Archived News

28/06/2013 (CosmeticsDesign-Europe.com) - Cosmetics firm Kao has announced that its Wakayama Plant passed the requisite screening and was recognized RSPO SCCS certification, following its Kashima Plant last year.

28/06/2013 (Bloomberg) - Palm oil dropped for a second day to the lowest in more than a month on speculation that demand for the commodity may weaken amid rising supplies of soybean oil.

28/06/2013 (Agrimoney.com) - The uproar over the smog blamed on the burning of Indonesian forests to clear ground for oil palm trees could prompt a clamp down on plantation groups, prompting a slowdown in output of the vegetable oil

28/06/2013 (Business Recorder) - The Karachi Port handled 52,342 tonnes of cargo comprising 24,840 tonnes of import cargo and 27,502 tonnes of export cargo including 2,242 loaded and empty containers during the last 24 hours ended at 0700 hours on Thursday. The total import cargo of 24,840 tonnes comprised 18,844 tonnes of containerised cargo; 362 tonnes of general cargo; 3,683 tonnes of soyabean meals and 1,951 tonnes of oil/liquid cargo.

28/06/2013 (Bernama) - Prime Minister Datuk Seri Najib Tun Razak is expected to further promote Malaysia-Africa ties, investment and trade when he arrives for the Global Smart Partnership Dialogue, here, tomorrow.

27/06/2013 (Reuters) - Malaysian palm oil futures fell to a 3-week low on Wednesday as investor sentiment remained fragile on weak overseas markets, although losses were capped by healthy exports and a still-weak ringgit.

27/06/2013 (Bernama) - The Sarawak Oil Palm Plantation Owners Association (SOPPOA) is on the watch out for any open burning near its estates that are likely to pose real dangers to the oil palms, mills and workers in view of the current dry spell and haze recurrence, says Chairman Paul Won.

27/06/2013 (Bernama) - Cash- rich Felda Global Ventures Holdings Bhd (FGV), with RM3.85 billion cash from its initial public offering (IPO), is evaluating 12 acquisition proposals including plantation as well as downstream businesses.

27/06/2013 (Bernama) - Sime Darby Plantations today confirmed that no fires occurred in its plantation areas in Indonesia.

27/06/2013 (Reuters) - Finnish refiner Neste Oil's chief executive said the company's renewable fuels unit was on track to post its first full-year profit in the current year.

27/06/2013 (StockMarketWire.com) - DekelOil is on track to become a major West African palm oil company, shareholders at the annual general meeting later today (27 June) will be told.

27/06/2013 (The Nation) - The cash-starved government spent $17.67 billion on oil and food imports during eleven months (July to May of 2012-13) of the outgoing financial year 2012-2013. The spending is 4.5 per cent lower if compared with spending of $18.522 billion of the corresponding period last year.