Archived News

29/06/2011 (Business Recorder) - Exports of Malaysian palm oil products for June 1-25 rose 15.1 percent to 1,270,888 tonnes from 1,104,075 tonnes shipped during May 1-25, cargo surveyor Societe Generale de Surveillance said on Monday. Malaysian palm oil fell to an eight-month low on Monday, as traders scaled back ahead of a Greek vote on unpopular austerity measures that raises questions about Europe's financial health and global economic growth.

29/06/2011 (Daily News & Analysis) - Soap manufacturers are upbeat about softening palm oil prices, but are unwilling to cut product prices as they are still ruling high on a year on year basis.

28/06/2011 (The Star) - JUST two weeks ago, the local palm oil fraternity was ecstatic over the news of Malaysia winning a case against the proposed Food Standards Amendment (Truth in Labelling Palm Oil) Bill 2010 in Australia.

28/07/2011 (Borneo Post) - As production continues to improve due to seasonal improvements and exports continue to weaken, crude palm oil (CPO) prices could commence its down-cycle starting in the second half of 2011 (2H11).

28/06/2011 (PR Newswire) - Smallholders at Cargill's oil palm plantation, PT Hindoli, today received their first premiums for the certified palm oil they produced. The smallholders were first to be certified under the Roundtable on Sustainable Palm Oil (RSPO) Smallholder Principles & Criteria in late 2010.

28/06/2011 (Borneo Post) - Sabah’s bid to accelerate its economic expansion by rolling out a number of major projects across the sectors is mapped out in a report just published by Oxford Business Group (OBG).

28/06/2011 (Bernama) - Chemical Co of Malaysia Bhd (CCM) aims to expand its pharmaceutical, chemical and fertiliser businesses regionally, as well as in the Middle East.

28/06/2011 (Bernama) - Sawit Kinabalu Sdn Bhd has made a payment of RM50.23 million in dividend to the Sabah state government today.

28/06/2011 (Bernama) - Sabah can be a natural choice for many industries and is a contender for the sub-regional capital status due to its location and resources, the Oxford Business Group (OBG) says.

28/06/2011 (Bernama) -- The Sarawak economy is expected to grow by five per cent this year, Second Finance Minister, Datuk Seri Wong Soon Koh, said today.

28/06/2011 (Bernama) - The Crops for the Future Research Centre (CFFRC) is expected to receive a funding of nearly RM113 million (US$40 million) over seven years from the government to carry out research on a whole range of under-utilised crops.

28/06/2011 (Business Recorder) - Malaysian palm oil fell to a near eight-month low on Monday, as traders scaled back ahead of a Greek vote on unpopular austerity measures that raises questions about Europe's financial health and global economic growth.