Archived News

26/06/2012 (Bernama) - The FTSE Bursa Malaysia KLCI (FBM KLCI) which touched a record high of 1,611.50 after 40 minutes of trading, continued erasing gains to 1,603.12, up 0.05 points with share prices ended mixed Monday.

26/06/2012 (Bernama) - Felda Global Ventures Holdings Bhd posted a lower pre-tax profit of RM280.806 million for the first quarter ended March 31, 2012 compared with RM495.284 million recorded in the same period last year.

25/06/2012 (Borneo Post) - The High Commission of Malaysia to the Republic of South Africa organised a one-day seminar, themed ‘Business Opportunities in Malaysia’ in Cape Town, South Africa recently.

25/06/2012 (The Star) - The crude palm oil (CPO) futures market is expected to be bullish this week amid a gloomy global economic scenario.

25/06/2012 (Reuters) - Brazilian miner Vale SA is planning to build the world's largest single processing plant to turn palm oil into biofuel by 2015 in a bid to cut its vast fuel costs and to develop the Amazon region, the Financial Times said on Monday.

25/06/2012 (Business Recorder) - The Karachi Port handled 105,845 tonnes of cargo including 70,131 tonnes of import, 35,714 tonnes of export cargo and 6,960 loaded and empty containers (TEUs) during the last 24 hours of business activities ended at 0700 hours on Saturday. A total number of 3,192 loaded containers including 1,261 loaded 20' containers and 1,931 loaded 40' containers are handled during the reported period.

25/06/2012 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives soared this week due to the rising demand for tropical oil and the relief from the uncertainties in the eurozone countries.

25/06/2012 (Business Recorder) - Refined palmolein continued to gain at the oils and oilseeds market here today on sustained demand from retailers amidst bullish Malaysian cues.

23/06/2012 (Bernama) - Universiti Malaya researchers today announced their discovery of BioPro Diesel, a total diesel replacement, from palm oil mill effluent which has the potential to generate RM40 billion yearly, while creating zero waste.

23/06/2012 (Reuters) - Malaysian crude palm oil futures inched down on Friday, as investors took a more cautious stance on weak economic data from the United States and China, worrying that slowing global growth could hurt commodity demand.

23/06/2012 (Tribune) - Amid growing concerns for the preservation of the environment as well as the need to harness its resources harmlessly to benefit Nigerians through a recourse to agricluture, Oluwole Ige in Yenagoa brings to the fore the state of the moribund Bayelsa Oil Palm Ltd which has been overtaken by cattle men, weeds and human activities.

23/06/2012 (The Star) - MYBiomass Sdn Bhd will consider investing US$200mil to US$300mil (RM638.5mil to RM957.9mil) to set up a bio-refinery plant in Johor using oil palm biomass as feedstock, said Malaysian Industry-Government Group for High Technology (MIGHT) president and chief executive officer Yusoff Sulaiman.