Archived News

01/06/2013 (Jakarta Post) - The Philippine government has offered the Indonesian government 12,000 hectares of land in Mindanau Island to be developed into a oil palm plantation by the latter\'s state-owned company.

01/06/2013 (Business Recorder) - The Karachi Port handled 105,446 tonnes of cargo comprising 67,902 tonnes of import cargo and 37,544 tonnes of export cargo including 4,483 loaded and empty containers during the last 24 hours ended at 0700 hours on Thursday. The total import cargo of 67,902 tonnes comprised 38,965 tonnes of containerised cargo; 7,006 tonnes of general cargo; 11,659 tonnes of bulk cargo: 4,273 tonnes of DAP; 7,386 tonnes of rock phosphate and 10,272 tonnes of oil/liquid cargo.

01/06/2013 (Bloomberg) - Palm oil advanced, posting the first monthly gain in four, on speculation that stockpiles in Malaysia may decline for a fifth month as output drops in the second-largest producer.

01/06/2013 (Bernama) - Bilateral trade between Malaysia and Africa is expected to hit US$15 billion over the next three years from US$8.5 billion recorded last year.

31/05/2013 (Reuters) - Malaysian palm oil futures edged down on Thursday, slipping from a two-month high hit the day before as weaker overseas markets and slower demand for commodities weighed on the tropical oil, and as investors booked profits.

31/05/2013 (Bloomberg) - Palm oil declined from a seven-week high as crude oil traded near the lowest price in four weeks, cutting the appeal of vegetable oils as biofuel feedstock.

31/058/2013 (Broadway World) - Top Secret Nutrition has built its reputation by designing and marketing unique, industry leading and effective nutritional supplements of the highest quality. Concentrated Red Palm Oil Plus Safflower Oil supplement for Weight Loss and Wellness is the latest innovation from the Top Secret labs.

31/05/2013 (Bernama) - The Malaysian Biotechnology Corp Bhd (BiotechCorp) and International Clean Energy and Sustainability Network of Singapore will co-host the second Biogas Asia-Pacific Forum.

31/05/2013 (Business Times) - The revised criteria for certified palm oil is a move in the right direction although it may be hard to satisfy every vested interest in the sector, said a senior official with the Roundtable on Sustainable Palm Oil.(RSPO)

31/05/2013 (Bloomberg) - To environmentalists, Indonesia is the home of developers who clear virgin rain forests, destroy the habitat of orangutans, and contribute to global climate change. But on May 13, Indonesia extended a policy of keeping virgin rain forest off-limits to the palm oil industry, a main driver of deforestation.

31/05/2013 (Hindu Business Line) - Palmolein declined by Rs 3 on Thursday on increased selling pressures in resale by speculators to fulfil advance commitments amid bearish futures markets.

31/05/2013 (The Star) - Investing in Oriental Holdings Bhd is no longer as compelling due to the stock's rich valuations in a backdrop of falling Honda sales and lower crude palm oil (CPO) prices.