Archived News

04/09/2012 (Borneo Post) - Sarawak Oil Palms Bhd (SOP) has seen a significant recovery in fresh fruit bunch (FFB) production for the month of July, boosting the company’s prospects of a good turnaround this year.

04/09/2012 (Business Times) - Indonesia's trade deficit in July surprisingly narrowed from a record gap in June as import growth slowed, though Southeast Asia's biggest economy needs steady improvements in its trade picture to take the pressure off a weakening rupiah.

04/09/2012 (The Star) - OSK Research has initiated coverage on CB Industrial Product Holdings Bhd (CBIP) with a fair value of RM3.28, pegged at a five-year average price-to-earnings ratio (PER) of 9.4 times on its FY13 earnings.

03/09/2012 (Bernama) - Pansar Bhd expects promising sales of its new machines for the palm oil industry, said its marine and industrial division manager, Ting Lick Fuat.

03/09/2012 (THISDAY Live) - The Federal Government may have finally approved the crash of import duties on vegetable oil coming into the country at the peril of local producers of the commodity, THISDAY has learnt.

03/09/2012 (Bernama) - The government is reviewing the palm oil export tax structure to remain competitive in the industry, Deputy Minister of Plantation Industries and Commodities Datuk Hamzah Zainudin said Monday.

03/09/2012 (Jakarta Globe) - Profit for consumer-related companies were strong, boosted by domestic spending, while mining-related firms took a hit.

03/09/2012 (The Star) - Indonesia has already overtaken Malaysia as the world’s largest palm oil producer, but United Malacca Berhad (UMB) is not about to let that sit.

03/09/2012 (Pakistan Daily Times) - One ship arrived at Port Qasim to discharge palm oil at LCT on 31st August 2012. Berth occupancy was maintained at 50 percent at the Port Qasim on Saturday where eight ships are currently occupying berths to load/offload cement, palm oil containers, corn, wheat and furnace oil at Port Qasim last 24 hours.

31/08/2012 (Reuters) - Malaysian crude palm oil futures inched up on Thursday, recovering from a near 2-week low hit the previous day although traders were cautious ahead of a speech by U.S. Federal Reserve Chairman Ben Bernanke on Friday.

31/08/2012 (Reuters) - Indonesia will ban palm oil plantation firms from using subsidised fuel from next month, an official at the Indonesian Palm Oil Association (GAPKI) said on Thursday, in a move aimed at reducing the strain on the country's budget.

31/08/2012 (Bernama) - The government is on track to achieve a 50:50 ratio of biomass to palm oil production in the country's palm oil industry by 2020, said Plantation Industries and Commodities Deputy Minister Datuk Hamzah Zainudin.