Archived News

23/04/2012 (Jakarta Post) - Bank CIMB Niaga (BNGA) has agreed to team up with insurance broker PT AON Indonesia to provide insurance services to the bank’s clients in the shipping business.

23/04/2012 (New Straits Times) - Jana Miertus' eyes widened when she learnt that palm oil is the most consumed edible oil in the world, commanding 30 per cent market share.

23/04/2012 (Environmental Expert) - In Indonesia, policy-makers and industry leaders are developing policies and practices in support of low-carbon palm oil production on “degraded land.”

23/04/2012 (BusinessDay) - The big opportunity for Nigeria and other developing countries to reap the benefits of the ongoing robust global development for biofuels has suffered a setback.

23/04/2012 (Business Recorder) - Malaysian palm oil will end the rebound from its April 19 low of 3,439 ringgit in a 3,534-3,556 ringgit per tonne resistance zone.

23/04/2012 (BusinessDay) - Agriculture and allied products experts will today assemble in Benin City, the Edo State capital to brainstorm and unfold strategies to improve agricultural productivity in the state.

21/04/2012 (Bernama) - Palm oil was Sabah's main export in the first three months of this year accounting for RM703.18 million, said Deputy International Trade and Industry Minister Datuk Jacob Dungau Sagan.

21/04/2012 (The Star) - In the letter entitled No decision has been made on palm oil access to America's biofuel market (StarBiz, April 18), the US Government claims that its current refusal of palm oil under Renewal Fuel Standard (RFS) would not keep palm biodiesel out of the US marketplace and was not a trade distortion. This is both inaccurate and misleading.

21/04/2012 (The Star) - Annual production capacity for certified sustainable palm oil (CSPO) has reached a record six million tonnes in less than four years since certification began, the Roundtable on Sustainable Palm Oil (RSPO) said.

21/04/2012 (Hindu Business Line) - Edible oils were firm on Friday, after crude palm oil futures rebounded in Malaysia. In the local market, among imported oils, palmolein increased by Rs 3 for 10 kg, while soya refined oil ruled unchanged. Sunflower and cotton oil were unchanged. Rapeseed/mustard oil rose by Rs 5 for 10 kg on value buying. Groundnut oil declined by Rs 10 for 10 kg, despite prices rising in Saurashtra.

21.04.2012 (Bernama) - Datuk Seri Najib Tun Razak has asked companies under Permodalan Nasional Bhd (PNB)'s stable to step up economic activities in Sabah to cash in on the investment opportunities available in the state.

21/04/2012 (The Star) - Plantation stocks dominated Bursa Malaysia gainers' list yesterday on strong expectations that the price of crude palm oil (CPO) will jump as global reserves of edible oils dwindle to a 35-year low.