Archived News

01/05/2012 (Investors Chronicle) - Increased production and a rising crude palm oil (CPO) price saw Anglo-Eastern Plantations deliver impressive full-year figures, with operating profit before biological asset adjustment climbing 48 per cent to $96m (£59m).

01/05/2012 (The Star) - Top global palm oil producer Indonesia will increase its export tax for crude palm oil ( CPO) to 19.5 percent for May from 18 percent in April due to higher international prices, a trade ministry official said on Monday.

01/05/2012 (Agrimoney.com) - Will palm oil echo sugar?

01/05/2012 (Reuters) - Malaysia's state-owned Felda Global Ventures Holdings is likely to make its IPO at the end of June, according to two sources, in what is expected to raise more than $3 billion and be one of the biggest flotations in the world this year.

01/05/2012 (Jakarta Globe) - Indofood Sukses Makmur, a diversified consumer business group controlled by Indonesia’s Salim family, posted slower profit growth in the first quarter as earnings from its agricultural units contracted.

01/04/2012 (The Inquirer) - Sime Darby, the multinational Malaysian company which signed a 63-year concessional agreement with Liberia has promised to operate in the country with what it called “best practices” and adherence to “specific quality” to ensure the success of its operation.

01/05/2012 (Tribune) - The Minister of National Planning Commission, Dr Shamsudeen Usman, on Monday, said the European Union (EU) had started the execution of various micro projects valued at 71.50 million euro in the nine states in the Niger Delta region of Nigeria.

01/05/2012 (Bernama) - The RM70 million Chemical Company of Malaysia Bhd's (CCM) fertilizer plant opened today will cater to Sabah and Kalimantan markets, CCM Group of Companies Chairmen Tan Sri Hamad Kama Piah Che Othman said Monday.

30/04/2012 (The China Post) - A planned corporate listing aimed at transforming Malaysia's vital palm oil industry has been clouded by allegations it could short-change the country's politically powerful farmers.

30/04/2012 (WWF International) - WWF is urging investors to do more to promote sustainable palm oil, backed by findings from a new survey released during a high-level meeting of investors and producers in Singapore.

30/04/2012 (The Star) - Soon-to-be-listed Felda Global Ventures Holdings Bhd (FGVH) is planning for a bigger land bank and selective acquisitions in South-East Asia and Africa as well as selective downstream initiatives and new markets to strengthen its position as one of the leading global integrated agri-business players.

30/04/2012 (Bernama) - Koperasi Permodalan Felda (KPF), the organisation of settlers, families and staff equity ownership in Felda will have an opportunity to be involved in the third biggest initial public offer (IPO) in the Southeast Asian region.