Archived News

05/01/2012 (Jakarta Globe) - Sinar Mas Agro Resources and Technology, the Indonesian plantation unit of Sinar Mas Group, said it would raise Rp 14.6 billion ($1.6 million) by leasing its property and facilities to Ivo Mas Tunggal, an affiliated palm oil plantation company.

05/01/2012 (Business Times) - Trade between Malaysia and the Netherlands is expected to increase to e6 billion (RM24.54 billion) this year, despite concerns of global economic uncertainties and the euro debt crisis.

05/01/2011 (Business Recorder) - Malaysian palm oil is expected to end the current exhausted rebound about the Nov. 18 high of 3,270 ringgit per tonne, as the rebound is driven by a final wave (5).

05/01/2012 (The Nation) - PTT plans to invest 10 per cent of its capital expenditure in the green business by 2020.

05/01/2012 (Business Times) - Kuala Lumpur Kepong Bhd gained 1.9 percent to RM23.44, on course for a record close, as global commodities posted the biggest rally in almost eight months on speculation that increased factory output in countries ranging from China to the U.S. signals increasing demand for raw materials.

05/01/2012 (Bangkok Post) - The Commerce Ministry will add eight more items to its price control list and closely monitor food prices affected by global warming.

04/01/2012 (Bloomberg) - Palm oil rallied to the highest level in more than six weeks on concern that hot, dry weather in South America may damage crops of soybeans, crushed to make an alternative edible oil, and as demand may rise in China.

04/12/2012 (AllAfrica.com) - Oil palm is emerging as an alternative cash crop for residents of Western Province who have mainly relied on sugarcane farming for years.

04/01/2012 (The Star) - Mewah International Inc, Malaysia’s biggest palm oil refiner after Wilmar International Ltd, said its planned investment in Indonesia would diversify operations and increase processing capacity by 23%.

04/01/2012 (Bloomberg) - PT Jaminan Sosial Tenaga Kerja, Indonesia’s national pension fund, is bearish on the nation’s commodity stocks as slowing global growth may curb exports from the world’s biggest supplier of thermal coal, palm oil and tin.

04/01/2012 (Daily Express) - Renewable energy (RE) producers in Sabah, who are mostly biomass and biogas plant operators at palm oil mills, will not enjoy the 32 sen per kilowatt per hour (kWh) under the feed-in tariff (FiT).

04/01/2012 (Jakarta Globe) - Indonesian stocks rebounded on Tuesday, trailing gains across the region after a spate of manufacturing reports showed economic growth in Asia wasn’t slowing.