palm oil future s technical analysis outlook for the week ended 270913

07/10/2013 (Indonesia Investments) - The government of Indonesia will be firm to convince the international community at the Asia- Pacific Economic Cooperation (APEC) forum to place crude palm oil (CPO) - including its derivative products - and rubber on the APEC Environmental Goods List (EG List). In the APEC ministerial meeting in Surabaya (East Java), last April, Indonesia failed to include these products on the list. However, the government will continue its lobby during the current APEC meeting by stressing that these products are environmentally friendly.

07/10/2013 (Visayan Daily Star) - Members of Defend Patrimony, an ecumenical group in Negros, is opposing the entry of an American based firm planning to put up a palm oil tree plantation in Brgy. Carabalan, Himamaylan City, Negros Occidental.

07/10/2013 (The Star) - From safety airbags to your little black dress and matching stockings, nylon has been a popular synthetic material since its invention in the 1930s.

07/10/2013 (Indonesia Investments) - Although the Asia-Pacific Economic Cooperation (APEC) CEO Summit meetings have not finished yet, there are already some interesting results. As has been reported previously, the Indonesian government will release another economic policy package in October. One new policy involves the revision of Indonesia's negative investment list (which lists sectors that are either wholly or partially closed to private foreign and/or domestic investment). Another positive result involves the APEC Environmental Goods List (APEC EG List).

05/10/2013 (Reuters) - Malaysian palm oil futures edged up on Friday, lifted by overnight U.S. soyoil markets, but trade was muted as investors waited for an industry report on stocks and output volume in the world's second-largest producer.

05/10/2013 (Hindu Business Line) - Barring cotton refined oil, which rose by Rs 3 for 10 kg, all other edible oils declined on Friday by Rs 3-5 due to slack demand, higher selling pressure and weak futures.

05/10/2013 (The Nation) - Federal Minister for National Food Security and Research, Sikandar Hayat Khan Bosan on Thursday said that Pakistan and Malaysia have vast potential for collaboration in the fields of agriculture and livestock. Bosan stated this while talking to High Commissioner of Malaysian to Pakistan, Dr. Hasrul Sanibin Mujtabar, when the letter called on the minister here at minister’s office.

05/10/2013 (Economic Times) - The Cabinet Committee on Economic Affairs ( CCEA) has approved the implementation of the National Mission on Oilseeds and Oil Palm (NMOOP) during the 12th Plan Period with financial allocation of Rs.3507 crore.

05/10/2013 (Jakarta Post) - Indonesia plans to employ all its lobbying efforts to gain wide approval from fellow Asia-Pacific Economic Cooperation (APEC) members for its latest proposal to study products for reduced tariffs and to gain sufficient support to make the upcoming World Trade Organization (WTO) meeting a success.

05/10/2013 (The Star) - Palm oil on the European vegetable oils market firmed on Friday, tracking Malaysian palm oil futures, which again were following a hike in CBOT soyoil on bargain buying and a slowdown in the U.S. soybean harvest due to rains.

05/10/2013 (The Star) - Felda Global Ventures Holdings Bhd (FGV) is in talks to optimise and possibly raise its 49% stake in Felda Holdings Bhd (FHB), the world’s No. 1 crude palm oil (CPO) producer by volume, according to president and CEO Mohd Emir Mavani Abdullah.