Archived News

08/09/2012 (TEMPO Interactive) - Indian Research and Information Foundation, Godrej International Ltd, stated that Indonesia has hidden palm oil reserves.

08/09/2012 (Bernama) - The biomass renewable power generation plant owned by Felda Global Ventures Holidngs Bhd (FGV) in Felda Jengka 9 near here is expected to be fully operational at year-end.

08/09/2012 (Bernama) - The Ministry of Agriculture and Cooperatives and the private sector are preparing Thai farm products for the Asean Economic Community (AEC) over the next three years, including halal food for regional Muslim consumers, Thai News Agency reported.

08/09/2012 (Bernama) - The Terengganu State Farmers Organisation (PPNT) will invest RM5 million in the local real estate sector, starting with Dungun, by year-end.

07/09/2012 (Bloomberg) - Palm-oil exports from Indonesia, the largest producer, will probably increase for a third month in September as rising output and a lower tax boost purchases of the commodity used in everything from candy to biofuel.

07/09/2012 (Reuters) - Malaysian crude palm oil futures fell to a 3-week low on Thursday, as traders booked profits after U.S. soybeans dropped from a record high and a leading industry analyst warned of a looming supply glut of the tropical oil.

07/09/2012 (Mongabay.com) - An Indonesian court has instructed the governor of Aceh province to revoke a controversial license owned by a palm oil company accused of destroying orangutan habitat and carbon-rich peatlands on the island of Sumatra, reports The Jakarta Post.

07/09/2012 (Reuters) - Malaysia's benchmark stock index hit a two-month low as market players appeared to be taking defensive stance on a recent report by rating agency Standard & Poor's about Malaysia's fiscal profile and as weak palm oil prices hit palm planters.

07/09/2012 (Bernama) - Peru is keen to share Malaysia\'s experience in the development of its oil palm plantations with the view to converting its illicit drug areas into productive plantations.

07/09/2012 (Solomon Star) - Auluta land trustees in Malaita have been assured the government would ensure the proposed oil palm project earmarked for their land gets off the ground.

07/09/2012 (Bernama) - The government will find the best way to overcome drop in the prices of palm oil and rubber to protect the income of smallholders.

07/09/2012 (Financial Times) - Singapore’s sovereign wealth fund and investment firm Northstar have made a $200m investment in an Indonesian oil producer, in one of the south-east Asia’s largest private equity deals of the year, said people familiar with the matter.