Archived News

14/07/2011 (Daily News & Analysis) - Maharashtra government today decided to disburse palm oil at a subsidised rate of Rs45 per litre under a central scheme.

14/07/2011 (Daily Express) - Some shops here have limited the sales of cooking oil to only one to three packs per customer because of a lack of supply.

14/07/2011 (Jakarta Globe) - Indonesian stocks rebounded on Wednesday, halting a two-day slide, as commodity prices rose and a growing Chinese economy suggested continued demand for imported goods.

14/07/20111 (Jakarta Post) - The Energy and Mineral Resources Ministry says Indonesia needs around Rp 134.6 trillion (US$15.72 billion) in investment until 2025 to develop renewable energy.

14/07/2011 (Bernama) - YB Tan Sri Bernard Dompok, Minister of Plantation Industries and Commodities Malaysia, launched the palm oil awareness programme for secondary school students at SMK Datuk Peter Mojuntin, in Penampang.

14/07/2011 (Bernama) - Media can play an important role in educating the public to understand the real issues affecting palm oil and counter negative campaigns carried out by certain quarters.

14/07/2011 (Bloomberg) - Shares of Ivory Coast’s rubber and palm oil producers may more than double because of an expected rise in commodity prices and an economic recovery in the West African nation, Imara Africa Securities said in new coverage.

13/07/2011 (Bernama) - The palm oil industry is playing an increasingly important role in Malaysia's economy, but lingering concerns over sustainable production and labour shortages could hamper growth, the Oxford Business Group (OBG) says.

13/07/2011 (Bernama) - Taiwanese food and beverage producers are seeking to regain consumer confidence in Malaysia through the 2011 Malaysia International Food and Beverage Trade Fair (MIFB 2011).

13/07/2011 (Bernama) - Malaysia's palm oil exports will reach RM70 billion this year if the high crude palm oil (CPO) prices continue in the second half of the year, said Plantation Industries and Commodities Minister Tan Sri Bernard Dompok.

13/07/2011 (Economic Times) - Speaking at an inter-active session at the Indian Chamber of Commerce (ICC) on Tuesday, the Indonesian ambassador to India, Lt General (retd) Andi Ghalib, said that the Prime Minister of India Manmohan Singh and the President of Indonesia, Sushilo Bambang Yudhoyono, had signed an agreement in New Delhi early last year worth billions of US dollars with the objective of strengthening bilateral business ties between the two countries. The Indonesian President was the Special Guest at the Indian Republic Day ceremony in New Delhi last year.

13/07/2011 (Bernama) - Bilateral trade between Taiwan and Malaysia is expected to increase to US$14.5 billion (US$1=RM2.99) this year from US$13.67 billion in 2010, said Taipei Economic and Culture Office in Malaysia.