Archived News

22/05/2012 (Reuters) - Malaysian palm oil futures edged up on Monday on improving exports, although gains were capped as investors remained wary over uncertainty surrounding the euro zone.

22/05/2012 (Reuters) - Indonesia's government said on Monday it would protect a strip of peatland in Aceh province at the centre of an international storm over palm oil development, in a case that had become a test of the country's commitment to halt deforestation.

22/05/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 12,000 metric tons of the 18,000 tons it offered at an auction in Jakarta.

22/05/2012 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for 6,000 metric tons of the 10,000 tons of palm oil it offered at an auction in Jakarta.

22/05/2012 (The Star) - Early this month, the Roundtable on Sustainable Palm Oil (RSPO) said in a statement that Indonesia had overtaken Malaysia as the world's largest certified sustainable palm oil (CSPO) producer.

22/05/2012 (The Star) - TSH Resources Bhd posted net profit of RM15.05mil in the first quarter ended March 31, 2012, a decline of 37% from the RM23.95mil a year ago mainly due to lower profit contribution from the jointly controlled entities.

22/05/2012 (Bernama) - Bilateral trade between Malaysia and Japan is expected to touch a whopping RM150 billion this year as the land of the rising sun continues to source its major raw materials and commodities from Malaysia for its ongoing restructuring efforts, says envoy Shigeru Nakamura.

21/05/2012 (Minda News) - With the uncertainty of the China market brought about by the dispute over Scarborough shoal, Mindanao businessmen are looking into a newer and bigger market: the Asean integrated market.

21/05/2012 (University World News) - Asian universities are engaged in ground-breaking projects to counter waste, boost the use of alternative fuels and reduce emission of greenhouse gases.

21/05/2012 (Business Recorder) - The daily wages earners have been looking for jobs and earning. Things, however, have not been promising.

21/05/2012 (Business Recorder) - Three ships arrived at Port Qasim on Saturday, carrying containers at QICT, palm oil at LCT and furnace oil at FOTCO.

21/05/2012 (Jakarta Post) - State-owned agricultural firm PT Rajawali Nusantara Indonesia (RNI) has earmarked Rp 1.46 trillion (US$152m) for expansion activities this year.