Archived News

18/06/2013 (PublicServiceEurope.com) - Africa is widely recognised as the next frontier in agriculture expansion, offering the greatest opportunity for development and replete with underserved markets. More than 60 per cent of the world's unutilised land for agriculture is found on the continent. And the United Nation Children's Fund estimates that malnutrition among Africa's youth costs national economies some $25bn per year in lost productivity and healthcare costs. Not only are communities not producing enough food but they are also not earning enough money to fully engage in international markets.

18/06/2013 (Pakistan Today) - Pakistan High Commissioner to Malaysia Shahid Masroor Gul Kiani said Malaysian companies are seriously looking to explore business and investment opportunities in Pakistan. “We have spent the last few weeks holding a series of talks with Malaysian trade officials and captains of various industries and the response to our offer to visit Pakistan and explore possibilities of joint ventures and business collaborations has been extremely positive,” he said while commenting on the announcement by the Malaysian government to send a strong delegation of 30 Malaysian companies to participate in Expo Pakistan 2013 to be held later this year.

18/06/2013 (Bernama) - The performance of the Sabah Development Corridor (SDC), now in its second phase (2011-2015), has been encouraging, with 11 high-impact projects with an approved state government investment of RM1.7 billion being implemented, says head of state Tun Juhar Mahiruddin.

17/06/2013 (Bloomberg) - Felda Global Ventures Holdings Bhd. (FGV), the world’s third-largest manager of palm oil plantations, plans to tap its 6.2 billion ringgit ($2 billion) cash pile to expand abroad as Malaysia runs short of available land.

17/06/2013 (PRWeb.com) - Palm Republik’s recently launched Kickstarter campaign is designed to showcase a new range of eco-friendly stationery products made from sustainably produced palm paper. Derived from the waste generated by the production of palm oil, palm paper is now commercially available to manufacturers and will soon give environmentally conscious consumers an option to help lessen deforestation as the paper uses no timber fiber – making palm paper a truly tree-free paper. The campaign is performing well, having reached 60% funding after two weeks and is scheduled to end on July 3rd, 2013.

17/06/2013 (Business Recorder) - The Karachi Port handled 140,903 tonnes of cargo comprising 93,089 tonnes of import cargo and 47,814 tonnes of export cargo including 6,344 loaded and empty containers during the last 24 hours ended at 0700 hours on Saturday. The total import cargo of 93,089 tonnes comprised 33,251 tonnes of containerised cargo; 4,257 tonnes of general cargo; 4,506 tonnes of bulk cargo and 51,075 tonnes of oil/liquid cargo.

17/06/2013 (The Star) - Interested in investing in palm oil but have zero idea on how to go about it? Here are a few pointers by Datuk Dr Jessie Tang.

17/06/2013 (Borneo Post) - The US job market continues to improve with reducing jobless claims falling in continual streak. The Japanese yen rose sharply against the dollar after the Bank of Japan (BoJ) held on to monetary policy unchanged.

17/06/2013 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives were generally moving sideways with slight pull back this week as investors were taking some profits amid the plunge in global equities.

17/06/2013 (Hindu Business Line) - Select edible oil prices recovered up to Rs 100 per quintal on the wholesale oils and oilseeds market on Saturday on increased buying by vanaspati millers.

15/06/2013 (Bloomberg) - Palm oil gained for the first time in three days, paring a weekly loss, on speculation that demand may increase for the vegetable oil as a biofuel feedstock.

15/06/2013 (Bloomberg) - Benso Oil Palm Plantation Ltd., a unit of Singapore-based Wilmar International Ltd. (WIL), rose to the highest in two months as prices for palm oil gained.