Archived News

19/06/2013 (Jakarta Post) - As part of its large-scale expansion plan, agriculture company PT Sampoerna Agro is planning to start cultivating its new 14,000-hectare plantation by the end of this year.

19/06/2013 (Channel News Asia) - An Indonesian official said Singapore and Malaysia share some of blame for the haze that has raised air pollution to "unhealthy" levels. The accusation was levelled at Singapore and Malaysian palm oil companies which he said also use the "slash and burn" method of clearing land.

18/06/2013 (Reuters) - Malaysian palm oil futures ended higher on Monday, after data showed exports rose in the first 15 days of the month as buyers stocked up ahead of the Muslim holy month of Ramadan, although gains were capped by uncertainty in the global markets.

18/06/2013 (Hindu Business Line) - Sentiment in edible oils ruled slightly firm on Monday taking cues from higher Malaysian palm oil futures. Palmolein rose by Re 1. The progress of monsoon across the country is giving a fillip to sowing of kharif crops, including oilseeds, capping price rise.

18/06/2013 (Hong Kong Standard) - Smog from forest fires in Indonesia stayed at unhealthy levels in Singapore today as the two neighbors blamed each other for the seasonal problem.

18/06/2013 (Bloomberg) - Palm oil shipments from Indonesia, the world’s biggest producer, probably advanced for the first time in four months in May on increasing demand for the Muslim fasting month of Ramadan. Prices climbed to a three-month high.

18/06/2013 (Bloomberg) - Palm oil jumped to the highest level in almost three months on speculation that exports from Indonesia and Malaysia, the top producers, may increase ahead of the Muslim fasting month of Ramadan.

18/06/2013 (The Express Tribune) - Malaysian companies were seriously looking to explore business and investment opportunities in Pakistan, said High Commissioner of Pakistan to Malaysia Shahid Masroor Gul Kiani, while commenting on the announcement of the Malaysian government to send a 30-strong delegation to participate in Expo Pakistan to be held later this year.

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.