Archived News

29/05/2013 (Business Recorder) - The Karachi Port handled 76,209 tonnes of cargo comprising 57,011 tonnes of import cargo and 19,198 tonnes of export cargo including 2,314 loaded and empty containers during the last 24 hours ended at 0700 hours on Tuesday. The total import cargo of 57,011 tonnes comprised 15,616 tonnes of containerised cargo; 2,018 tonnes of general cargo; 11,536 tonnes of bulk cargo: 3,955 tonnes of DAP; 7,581 tonnes of rock phosphate and 27,841 tonnes of oil/liquid cargo.

29/05/2013 (Jakarta Globe) - A man running a business on a main road in Balikpapan, East Kalimantan, was recently slapped with a fine after destroying a tree that he considered a nuisance to his business.

28/05/2013 (Reuters) - Malaysian palm oil futures rose to their highest in more than 1-1/2 months on Monday, on optimism that stocks could ease further, although investor caution curbed gains.

28/05/2013 (The Star) - While Malaysia fought admirably to topple the anti-palm oil campaigns such as the Nutella Tax proposal in France and the palm oil labelling issue in Australia last year, more smearing campaigns instigated by Western NGOs and green activists are set to crop up this year.

28/05/2013 (Hindu Business Line) - Indigenous edible oils continued to decline while the undertone in imported oils remained steady on Monday despite extended gain in Malaysian palm oil futures. The volume was thin and isolated due to slack demand. Morale was steady, said sources.

28/05/2013 (SBWIRE) - Palm Oil Consumers Action today launched its micro stock watch of American companies that use palm oil in their products.

28/05/2013 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1600 GMT.

28/05/2013 (Malaya) - Up to 30 percent of large import commodities now in the market—from rice to oil, light bulbs to such agriculture products as vegetables and palm oil to cars—are smuggled, according to the European Chamber of Commerce of the Philippines (ECCP).

28/05/2013 (Economic Times) - Crude palm oil prices marginally up by Rs 1.40 to Rs 475.90 per 10 kg in futures trade today as speculators created fresh positions amid pick-up in demand in spot markets.

28/05/2013 (The Star) - Consumer counter Yee Lee Corp Bhd has allocated RM36mil for its capital expenditure this year to expand its business while continuously looking to add products to its distributorship portfolio.

27/05/2013 (The Star) - Nearly 300 guests attended a special evening forum whereby the menu was not just good Chinese cuisine, but a solid diet of three lectures delivered by experts in the field of palm oil nutrition.

27/05/2013 (Bernama) - Tawau is set to benefit from the Palmex International Exhibition and Conference 2013 (Palmex Malaysia 2013), which it will host from June 11-13.