Archived News

06/07/2011 (The National) - Price controls imposed on retailers and manufacturers in the Emirates are not sustainable, according to the regional chief of one of the world's biggest consumer goods companies.

05/07/2011 (The Star) - The world can breathe a temporary sigh of relief as agricultural commodity prices continue to take a breather in the near term on unexpectedly strong inventory levels and good harvest of crops amid a still-uncertain macroeconomic environment that could crimp demand growth.

05/07/2011 (Business Times) - Malaysian exports may show growth in May, helped by high commodity prices although this will be offset by weaker demand for electrical and electronic (E&E) products.

05/07/2011 (East African Business Week) - Although the East African Community (EAC) Customs Union entered into full operations with application of zero internal tariffs in January 2010, its actualization remains incomplete. This is because there are still disturbing incidents of the application of non tariff barriers as well as non-uniform application of the common external tariff that continue to militate against the smooth operations of the Customs Union, according to Dr Richard Sezibera , the EAC Secretary general, who led a team of journalists to find out outstanding issues related to the effective implementation of the Common Market protocol.

05/07/2011 (Business Times) - Crude palm oil futures prices on Bursa Malaysia Derivatives closed slightly higher yesterday on buying interest, dealers said.

05/07/2011 (San Francisco Chronicle) - Palm oil rebounded from the lowest level in eight months on speculation lower soybean acreage in the U.S., the world's biggest exporter, will reduce global vegetable oil supplies.

05/07/2011 (Voxy) - The Green Party is calling on the New Zealand Government to support Australia over the mandatory labelling of palm oil, Green Party food spokesperson Sue Kedgley said today.

04/07/2011 (Bernama) - Australia's proposed palm oil labelling law is discriminatory and politically motivated, Malaysian Palm Oil Board (MPOB) Chairman Datuk Seri Utama Shahrir Abdul Samad said today.

04/07/2011 (Bangkok Post) - The government has approved a reduction in cooking palm oil retail prices by five baht from the capped price of 47 baht per one-litre bottle, effective today.

04/07/2011 (Ninemsn) - New Zealand food industry lobbyists say a bid by Australian politicians to require labelling of palm oil in foods to help consumers make more informed choices may breach a trans-Tasman food treaty.

04/07/2011 (Bernama) - The Federation of Malaysian Manufacturers (FMM) has called on small and medium enterprises (SMEs) to step up their role and grab opportunities to manufacture palm oil-based value-added products.

04/07/2011 (Sunstar) - THE Provincial Government of Cotabato, through the Philippine Palm Oil Development Council Inc., will hold the 7th National Palm Oil Congress on August 25-26 at JC Complex, National Highway, Kidapawan City.