Archived News

30/05/2013 (Sun.Star) - South Korean investors will arrive in Davao City on June 8 to explore the possibility of investing on oil palm and cassava in Davao Region, City Agriculturist Office (CAO) chief Valente Turtur said.

30/05/2013 (The Star) - CIMB Equities Research described Felda Global Ventures' (FGV) 1Q13 as largely in line with its estimate, at 22% of its full-year forecast, but they were at 17% of consensus.

30/05/2013 (The Star) - Affin Research maintains its “Reduce” call on Genting Plantations Bhd with a target price of RM8.88.

29/05/2013 (Reuters) - Malaysian palm oil futures hit 1-1/2-month highs on Tuesday as optimism grew that a demand recovery and stagnant output would pare stocks of the edible oil.

29/05/2013 (Bloomberg) - Palm oil climbed to the highest level in almost seven weeks on speculation that stockpiles in Malaysia may drop for a fifth month as output declines in the world’s second-biggest producer.

29/05/2013 (Minda News) - Turning Mindanao into an “oil palm hub” poses a threat to the coconut industry, a research institution said in a statement Monday.

29/05/2013 (Bernama) - The agriculture sector is still the main income earner for Tawau's economy given the large amount of fertile land and numerous oil palm and cocoa plantations as well as palm oil mills.

29/05/2013 (Borneo Post) - As of April 30 this year, a total of 191,851 hectares of native customary rights (NCR) land have been cultivated with oil palm by various joint-venture companies and smallholders.

29/05/2013 (StockMarketWire.com) - Anglo-Eastern Plantations\' production of fresh fruit branches fell to 155,900mt in the three months to the end of March - 2% down on a year ago.

29/05/2013 (Reuters) - Kenanga Research raised its call on oil palm agribusiness firm IJM Plantations Bhd to "outperform" from "market perform" on a bright earnings outlook despite softening crude palm oil prices.

29/05/2013 (IPE.com) - ABP, the €292bn pension fund for Dutch civil servants, and PFZW, the €136bn scheme for healthcare professionals, have said they will remain invested in Wilmar International due to their successful efforts to engage with the controversial palm-oil company to date.

29/05/2013 (Hindu Business Line) - The undercurrent in edible oils market remained firm on Tuesday tracking firm domestic and overseas futures markets and weak Indian currency which led to import parity costly. In local market, barring palmolein which increased by Re 1 and rapeseed oil declined by Rs 3 for 10 kg all other oils ruled unchanged on slack physical demand. The volume was thin, said sources.