Archived News

04/08/2011 (Jakarta Post) - Indonesia’s inflation rate in July surprised us and the market, coming in as it did at 0.67 percent month-on-month (m-m), which was below our estimate of 1.04% m-m and consensus forecast of 0.85 percent m-m. While July’s consumer price index (CPI) is at a six-month high, it fell from June’s level of 5.54 percent year-on-year (y-y) to 4.61 percent y-y (14-month low), partly due to a higher base.

04/08/2011 (Bank Information Center) - The IFC's policy updates, approved by the board in May and coming into effect on the first of the upcoming year, have now been released to the public. BIC and partners will be writing an analysis of the gains and gaps in the new policies soon, but we congratulate the IFC on strengthening these vital policies.

03/08/2011 (Bloomberg) - Palm oil fell, following the steepest gain in two weeks yesterday, on concern that the U.S. economy is slowing even as lawmakers agreed to raise its debt ceiling.

03/08/2011 ( The Citizen Daily) - The Citizen Correspondent Dodoma. Various projects in Kigoma Region, including 18 small scale industries involved in oil palm processing, will get assistance soon.The government, through the Small Industries Development Organisation (Sido), and UN development agencies, have earmarked them for this assistance. The agencies include the WFP, UNDP and Unido.

03/08/2011 (Borneo Post) - The Palm Oil Industrial Cluster (POIC) here will be equipped with three ports in phases one, two and three.

03/08/2011 (Borneo Post) - Malaysia’s seventh largest listed plantation company (by planted area), Sarawak Oil Palms Bhd (SOP) is diversifying into downstream manufacturing to capture refining margins and diversify its earnings base from just a pure upstream player.

03/08/2011 (Afrique En Ligne) - Congo palm oil complex - Malaysian oil palm giant, Atami, is to invest 150 billion FCFA in an agro-industrial oil palm complex in Congo that will produce some 900,000 tonnes of palm oil per annum, an official of the Congolese agriculture and livestock ministry told PANA on Monday.

03/08/2011 (Market Watch) - Mission NewEnergy Limited is pleased to announce that it has commenced selling biodiesel into the Malaysian biodiesel mandate.

03/08/2011 (The Star) - A day after announcing its bold plans of building 616 bio-refinery plants in Malaysia and Indonesia, little-known Lestari Pasifik Bhd has quickly got into the limelight again, but this time for the wrong reason. The company has been put on the “alert list” of the capital market regulator, the Securities Commission (SC).

03/08/2011 (Dawn) - The demand of ghee and cooking oil has swelled by over 30 per cent. Traders attribute spurt in demand of edible oils to the eating pattern of Pakistanis during Ramazan.

03/08/2011 (The Star) - Sin Heng Chan (Malaya) Bhd (SHC Malaya) is selling its 80% stake in Sin Heng Chan Industries Sdn Bhd (SHC Industries) to Goldform Resources Sdn Bhd for RM24.5mil.

03/08/2011 (Foodqualitynews.com) - The European Commission's Joint Research Centre (JRC) has published three methods to detect an illegal clouding agent that was found earlier this year in sports drinks imported from Taiwan.