Archived News

17/06/2013 (PRWeb.com) - Palm Republik’s recently launched Kickstarter campaign is designed to showcase a new range of eco-friendly stationery products made from sustainably produced palm paper. Derived from the waste generated by the production of palm oil, palm paper is now commercially available to manufacturers and will soon give environmentally conscious consumers an option to help lessen deforestation as the paper uses no timber fiber – making palm paper a truly tree-free paper. The campaign is performing well, having reached 60% funding after two weeks and is scheduled to end on July 3rd, 2013.

17/06/2013 (Business Recorder) - The Karachi Port handled 140,903 tonnes of cargo comprising 93,089 tonnes of import cargo and 47,814 tonnes of export cargo including 6,344 loaded and empty containers during the last 24 hours ended at 0700 hours on Saturday. The total import cargo of 93,089 tonnes comprised 33,251 tonnes of containerised cargo; 4,257 tonnes of general cargo; 4,506 tonnes of bulk cargo and 51,075 tonnes of oil/liquid cargo.

17/06/2013 (The Star) - Interested in investing in palm oil but have zero idea on how to go about it? Here are a few pointers by Datuk Dr Jessie Tang.

17/06/2013 (Borneo Post) - The US job market continues to improve with reducing jobless claims falling in continual streak. The Japanese yen rose sharply against the dollar after the Bank of Japan (BoJ) held on to monetary policy unchanged.

17/06/2013 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives were generally moving sideways with slight pull back this week as investors were taking some profits amid the plunge in global equities.

17/06/2013 (Hindu Business Line) - Select edible oil prices recovered up to Rs 100 per quintal on the wholesale oils and oilseeds market on Saturday on increased buying by vanaspati millers.

15/06/2013 (Bloomberg) - Palm oil gained for the first time in three days, paring a weekly loss, on speculation that demand may increase for the vegetable oil as a biofuel feedstock.

15/06/2013 (Bloomberg) - Benso Oil Palm Plantation Ltd., a unit of Singapore-based Wilmar International Ltd. (WIL), rose to the highest in two months as prices for palm oil gained.

15/06/2013 (Jakarta Globe) - Environmental activists have responded with alarm to new data showing Indonesia has the third-biggest area of land in the world given over to foreign control since 2000, warning of dire implications to the country’s rainforests, wildlife and indigenous communities.

15/06/2013 (The Star) - Felda Global Ventures Holdings Bhd (FGVH) is targeting to announce several mergers and acquisitions (M&As) later this year which will be financed with its RM6.2bil cash pile, according to its chief executive officer designate, Dr Mohammed Emir Abdullah.

15/06/2013 (Jakarta Globe) - Dharma Satya Nusantara, the wood product, timber estate and plantation company affiliated with Indonesian billionaire Theodore P. Rachmat, expects its revenue to increase by as much as 20 percent this year as it expands production volume following its initial public offering.

15/06/2013 (Business Standard) - Groundnut oil prices declined at the oils and oilseeds Vashi Wholesale market here today due to lower offtake from stockist and retailers amidst good arrivals from producing regions.