Archived News

25/04/2012 (Reuters) - Malaysian palm oil futures extended losses on Tuesday, as investors feared that the euro zone debt woes could hurt global growth, although losses were limited by a healthy demand outlook for the edible oil on the back of lower soybean supply.

25/04/2012 (SustainableBusiness.com) - ALEC has moved on from pushing legislation that restricts voting and gun laws (passing those off to another conservative group) to biofuels, and is now pushing the EPA to designate palm oil as a renewable fuel.

25/04/2012 (Bloomberg) - Malaysia’s best-performing fund in the past year is buying consumer and plantation stocks that are benefiting from government efforts to bolster domestic growth and a rally in palm oil prices.

25/04/2012 (Business Wire) - New goal announced to buy 100% palm oil from certified traceable sources by 2020

25/04/2012 (The Star) - The addition of RBD palm olein on Bursa Suq Al-Sila' (BSAS) has strengthened the commodity trading platform's position to facilitate Islamic finance needs.

25/04/2012 (Business Times) - Crude palm oil futures prices on Bursa Malaysia Derivatives extended their losses yesterday due to lack of demand for the commodity, a dealer said.

25/04/2012 (The Star) - TH Plantation Bhd's earnings fell 40.1% to RM13.06mil in the first quarter ended March 31 from RM21.83mil a year ago as its profitability was affected by higher production costs.

25/04/2012 (Dow Jones) - Indonesian oil palm producer PT Astra Agro Lestari (AALI.JK) said Tuesday its net profit in the January-March period fell significantly because of lower revenue and higher costs.

25/04/2012 (FoodNavigator.com) - Certified Sustainable Palm Oil (CSPO) has reached a “milestone” with production in excess of six million tonnes but market uptake has been slowing, according to RSPO figures.

24/04/2012 (Times LIVE) - The Indonesian government and environmentalists have moved to halt the destruction of a peatland forest after activists warned that the endangered Sumatran orangutans in the area have almost been driven to extinction.

24/04/2012 (Scoop.co.nz) - A capacity crowd had gathered on a lovely spring evening for a concert by one of my college friends in a beautiful outdoor venue. It happened to be his birthday, so the emcee hinted that we might want to sing “Happy Birthday” to him. One by one, people started singing, each in a different key, each at a different tempo. As the jumble of notes and words joined together, the result was, well, less than harmonic. It wasn’t even melodious. It was in fact downright pitiful. When my friend took the stage, he gave us another chance. He didn’t give us the pitch, but he did give us a downbeat, so at least we were singing together. By the end of the song most people were somewhat close to the same key.

24/04/2012 (Borneo Post) - Chief Minister Datuk Seri Musa Aman says he wants to see state investment agencies emerging high achievers in their investments and economic activities.