Archived News

14/12/2011 (Jakarta Globe) - Hatta Rajasa, the coordinating minister for the economy, said on Tuesday that the government had started 91 projects worth at least Rp 461.6 trillion ($50.7 billion) since May.

14/12/2011 (Vanguard) - President Goodluck Jonathan, yesterday, announced a budget allocation of N78.98 billion for the Ministry of Agriculture & Rural Development for the 2012 fiscal year.

14/12/2011 (India Infoline) - Domestic Oilseeds complex swelled sharply on strong buying tracking the firm global cues. The Malaysian CPO futures swelled on release of the bullish data by MPOB. The CBOT Soya Complex ended the gains in the electronic trading sessions. As per latest release from Malaysian Palm Oil Board (MPOB), crude palm oil (CPO) stocks in November declined by 3.3 % to 1.23 million tonnes while processed palm oil went up by 1.21 % to 841,698 tonnes.

13/12/2011 (Reuters) - Palm futures fell to their lowest level in more than a month on Monday, tracking comparative oils lower as investors continued to fret about European debt, but expectations of a heavy rainy season helped cap losses.

13/12/2011 (Bloomberg) - Palm oil fell the most in more than two months on concern rising soybean stockpiles will boost global vegetable oil supplies and as exports fell from Malaysia, the second-biggest producer.

13/12/2011 (GBN) - The Benso Oil Palm Plantation Limited (BOPP) under its new management, WILMAR, a Singaporarian Company made a profit of GH¢8.3 million after tax this year, as against a profit margin of GH¢1.9 million last year.

13/112/2011 (Spend Matters) - The world demand for vegetable oils is increasing on an annual basis, as we require an additional 2-3 million tons per year of edible oils to cater for our increasing populations.

13/12/2011 (Borneo Post) - Institutional investors remain confident about Sarawak Oil Palms Bhd (SOP) production growth prospects and downstream expansion in the state.

13/12/2011 (Bernama) - The Malaysia-Africa Palm Oil Trade Fair and Seminar 2011 (POTS) is spot on in terms of timing and its theme of "Seizing New Opportunities" as indicated by the big turnout of participants and growing export figures.

13/12/2011 (Reuters) - A unit of Singapore's GMG Global has struck a $410 million deal with Cameroon's government to develop 45,200 hectares of palm oil and rubber plantations, officials said on Monday.

13/12/2011 (Bernama) - The Malaysian High Commissioner to Nigeria has urged Malaysian companies not to ignore the opportunities provided by Nigeria, citing its huge population of 160 million and status as West Africa's biggest economy.

13/12/2011 (The Star) - Gold prices moved in volatile fashion early last week between 1701.00 and 1755.00 regions ahead of EU Summit.