Archived News

01/10/2012 (Borneo Post) - Plantation Industries and Commodities Minister Tan Sri Bernard Giluk Dompok yesterday urged the relevant agency in Sabah to speed up the survey of land and the issuance of land titles to applicants.

01/10/2012 (Borneo Post) - The unveiling of Budget 2013 continues to spearhead the Economic Transformation Programme (ETP) by providing a framework that provides the impetus needed to achieve the nation’s transformation agenda of becoming a high-income nation by 2020.

01/10/2012 (Bernama) - The RM432 million allocation in next year's budget for the oil palm replanting programme will have a big impact on the industry, said Deputy Plantation Industries and Commodities Minister, Datuk Hamzah Zainudin.

01/10/2012 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) plans to develop a complete supply chain of its three core business -- palm oil, sugar cane and rubber -- in Myanmar.

01/10/2012 (Business Recorder) - A cargo volume of 70,125 tonnes comprising 45,335 tonnes of import cargo and 24,790 tonnes of export cargo inclusive 1,301 loaded & empty containers (TEUs) was handled at Port Qasim during last 24 hours on Saturday. The total import cargo of 45,335 tonnes includes 30,389 tonnes of diesel oil; 6,791 tonnes of iron ore; 5,755 tonnes of fertiliser and 2,400 tonnes of containerised cargo. The total export cargo of 24,790 tonnes includes 1,217 tonnes of cement and 23,573 tonnes of containerised cargo.

29/09/2012 (Reuters) - Malaysian palm oil futures dropped to a two-year low on Friday, and posted their worst weekly performance so far this year, as bearish investors were discouraged by the rapidly progressing soybean harvest in the United States.

29/09/2012 (Bernama) - Oil palm industry's contributions to Malaysia's export revenue are expected to remain strong in the years ahead given the competitive oil palm prices than other vegetable oils apart from the oil-palm derived food products and upstream, midstream and downstream industries, a deputy minister told the Dewan Rakyat today.

29/09/2012 (Bernama) - Malaysia's crude palm oil (CPO) output this year will fall by 2.5 per cent to 18.44 million tonnes from 18.91 million tonnes last year despite an increase in planted and matured areas.

29/09/2012 (The Star) - The agriculture sector received a huge allocation of RM5.8bil under Budget 2013 given its high priority status to boost national income and also, for food security.

29/09/2012 (The Inquirer) - In reference to a recent erroneous article posted in the New Liberia newspaper on September 19, 2012, the Ministry of Agriculture wishes to clarify and confirm that the Ministry has no intention to renegotiate any of its existing agriculture concessions.

29/09/2012 (AgriMoney.com) - Asian Plantations highlighted the difficulty in obtaining fresh land in Malaysia for oil palm plantations even as it secured the purchase of its fifth estate, for what it termed an "attractive valuation".

29/09/2012 (Reuters) - Indonesia's Aceh province has revoked a controversial permit issued to a palm oil firm accused of breaching a ban on forest clearing, a spokesman said on Friday, in a rare climbdown following a legal challenge by environmental groups.