Archived News
22-03-2012
VEGOILS-Palm Oil Reverses Losses On Rosy Demand Outlook
22/03/2012 (Reuters) - Malaysian palm oil futures rebounded slightly on Wednesday, as an upbeat demand outlook for the edible oil offset earlier losses on the back of lower crude oil that was weighed by Saudi Arabia's supply pledge.
22-03-2012
Astra Agro Sells 9,000 Tons of Palm Oil in Auction
22/03/2012 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of 9,000 tons of palm oil it offered at an auction in Jakarta.
22-03-2012
Malaysia Looking To Exploit Its Own Palm Oil Biomass
22/03/2012 (Renewable Energy Magazine) - The Malaysian government has incorporated the Malaysian Biomass Initiative under the Global Science and Innovation Advisory Council to spur the development of the country’s palm oil biomass industry, which is currently underutilised for energy generation.
22-03-2012
Growth Seen At 4%-5% Expansion of Private Consumption And Investment Projected To Soften
22/03/2012 (The Star) - The economy is projected to grow by 4% to 5% this year, with domestic demand remaining the anchor of growth as it has been over the past few years.
22-03-2012
Felda Global: Foreign Investments Profitable
22/03/2012 (Business Times) - IT’S DOCUMENTED: Plantation company posted pre-tax profits of RM203 million in 2009 and RM366 million in 2010, PwC figures show.
22-03-2012
Tingyi Profit Misses Estimates on Costs, Slowing Economy
22/03/2012 (Bloomberg) - Tingyi (Cayman Islands) Holding Corp. (322), China’s biggest maker of packaged food, said 2011 profit dropped 12 percent, missing analysts’ estimates, hurt by higher raw material costs and a slowing Chinese economy.
22-03-2012
Treat Illegal Logging Like Organised Crime, Urges World Bank
22/03/2012 (Reuters AlertNet / IPS) - With illegal loggers clearing the equivalent of a football field of the world's most valuable forests every two seconds, local and international law enforcement systems should target the criminal operations that profit most from the trade, according to a new report released here Tuesday by the World Bank.Criminal justice personnel should deploy the same tools they use to fight drug trafficking and money laundering to investigate, prosecute and punish the kingpins behind large-scale illegal logging, according to the 56-page report.
22-03-2012
Indonesia Stocks: BW Plantation, Perkebunan, Tower Bersama
22/05/2012 (Bloomberg) - The Jakarta Composite Index (JCI) fell 0.1 percent to 4,032.89.
22-03-2012
PM: T&T To Pursue Trade With Emerging Markets
22/03/2012 (Trinidad Guardian) - T&T is interested in using bunkering facilities at the Panama Canal. Guatemala wants to set up a palm oil refinery in T&T. And the Central American country wants to buy T&T’s bitumen, natural gas and cement. Those were some of the opportunities Prime Minister Kamla Persad-Bissessar outlined to members of the American Chamber of Commerce of T&T (AmCham) yesterday at its annual general meeting at the Trinidad Hilton, St Ann’s.
22-03-2012
Palm Oil Case Against \'Green Governor\' In Indonesia Heats Up
22/03/2012 (Mongabay.com) - Environmental activists have launched an urgent appeal calling for a \"just decision\" in a court case that has pitted Aceh\'s \"Green Governor\" and palm oil developers against efforts to save endangered orangutans in a Sumatran peat forest.
21-03-2012
VEGOILS-Palm Oil Down, Upbeat Demand Outlook Caps Losses
21/03/2021 (Reuters) - Malaysian palm oil futures extended losses on Tuesday as some traders took profits on concerns that the market was overbought, although losses were limited by still-robust demand as indicated by export trends.
21-03-2012
Palm Oil Expo Set To Clinch US$85 Million Business Deals
21/03/2012 (Bernama) - Following the success of the previous two international palm oil exhibitions, the third edition of Palm Oil Exhibition Malaysia 2012 (Palmex Malaysia 2012) is all set for launch in Sandakan, Sabah.