Archived News

08/08/2011 (Vanguard) - At noon, the ever busy Obada market, Isolo was so scanty that one could count the number of marketers. The reason for this was not far fetched. The prices of foodstuffs and other essential commodities have rises in most markets across the country.

08/08/2011 (Reuters) - Congo Republic on Friday said it wanted to raise $2.6 billion to restock part of the world\'s second largest forest, as part of its fight against uncontrolled logging and global warming.

08/08/2011 (Reuters AlertNet) - Indigenous Papuans are at risk of further marginalisation and the forests and ecosystems on which they rely face destruction due to an ambitious food security project by the Indonesian government, activists say.

05/08/2011 (Bloomberg) - Palm oil dropped the most in more than a week on speculation that favorable weather in the U.S. may boost soybean yields, lifting global supplies of vegetable oils for use in food and fuel.

05/08/2011 (Economic Times) - The Karnataka government is working on modalities to provide assured returns to palm oil cultivators. India is the world's largest buyer of palm oil, which accounts for more than 80% of its edible oil imports.

05/08/2011 (Bernama) - Oil palm joint-venture companies (JVCs) managed by the Sarawak Land Custody and Development Authority (LCDA) had suffered an estimated losses of RM33.6 million due to theft of fresh fruit bunches (FFBs) since last year.

05/08/2011 (Borneo Post) - Joint venture oil palm plantations between Land Custody and Development Authority (LCDA) and private companies suffered an estimated loss of RM33 million through theft of fresh fruits bunches (FFB) since last year.

05/08/2011 (The Edge Malaysia) - Stocks with recent corporate developments which could see trading interest on Thursday, Aug 4 include Cepatwawasan Group Bhd, Malayan Banking Bhd, Catcha Media Bhd, plantations and Freight Management Holdings Bhd (FMH).

05/08/2011 (AFP) - Malaysia said Thursday that exports, the mainstay of the country\'s economy, grew 8.6 percent year-on-year in June, but analysts warned of an easing in the next six months due to the global slowdown.

05/08/2011 (Biofuels Digest) - In Malaysia, Lestari Pasifik Bhd has entered into a joint venture with Russia’s Artur Group to develop second-generation ethanol facilities in Malaysia and Indonesia with project financing from the Chinese government.

05/08/2011 (The Star) - Three public listed plantation firms Sarawak Plantation Bhd, IOI Corp Bhd and Kim Loong Resources Bhd are among four joint-venture companies that have suffered a combined losses of about RM33mil due to thefts of fresh fruit bunches (FFB) in their estates in Sarawak.

05/08/2011 (Borneo Post) - The world’s major consumer market, the US has made significant headway in a multi stakeholder initiative, the Roundtable on Sustainable Palm Oil (RSPO), that aims to promote the growth and use of sustainable palm oil in the world.