Archived News

30/11/2012 (The Sun Daily) - The Philippines is optimistic about attracting more foreign direct investment into the country, especially to Mindanao, following the recent consolidation of the peace framework with rebel groups.

30/11/2012 (The Star) - Following are comments by key analysts at a palm oil industry conference in the Indonesian island of Bali.

29/11/2012 (Reuters) - Malaysian palm oil futures eased on Wednesday, dropping for a second straight session on concerns that U.S. fiscal woes could hamper global economic growth and commodity demand.

29/11/2012 (Bloomberg) - Indonesia, the world’s biggest producer of palm oil, is set to surpass India as the largest user next year as economic growth boosts demand.

29/11/2012 (Farming UK) - Ufac-UK — the specialist feed supplements manufacturer — has announced that it has removed palm oil from over 90 per cent of its products.

29/11/2012 (Daily Mirror) - In recent years, many countries around the world have been tapping renewable resources to secure stable sources of energy. This tendency has been spurred by high fossil fuel prices, rising demand for energy and increasing concerns about the implications of fossil fuels on global climate (FAO). The European Union (EU) and the United States of America (USA) are currently the leading markets for and producers of biofuels, but Brazil and the emergent economies of China and India are not far behind. The growth in biofuels has been achieved primarily by introducing fuel-blending obligations and government subsidies (FAO).

29/11/2012 (Agrimoney.com)- Palm oil and coffee represent the best bets in agriculture for 2013, with corn and wheat among the worst, Rabobank said, saying that this year's decline in soft commodities shows the path that grains will take.

29/11/2012 (Business Recorder) - Palm oil imports into the country witnessed decrease of 16 percent during the first four months of the current fiscal year as compared to the corresponding period of last year.

29/11/2012 (Hindu Business Line) - Edible oils market witnessed dull trading day in absence of active buying on Wednesday. The Bombay Commodity Exchange remained closed for Gurunanak Divas. Domestic futures market was also closed so there were no cues for the physical market barring foreign markets.

29/11/2012 (The Star) - Malaysian palm oil futures eased on Wednesday, dropping for a second straight session on concerns the U.S. fiscal woes could hamper global economic growth and commodity demand. Prices touched their highest in almost one week on Tuesday as a Greek debt deal provided brief comfort for investors, but the lack of progress in U.S. budget talks and speculation that Malaysian palm oil inventory level could hit a record high this month kept prices in a tight range.

29/11/2012 (Bernama) - The Perak government targets a nett profit of more than RM100 million a year from the State Agriculture Development Corporation (SADC) by diversifying the state's agro-based industry.

29/11/2012 (eco-business.com) - A controversial European Commission decision this week to allow the use of certified sustainable palm oil to meet biofuel requirements for the European Union’s transport sector comes just as the major global initiative that oversees the scheme struggles to scale up its progress.