Archived News

01/06/2013 (Stockhouse) - Feronia late Thursday announced that the commissioning of the new palm oil mill at Yaligimba in the Democratic Republic of Congo in 2013 is expected to provide it with immediate access to an additional 3,757 hectares of mature oil palms for the production of crude palm oil, an increase of 62.1% from the area currently accessible.

01/06/2013 (The Star) - TH Plantations Bhd's net profit fell 75% to RM3.2mil in the first quarter ended March 31, 2013 from RM13mil a year ago due to the effects of its land acquisitions in 2012 and higher estate production cost.

01/06/2013 (Jakarta Post) - Instant noodle producer PT Indofood Sukses Makmur (INDF) aims to grow by at least 10 percent this year and is looking at emerging markets to boost growth.

01/06/2013 (Jakarta Post) - The Philippine government has offered the Indonesian government 12,000 hectares of land in Mindanau Island to be developed into a oil palm plantation by the latter\'s state-owned company.

01/06/2013 (Business Recorder) - The Karachi Port handled 105,446 tonnes of cargo comprising 67,902 tonnes of import cargo and 37,544 tonnes of export cargo including 4,483 loaded and empty containers during the last 24 hours ended at 0700 hours on Thursday. The total import cargo of 67,902 tonnes comprised 38,965 tonnes of containerised cargo; 7,006 tonnes of general cargo; 11,659 tonnes of bulk cargo: 4,273 tonnes of DAP; 7,386 tonnes of rock phosphate and 10,272 tonnes of oil/liquid cargo.

01/06/2013 (Bloomberg) - Palm oil advanced, posting the first monthly gain in four, on speculation that stockpiles in Malaysia may decline for a fifth month as output drops in the second-largest producer.

01/06/2013 (Bernama) - Bilateral trade between Malaysia and Africa is expected to hit US$15 billion over the next three years from US$8.5 billion recorded last year.

31/05/2013 (Reuters) - Malaysian palm oil futures edged down on Thursday, slipping from a two-month high hit the day before as weaker overseas markets and slower demand for commodities weighed on the tropical oil, and as investors booked profits.

31/05/2013 (Bloomberg) - Palm oil declined from a seven-week high as crude oil traded near the lowest price in four weeks, cutting the appeal of vegetable oils as biofuel feedstock.

31/058/2013 (Broadway World) - Top Secret Nutrition has built its reputation by designing and marketing unique, industry leading and effective nutritional supplements of the highest quality. Concentrated Red Palm Oil Plus Safflower Oil supplement for Weight Loss and Wellness is the latest innovation from the Top Secret labs.

31/05/2013 (Bernama) - The Malaysian Biotechnology Corp Bhd (BiotechCorp) and International Clean Energy and Sustainability Network of Singapore will co-host the second Biogas Asia-Pacific Forum.

31/05/2013 (Business Times) - The revised criteria for certified palm oil is a move in the right direction although it may be hard to satisfy every vested interest in the sector, said a senior official with the Roundtable on Sustainable Palm Oil.(RSPO)