Archived News

21/11/2011 (Bernama) - Politics in Malaysia may see a tough year ahead in 2012, with political parties embroiled in jostling for more support from the people, says Prof Master David Koh, founder of the Malaysian Institute of Geomancy Sciences (MINGS).

21/11/2011 (Daily News & Analysis) - Cost pressure for toilet soap makers Hindustan Unilever Ltd (HUL) and Godrej Consumer Products Ltd (GCPL) is likely to sustain as palm oil prices have inched up 11% from levels seen at the end of the quarter ended September.

21/11/2011 (Borneo Post) - The New Economic Model (NEM) will be realised through the Economic Transformation Programme (ETP) which will see eight initiatives taken under the Strategic Renewal Initiative (SRI) and the implementation of the 12 National Key Economic Area (NKEA).

21/11/2011 (Reuters) - Tropical oils may be sources of saturated fat, but a small study suggests that they do not boost certain markers of trouble in the blood vessels the way animal fats do.

21/11/2011 (The Star) - KL Kepong Bhd (KLK) planned to expand its downstream and upstream business segments for its palm oil businesses amidst sustained palm oil prices above RM3,000.

21/11/2011 (Business Times) - IOI Corp, Malaysia’s second-biggest palm oil planter by market value, said first-quarter profit dropped 48 per cent on foreign exchange charges and lower earnings from property and manufacturing.

21/11/2011 (Jakarta Post) - Indonesia’s total food and agribusiness trade will grow at a moderate annual pace of 4 percent over the next five years due to limited agricultural land and labor, an economist says.

21/11/2011 (The Nation) - Pakistan is expected to at least triple palm oil purchases from Indonesia next year after a trade agreement between the two countries reduced import duties for the edible oil by about 15 per cent, senior industry officials said on Thursday.

21/11/2011 (The Edge Malaysia) - The Malaysian economy expanded at a faster pace of 5.8% in the third quarter (3Q) of 2011 but whether the growth momentum could continue in the fourth quarter was still uncertain, said Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz.

21/11/2011 (Daily Times) - Indonesia’s buoyant export growth is likely to slow into the single digits next year, hurt by the weak global economy, but foreign investment in Southeast Asia’s biggest economy should keep surging, the country’s trade minister said on Friday.

18/11/2011 (Bloomberg) - Stockpiles of the cooking oils used to make everything from candy bars to biofuels are declining to the lowest in two generations as farmers fail to keep up with demand expanding at five times the pace of the world population.

18/11/2011 (Agrimoney.com) - Grain futures began Thursday where they left off the last session –on negative form – amid concerns for US exports, besides the soft external market tone.