Archived News

26/11/2012 (Washington Post) - Twenty-five years ago, Lahad Datu was just another sleepy port town on the fringe of Malaysian Borneo, frequented by traders, sea gypsies and the occasional pirate gang.

26/11/2012 (Bernama) - Malaysian businessmen and investors will have the chance to check out investment opportunities in Mindanao at the Mindanao Business Networking Forum to be held here on Thursday.

26/11/2012 (Business Recorder) - Pakistan Oilseed Development Board (PODB) is contemplating restoration of its 'Palm Oil Trees' cultivation project along the coastal belt of Sindh and Balochistan to meet the increasing demand of edible oil and save the precious foreign exchange being spent on import of palm oil.

26/11/2012 (GhanaWeb) - Palm oil producers operating within Ajumako Enyan Essiam District in Central Region operating at Ofobil site led by an impletmentation team have made a passionate appeal to authorities specifically the District Assembly to recognize the immense contribution of palm oil industry towards the growth of domestic and national economy and give the industry the necessary support.

26/11/2012 (Daily Times) - The Federal Ministry of Commerce is yet to implement the duty cut on import of palm oil products from Malaysia that was supposed to come into effect in early 2012.

26/12/2012 (Borneo Post) - The US dollar index (USDX) declined on Friday late session that spurred the buying in WTI Crude and Gold markets.

24/11/2012 (Bloomberg) - Palm oil declined for a fourth day to the lowest level in more than a week on speculation that stockpiles in Malaysia, the largest producer after Indonesia, will climb from a record as exports drop.

24/11/2012 (Reuters) - Malaysian palm oil futures fell for a fourth straight session on Friday and posted a third weekly loss in four, as investors remained concerned over slowing demand for the edible oil as prospects for global economic growth remained dim.

24/11/2012 (just-food.com) - The French national assembly's social affairs commission has rejected a proposal to increase a special tax on palm oil from EUR100 (US$129) to EUR300 per tonne.

24/11/2012 (The Star) - Al-Hadharah Boustead REIT posted a 11.3% year-on-year drop in net profit to RM20.3mil for its third quarter ended Sept 30.

24/11/2012 (Bernama) - The Minister of Plantation Industries and Commodities, YB Tan Sri Bernard Dompok will be leading a palm oil, rubber and timber working visit to People’s Republic of China from 26 November to 2 December 2012.

23/11/2012 (Reuters) - Malaysian palm oil futures fell on Thursday, slipping for a third straight day, as slowing exports continued to weigh and investors stayed cautious ahead of a bailout deal for Greece that could boost sentiment.