Archived News

31/10/2011 (Leadership Newspapers) - Adulterated palm oil which flooded various markets in Asaba, Delta State has been traced to a mastermind arrested with several qualities by operatives of Asaba Community Policing (ACP).

31/10/2011 (Forex Pros) - November Soybean futures traded slightly higher on account of firm overseas market. Most of the Mandis were remain closed on occasion of Diwali.

31/10/2011 (Business Recorder) - One ship arrived at the Port on Saturday, carrying Paraxylene and MEG at EVTL, Port sources said here on Sunday.

31/10/2011 (Olive Press) - Millons of people could face poverty due to the increasing demand for biofuel by airlines, according to a charity.

31/10/2011 (The Star) - The industry rivals of palm oil never quit.

31/10/2011 (The Guardian) - The collapse of Sun Biofuels has left hundreds of Tanzanians landless, jobless, and in despair for the future

31/10/2011 (Nigerian Tribune) - That new states are on the agenda of the National Assembly with respect to expected constitution amendment is no longer in doubt. The focus is on which of the new state movements is likely to get the nod, even as new realities from the Senate appear to stand against the target. Regional Editor, OLAWALE RASHEED, writes on the politics of state creation from the country’s inception and likely new states to emerge from the impending exercise.

31/10/2011 (Mongabay.com) - Royal Golden Eagle, the parent Indonesia-based conglomerate for pulp and paper producer APRIL and palm oil giant Asian Agri Group, is looking to raise $200 million for expansion, reports Debtwire.

31/10/2011 (Reuters) - Singapore's Wilmar International Ltd , the world's largest listed palm oil firm, said on Friday it has increased its $1.3 billion syndicated term loan facility to $1.5 billion.

31/10/2011 (Jakarta Post) - Russia and Indonesia have pledged to forge closer relations in the economic sector by boosting trade to US$5 billion by 2014 and expanding ties in other potential sectors, including agriculture and infrastructure.

28/10/2011 (Borneo Post) - Prime Minister Datuk Seri Najib Tun Razak said today that the rejection of the proposal for compulsory palm oil labelling by the Australian government, is very much welcomed, especially for Malaysia’s oil palm industry.“The Australian government is not supporting the proposal for compulsory palm oil labelling,” he told the Malaysian media on the sidelines of the Commonwealth Heads of Government Meeting (CHOGM) here today.

28/10/2011 (Business Recorder) - Malaysian palm oil futures rose to a five-week high on Thursday, as a eurozone debt deal boosted investor sentiment, with higher crude prices and lower output expectations offering additional support.