Archived News
13-09-2011
Malaysia Says It Appreciates Australian Government Stand On Oil Palm Bill
13/09/2011 (Bernama) - The Malaysian government appreciates the Australian government's move to not support the Food Standards Amendment (labelling palm oil) Bill which could jeopordise the country's palm oil industry.
13-09-2011
IJM Plantations to Retain Strong Industrial Foothold
13/09/2011 (Borneo Post) - A ‘boutique’ oil palm agribusiness company, IJM Plantations Bhd’s (IJM Plantations) capital expenditure (capex) for financial year 2012 ending March (FY03/12) has risen to RM340 to RM440 million, likely due to the higher new planting cost of RM15,000 to RM20,000 per hectare.
13-09-2011
CIMB Research Downgrades Plantations to Underweight
13/09/2011 (The Edge Malaysia) - CIMB Equities Research has downgraded the Malaysian plantation's sector from Neutral to Underweight.
13-09-2011
All Petrol Stations to Offer Bio-diesel in 2012
13/09/2011 (Business Times) - All Malaysian gasoline stations will offer bio-diesel fuel by next year, Plantation Industries and Commodities Minister Bernard Dompok told reporters today in Putrajaya, near Kuala Lumpur.
12-09-2011
Downstream Palm Project May Affect KLK’s Dividend Payout
12/09/2011 (The Star) - Kuala Lumpur Kepong Bhd's (KLK) near-term dividend payout could be affected in light of its RM706mil investment in downstream palm oil projects under the Economic Transformation Programme (ETP), according to analysts.
12-09-2011
VEGOILS-Palm Oil Perks up Ahead of Industry Data
12/09/2011 (Reuters) - Malaysian palm oil futures rose on Friday as traders took up positions ahead of a slew of industry reports that could shed light on a decline in vegetable oil supplies.
12-09-2011
Feronia\'s Ambitions in Africa Reach Beyond Palm Oil Plantations
12/09/2011 (Proactive Investors USA & Canada) - Feronia Inc. got into the palm oil business in September 2009 through the purchase of a 100,000 hectare plantation in the Democratic Republic of Congo (DRC) from Unilever. Within the plantation lies 15,000 hectares of oil palm in production and another 55,000 hectares suitable for planting. The company’s other main division is focused on large-scale mechanized farming, modeled after methods successfully implemented in Brazil.
12-09-2011
Malaysia Exports Up 7.1% in July
12/09/2011 (AFP) - Malaysia said its exports, the mainstay of the country's economy, increased 7.1 percent year-on-year in July, easing from the previous month as the global economy slows down.
12-09-2011
Malaysia\'s Foreign Investments Steady
12/09/2011 (Channel Asia News) - Foreign direct investment inflows into Malaysia have been holding up, despite the global economic uncertainty.
12-09-2011
OSK Says \"Aye\" To Sarawak Oil Palms
12/09/2011 (Bernama) - OSK Research continued to like Sarawak Oil Palms Bhd (SOP), which will be included in the FTSE Bursa Malaysia Mid 70 Index from today, as it has one of the most favourable tree age profiles within their plantation universe.
12-09-2011
Biofusion To Diversify Into Industrial Waste Recycling Business
12/09/2011 (Bernama) - BioFusion Sdn Bhd, a BioNexus-status company involved in bioremediation activities for the treatment of agricultural waste and soil amelioration, plans to diversify into the industrial waste recycling business within a year.
12-09-2011
Trade Deficit Widens to 19.54% in July-August
12/09/2011 (Daily Times) - The country’s exports and imports witnessed a significant imbalance as trade deficit widened by 19.54 percent in the first two months of the financial year 2011-12, Federal Board of Statistics (FBS) reported on Saturday.