Archived News

25/07/2011 (Borneo Post) - Growth momentum for palm oil exports is expected to pick up in the second half of 2011 (2H11) despite its slow pace in the early part of 2011.

25/07/2011 (Bernama) - Sime Darby Plantation, the plantation and agri-business arm of Sime Darby Bhd, aims to produce over three million metric tonnes of certified sustainable palm oil (CSPO) by 2015.

25/07/2011 (Agrimoney.com) - Some commodities continued on Friday to feel the pressure from the latest round of China jitters, overshadowing the brighter news of eurozone agreement on a new Greek debt deal.

25/07/2011 (Natural Products Marketplace) - Justin's Nut Butter and the Cheyenne Mountain Zoo (CMZ) are working together to raise awareness regarding the timely issue of producing and using sustainable palm oil. Both members of the Roundtable on Sustainable Palm Oil (RSPO), Justin’s is including the new CMZ logo for Orangutan Friendly Palm Oil on its squeeze packs hitting shelves July 2011. The new logo will make it easier for consumers to identify products manufactured with sustainable palm oil.

25/07/2011 (Business Standard) - Emami Biotech Ltd, a part of Rs 3,700-crore Emami group of companies, is planning to increase its edible oil refining capacity triple with an investment of around Rs 550 crore. This would help the company to capture 10 per cent of the Rs 15,000 crore branded edible oil market in next three years.

25/07/2011 (The Star) - Sime Darby Plantation Bhd expects its crop production to increase by 6% in the financial year ended June 30, 2011 as compared to the previous financial year as the cyclical down trend of the oil palm has ended.

25/07/2011 (Bernama) - The Sabah Wildlife Department and Danau Girang Field Centre have fitted a satellite tag on a proboscis monkey in the Kinabatangan region as part of the conservation initiatives for the endemic primate of Borneo.

25/07/2011 (The Egyptian Gazette) - In a bid to bolster trade opportunities between Egyptian and Malaysian partners in the field of Malaysian palm oil, the Malaysian Palm Oil Council (MPOC) and the Malaysian Palm Oil Board (MPOB), in collaboration with the Chamber of Food Industries, held a seminar on palm oil last Thursday.

25/07/2011 (Financial Express) - M S Siddiqui, Commerce Ministry of Thailand proposed two solutions to palm oil shortages problem. They proposed to import additional quantity of palm oil in an attempt to solve product shortage. The private sector was unable to cope with the delivery cost. In addition to the price of raw palm oil sold in Malaysia at 39-40 baht (Thai Currency) per liter, the costs of bringing it into Thailand will inevitably hike the price of imported palm oil.

25/07/2011 (The Nation) - The Palm Oil Industry Club under the Federation of Thai Industries (FTI) is to propose that the new government pass a new bill and set up an independent organisation to develop and supervise oil-palm agriculture and the palm-oil industry throughout the value chain.

25/07/2011 (The Star) - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are likely to stay on current levels with an upside bias this week.

25/07/2011 (The Nation) - The Pheu Thai-led government intends to continue to control the prices of goods in a bid to restrain expected high inflation after the launch of its promised policies, particularly the minimum wage rise and rice pledging scheme.