Archived News

15/03/2012 (Bernama) - DuPont Malaysia Sdn Bhd foresees its business to experience further growth given the vast potential existing in Malaysia, says managing director Ong Ewe Hock.

15/03/2012 (Jakarta Post) - Indonesia, Southeast Asia’s largest economy, and Brazil, South America’s largest economy, can boost their bilateral trade to US$35 billion over the next five to 10 years, given the size of the two countries’ respective economies, an Indonesian minister says.

15/03/2012 (Bernama) - International Trade and Industry Minister Datuk Seri Mustapa Mohamed has called on more Malaysian companies to invest in Myanmar.

15/03/2012 (MARKETWIRE) - Neste Oil virtually quadrupled its use of certified raw materials in producing renewable fuel.

15/03/2012 (Jakarta Post) - China finds Indonesia’s economic growth impressive, putting it on a fast track to become a prominent trading partner, officials say on Tuesday, just days ahead of President Susilo Bambang Yudhoyono’s visit to the country.

15/03/2012 (Economic Times) - State-owned PEC Ltd has bought 9,000 tonnes of refined palmolein at $1,172 per tonne for delivery in March on the south coast, two trade sources said on Wednesday.

14/03/2012 (Bloomberg) - Palm oil, used in everything from candy bars to instant noodles, will advance 4 percent to the highest in more than a year by June as cooking-oil supplies drop to the lowest in more than three decades, a survey showed.

14/03/2012 (Bloomberg) - Indonesia’s policy to boost shipments of processed palm oil by charging lower export duties than on crude palm oil is hurting margins for refiners in Malaysia, Oil World said.

14/03/2012 (Reuters) - Malaysian crude palm oil futures edged up on Tuesday, as traders bet energy markets would hold firm and eyed the outlook for U.S. corn plantings, which could take more acreage from soybeans and limit global edible oil supply this year.

14/03/2012 (The Star) - Last month's higher-than-expected palm oil stockpiles is a clear indication that Malaysian palm oil is losing its competitiveness to Indonesia, said CIMB Research.

14.03.2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 7,000 metric tons of the 14,000 metric tons of palm oil it offered at an auction in Jakarta today.

14/03/2012 (Sun Daily): A slump in palm oil exports in February has not dampened sentiment in the market, with prices kept steady by expectation that cargo shipments will recover this month.