Archived News

18/05/2013 (Bernama) - The BIMP-EAGA Business Council says its initiative to introduce BioJadi -- a made-in-Malaysia organic fertiliser -- has now begun to yield results.

18/05/2013 (The News International) - The Karachi Port and Port Qasim handled a cargo volume of 186,904 tons during the last 24 hours that included 137,611 tons of imports and 49,293 tons of exports, the two ports reported on Thursday

18/05/2013 (Hindu Business Line) - Palmolein extended gain despite slack demand, while soyabean refined oil ruled unchanged despite higher volume. Stockists took long position in soya oil for delivery upto July.

18/05/2013 (AsiaOne) - An Indonesian court has ruled indigenous people have the right to manage forests where they live, a move which supporters said prevents the government from handing over community-run land to businesses.

18/05/2013 (The Grocer) - The Roundtable for Sustainable Palm Oil (RSPO) is facing fresh internal dissent after the body representing Malaysian palm growers threatened to quit - two years after its Indonesian counterpart left.

18/05/2013 (Boulder Weekly) - Deforestation is at the top of the CIA’s list of environmental issues facing Indonesia, and much of it can be attributed to the creation of palm oil plantations, built to satisfy demands of the American market, which has increased the import of palm oil by 485 percent over the last decade.

18/05/2013 (Reuters) - Malaysian palm oil futures rose on Friday, gaining for a second straight week, as investors pinned their hopes on a recovery in exports in the second half of May to help ease stocks.

17/05/2013 (Reuters) - Malaysian palm oil futures rose on Thursday as buyers returned after three straight sessions of losses, and investor sentiment brightened for exports to recover in the second half of May.

17/05/2013 (Jakarta Post) - An environmental NGO has prompted palm oil companies to concentrate on increasing output instead of protesting the government’s plan to extend a moratorium on forest clearance that is due to expire this month.

17/05/2013 (FoodNavigator.com) - Using palm oil certified as sustainable under the Roundtable on Sustainable Palm Oil (RSPO) is no longer enough to ensure companies are acting responsibly, claims the WWF following the adoption of new RSPO standards.

17/05/2013 (The Star) - The current baseline price to determine the crude palm oil (CPO) export duty should be revised higher to RM2,300 from the RM2,250 per tonne currently to commensurate with the continued downtrend in CPO prices and the rising cost of production among oil palm plantation operators, said industry players.

17/05/2013 (AllAfrica.com) - The Benso Oil Palm Plantation (BOPP) Limited posted profit after tax of GH¢13.41 million last year, as against GH¢9.59 million in 2011, which represents an increase of about 40 per cent.