Archived News

07/03/212 (Bernama) - Malaysia is looking at constructive ways to assist palm oil downstream players counter Indonesia's new lower tax structure, which has affected 40 per cent of local smallholders.

07/03/2012 (The Star) - The palm oil industry has tremendous business opportunities to meet the needs of the rising global population.

07/03/2012 (Business Recorder) - Malaysian crude palm oil futures fell for a third day on Tuesday, on signs of a wider correction in the market that traders say went up too high last month, although losses were curbed ahead of a key price outlook meeting in Kuala Lumpur.

07/03/2012 (Bloomberg) - Oilseed prices may surge as soybean production falls on dry weather in South America, palm oil output slows and rapeseed stockpiles decline, Hamburg-based researcher Oil World said.

07/03/2012 (The Star) - Bursa Malaysia is banking on cross-border links with other bourses in South-East Asia to grow instead of costly mergers and acquisitions, its top official said.

07/03/2012 (AllAfrica.com) - The Kogi State government has called on the Malaysian investors to take advantage of the state's palm oil development and invest in the sector.

07/03/2012 (The Star) - The palm oil price outlook for 2012 will take centrestage today on the last day of the Palm and Lauric Oils Conference and Exhibition (POC 2012).

07/02/2012 (Business Times) - Bursa Malaysia Derivatives (BMD) which intends to offer innovative options for palm oil futures, plans to introduce dollar-denominated palm olein futures contracts sometime this year.

07/03/2012 (TEMPO Interactive) - The government and palm oil businessmen will meet with the US’ Environmental Protection Agency (EPA) on March 23. Previously, the EPA issued a Notice of Data Availability (NODA) claiming that Indonesia’s crude palm oil (CPO) for bio-diesel materials was not environmentally friendly.

07/03/2012 (Business Recorder) - The Karachi Port handled 107,907 tonnes of cargo comprising1 47,931 tonnes of import cargo and 59,976 tonnes of export cargo including 5,702 loaded & empty containers during last 24 hours ended at 0700 hours on Tuesday.

07/03/2012 (Bernama) - OSK Research Sdn Bhd is raising Sime Darby Bhd's forecast for financial years 2012 and 2013 by 7.2 per cent and 3.2 per cent, respectively, due to stronger industrial segment performance.

07/03/2012 (Hindu Business Line) - With expanding population and rising consumption demand, the world will need to produce at least 4 million tonnes of additional vegetable oils year after year, and palm oil is eminently placed to take the centre stage due to its high output-to-land ratio vis-a-vis other vegoil crops, Mr Carl Bek-Nielsen, Vice-Chairman of United Plantations, said here on Tuesday.