Archived News

28/11/ 2012 (The Sun) - The Malaysian stock market is expected to see a 10% earnings growth next year, driven by the oil and gas (O&G), banking, construction, healthcare and manufacturing sectors, said Eastspring Investments Bhd CIO of equities, Yvonne Tan Hong Yean.

28/11/2012 (Financial Times) - Had he been a child of the sixties, Adeniyi Adewusi would have seen Nigeria’s glory days as a world-leading food producer: the biggest exporter of peanuts and palm oil, and an important operator in the cocoa and cotton markets.

28/11/2012 (The Sun) - Bursa Malaysia will introduce a new methodology in calculating the daily settlement price for palm oil futures contracts from Dec 3, the exchange operator said in a circular seen by Reuters on Tuesday, in a bid to reduce volatility.

27/11/2012 (Reuters) - Malaysian palm oil futures edged up on Monday on expectations stocks might grow at a slower pace, with the market also focusing on Greek financial aid deal set to be signed later in the day that may cheer markets.

27/11/2012 (Bernama) - Jaya Tiasa Holdings Bhd is on target to commission three more palm oil mills, all of which are strategically located near its oil palm plantations, over the next two years.

27/11/2012 (Bernama) - Eighteen Members of Parliament, led by Dewan Rakyat Deputy Speaker Ronald Kiandee, today submitted a letter to Marie-Louise Fort, the Chairperson of the France Malaysia - Friendship Group of the French National Assembly or Assemblee Nationale.

27/11/2012 (New Strait Times) - Johor Farmers' Organisation (JFO) has invested RM120 million to set up a factory to produce cooking oil next year. Its chairman, Datuk Saipolbahari Shuib, said the factory would produce cooking oil under the brand Peladang, which is basically for the export market.

27/11/2012 (Borneo Post) - The Ministry of Land Development is very concerned over reports of rampant theft of oil palm fresh fruit bunches (FFB) throughout the state.

27/11/2012 (Jakarta Post) - Indonesian lawmakers threatened on Friday to freeze the budget for reforestation projects if President Susilo Bambang Yudhoyono continued the nation’s deforestation moratorium until 2014.

27/11/2012 (The Star) - PPB Group Bhd's net profit for the third quarter ended Sept 30 has improved 8.6% to RM249.24mil on the back of higher contribution from its associate Wilmar International Ltd.

27/11/2012 (fFinancial Express) - The world's biggest palm oil producers, under pressure to come up with ways to perk up demand from top consumers China and Europe during a meeting this week, may also have to defend the edible oil from renewed attacks over its green credentials.

27/11/2012 (Hindu Business Line) - Edible oils remained bullish on Monday tracking a weak rupee and firm futures. The rupee plunged to 55.71 against the dollar, lowest in over two and a half months, on persistent dollar demand and rising concerns of about the ‘fiscal cliff’ in the US and the Euro-Zone debt crisis.