Archived News

30/04/2012 (Borneo Post) - Prime Minister Datuk Seri Najib Tun Razak is impressed with the rate of progress attained by Sarawak Corridor Of Renewable Energy (SCORE) that has attracted keen interest and participation from both local and foreign investors.

30/04/2012 (Borneo Post) - Crude prices remain jittery while on the weaker side after Europe following into the worrisome news of Spain’s downgrade in credit rating.

30/04/2012 (Business Recorder) - The Karachi Port handled 127,149 tonnes of cargo comprising1 97,496 tonnes of import cargo and 29,653 tonnes of export cargo including 5,412 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday.

28/04/2012 (Reuters) - Malaysian palm oil futures ended slightly higher on Friday as tight soybean supplies from Argentina trumped concerns triggered by a Spanish debt downgrade, with traders awaiting export data on Monday for more clues on price movements.

28/04/2012 (Wall Street Journal) - Malaysian state-controlled palm-oil plantation company Felda Global Ventures Bhd. is looking to raise more than $3 billion in an initial share sale, a deal that would make it one of the world's largest initial public offerings this year.

28/04/2012 (Borneo Post) - Prime Minister Datuk Seri Najib Tun Razak will launch the Corridors and Cities open day to be held at the old State Legislative Assembly building at Petra Jaya today.

28/04/2012 (Mongabay.com) - Developers in Indonesian Borneo are increasingly converting carbon-dense peatlands for oil palm plantations, driving deforestation and boosting greenhouse gas emissions, reports a new study published in Proceedings of the National Academy of Sciences. The research concludes that nearly all unprotected forests in Ketapang District in West Kalimantan will be gone by 2020 given current trends.

28/04/2012 (Reuters) - Twenty five Indonesian mining companies have so far agreed to comply with a government requirement to use biodiesel as fuel, the energy ministry said on Tuesday, in a bid to reduce pollution and increase the use of the renewable energy.

28/04/2012 (Reuters) - Malaysia's Felda Global Ventures Holdings will offer up to 2.2 billion shares as it seeks a listing on the local stock exchange, making it the third biggest initial public offer in the Southeast Asian country after Maxis and Petronas Chemicals.

28/04/2012 (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.

27/04/2012 (Reuters) - Malaysian palm oil futures slipped on Thursday as global economic uncertainty and expectations of improving production weighed on the market, although recovering exports and a smaller soybean crop in Argentina limited losses.

27/04/2012 (UPI.com) - Oil palm plantations in Borneo will be a leading cause of greenhouse gas emissions by 2020 unless protections are enacted and enforced, a U.S. study says.