Archived News

04/07/2011 (Food Ingredients First) - PT Carrefour Indonesia, a multinational retail company, reiterates its commitment to be a responsible company with its declaration to exclusively source certified sustainable palm oil (CSPO) and its implementation of the RSPO (Roundtable on Sustainable Palm Oil) Trademark. This will encourage Carrefour customers to make the right decision in choosing products that contain sustainable palm oil through the RSPO Trademark labeling. Carrefour Indonesia established since 1998 and has 81 stores throughout 27 cities in Indonesia.

04/07/2011 (The Star) - It is tough to attract the younger generation to start a career as a professional planter in Malaysia nowadays

04/07/2011 (Jakarta Post) - The EU and ASEAN states have been discussing the possibility of signing a Free Trade Agreement since 2007. Thankfully, the Indonesian government has decided that another one to two years is needed to fully investigate the effects of the FTA before signing.

04/07/2011 (Jakarta Post) - The Indonesian government has stated its objection to Australia’s Food Standards Amendment (Truth in Labelling-Palm Oil) bill 2010.

01/07/2011 (Jakarta Globe) - Malaysia-based Sime Darby Plantation, the world’s largest listed plantation group, is planning to build its first palm oil refinery in Indonesia, boosting its number of worldwide sites to nine.

01/07/2011 (Bangkok Post) - The Commerce Ministry\'s sub-committee on vegetable oil for consumption will soon meet to consider a cut in the egulated retail price of vegetable oils, because their market prices are falling, permanent secretary Yanyong Phuangrach said

01/07/2011 (Hindustan Times) - Fast-moving consumer goods (FMCG) firms are set to gain from a decline in palm oil and other commodity prices. However, consumers will have to wait a little longer for prices to come down since companies have ruled out cutting prices of their products, atleast for now. According to a report by IIFL Institutional Equities, personal-care firms, including Emami, Godrej Consumer and Marico, are likely to benefit the most.

01/07/2011 (The Nation) - Pakistan may import as much as 180,000 tonnes of palm oil for July and has covered a lot of its requirement of the vegetable oil ahead of Ramazan, a top industry official said on Wednesday.

01/07/2011 (Channel News Asia) - Stock markets in Malaysia and Indonesia have outpaced their Southeast Asian counterparts for the first half trading of this year.

01/07/2011 (Capital) - PT Smart (SMAR.JK), an Indonesian subsidiary of Golden Agri Resources Ltd. (E5H.SG), said a research team has determined that land preparation for palm oil plantation expansion in West and Central Kalimantan provinces since November 2005 wasn't carried out on primary forest lands, refuting some of the allegations made last year by Greenpeace and other environmental groups.

01/07/2011 (World Crop) - Thais head to the polls on 3 July for the eagerly awaited general election. The business community especially is hoping for a smooth and painless vote.

30/06/2011 (Business Times) - Palm oil advanced for a second day as importers replenished stockpiles to meet demand during the upcoming Ramadan fasting season and a gain in crude oil lifted the appeal of vegetable oils as biofuel feedstock.