Archived News

27/04/2012 (Manila Bulletin) - Cooking oil is a ubiquitous staple in every Filipino kitchen, complementing most Filipinos’ penchant to fry their favorite dishes. There is actually a lot of cooking oil brands—both local and international—in every supermarket these days, perhaps to the point of product saturation. But, a Malaysian company is confident that the Philippines is ready for yet another cooking oil brand option—with a healthy twist.

27/04/2012 (Business Recorder) - The Karachi Port handled 83,449 tonnes of cargo comprising1 49,914 tonnes of import cargo and 33,535 tonnes of export cargo including 3,772 loaded & empty containers during last 24 hours ended at 0700 hours on Thursday.

27/04/2012 (Bernama) - Plantation and palm oil-related stocks pressured share prices on Bursa Malaysia at midday Thursday with the FTSE Bursa Malaysia KLCI (FBM KLCI) continuing to remain in the red, dealers said.

27/04/2012 (The Star) - The highly anticipated listing of Felda Global Ventures Holdings Bhd (FGVH) will see up to 2.19 billion shares being offered under its initial public offering (IPO) scheduled for end-May or early June.

26/04/2012 (Reuters) - Malaysian palm oil futures ended higher on Wednesday, as buying interest poured in after the midday break on bullish factors including recovering exports and tight soybean supply.

26/04/2012 (Bloomberg) - Palm oil declined for a third day on speculation that inventories may gain on higher output in Malaysia, the second largest producer, and falling exports.

26/04/2012 (Mydigitalfc.com) - Mumbai-based, consumer goods major, Hindustan Unilever (HUL) plans to set up a palm oil unit with an investment of €100 million in Indonesia.

26/04/2012 (The Nation) - The United States Environmental Protection Agency (EPA) has come under attack for imposing trade barrier on renewable fuels from palm oil in Nigeria.

26/04/2012 (Bernama) - Felcra Bhd paid RM20.6 million in dividends to 4,170 settlers in Selangor for last year, thanks to better palm oil prices and harvest.

26/04/2012 (Bernama) - Felda Global Ventures Holdings Bhd (FGVH) will proceed with its initial public offering (IPO) without participation of Koperasi Permodalan Felda (KPF).

26/04/2012 (Bernama) - TH Plantations Bhd, in a move to expand its land bank, is planning to acquire 19,782 hectares of oil palm plantation land in Sarawak and in East Kalimantan for RM92 million.

26/04/2012 (WWF International) - WWF is calling on Indonesia’s Ministry of Environment and police to investigate and take strict legal action against the perpetrator of the recent clearing of land known to house around 200 critically endangered orangutan in Aceh’s Tripa peat swamp.