Archived News

15/05/2012 (Bernama) - Farm mechanisation plus better salary packages for local workers is crucial in overcoming the heavy dependence on foreign labour in the country’s oil palm industry.

15/05/2012 (Business Recorder) - Asking prices on the European vegetable oil market dropped sharply again on Monday as futures markets dropped on fears of poor economic growth triggering heavy long liquidation.

15/05/2012 (Channel News Asia) - A Singapore partnership has developed what it hopes to be an eco-solution to the world's demand for biofuel.

15/05/2012 (The Star) - A proposal to set up a Consortium of Independent Producers and Refiners of Malaysia (CIPROM) is being deliberated as one of the strategies under the Government\'s palm oil policy reforms, said a source close to the plantation industry.

15/05/2012 (The Star) - The Government will introduce new measures and incentives to ensure the long-term competitiveness of the local palm oil industry in the world market, said Plantation Industries and Commodities deputy minister Datuk Hamzah Zainudin.

15/05/2012 (The Star) - Crude palm oil (CPO) futures staged a mild rebound in late morning on Tuesday on news that exports of Malaysian palm oil products had picked up in the May 1-15 period.

15/05/2012 (Jakarta Post) - Indonesia’s palm oil exports in the first quarter of this year rose higher than the expectation of local businesses, with the volume totaling 5.27 million tons, or up by 23.8 percent from the same period last year.

14/05/2012 (The Star) - The growth of the palm oil industry in Malaysia can be attributed to man\'s hunger to find sustainable sources for food and other essential items. World population in 2010 was about 6.8 billion, having grown by 28% from 5.3 billion in 1990.

14/05/2012 (The Star) - Crude palm oil (CPO) futures pri-ces on Bursa Malaysia Derivatives are expected to trade between RM3,300 and RM3,400 per tonne.

14/05/2012 (Daily Express) - More local skilled workers are needed to ensure the national commodities industry remains competitive and market-oriented.

14/05/2012 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Ma­laysia Derivatives fell sharply this week due to concerns about the global economy slowdown and weak palm oil demand.

14/05/2012 (Manila Bulletin) - The Department of Trade and Industry (DTI) is implementing a national industry clustering approach to increase the contribution of the small and medium enterprises to the national economy.