Archived News

09/05/2011 (Fresh Fruit Portal) - Indonesia’s Trade Minister Mohamad Suleman Hidayat has told Antaranews.com the country has formed an expert team to study the European Union’s trade barriers for commodity exports.

09/05/2011 (Daily Express) - About 25,000 job opportunities will be up for grabs once the Palm Oil Industrial Cluster (POIC) Sandakan becomes fully operational in 2014, said its Chairman, Datuk Bernard Maraat.

09/05/2011 (ICIS) - Malaysia-based Emery Oleochemicals is using its global commodities heft to make a major push toward higher-­value oleochemical derivatives to serve what it calls the ­critical growth area of home and personal wellness (HPW).

06/05/2011 (Bloomberg) - Palm oil fell for a second day, tracking declines in soybeans, which fell on speculation that persistent rains in the growing regions in the U.S. will encourage farmers to plant more of the oilseed than corn.

06/05/2011 (The Star) - IOI Corp Bhd has been given an extension to May 25 by the Roundtable On Sustainable Palm Oil (RSPO) Grievance Panel to respond to the land disputes and illegal deforestation allegations by Migros, Friends of the Earth and Grassroots as well as the local community of Long Teran Kanan in Sarawak.

06/05/2011 (Business Standard) - Crude palm oil prices rose by Rs 2.10 to Rs 517.60 per 10 kg in futures trade today as speculators enlarged their positions on the back of a firming global trend.

06/05/2011 (Truth in Aging) - Palm oil as a whole is a decent ingredient, both for the inside and outside of your body. The ingredient can be found in multiple things such as cereal, soap, baked goods, and even cosmetics. You might not always recognize it though; sometimes it comes under the name of “vegetable” oil in your products which has faced scrutiny for being misleading.

06/05/2011 (Bernama) - Asean-EU bilateral free trade talks (FTA) will enter specific discussions phase related to goods and services stated in the agreement, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

06/05/2011 (Hindu Business Line) - State-owned trading firm PEC has invited bids for the import of 15,000 tonnes of RBD palmolein for sale in the domestic market.

05/05/2011 (Business Standard) - Crude palm oil prices declined by Rs 2 to Rs 515.50 per 10 kg in futures trade today on emergence of profit-taking, driven by subdued spot market demand.

05/05/2011 (Bernama) - The potential for Malaysia in the renewable energy sector is very high as it has plenty of resources, such as oil palm waste, that can be capitalised to generate biomass energy, says the Malaysian-German Chamber of Commerce and Industry (MGCC).

05/05/2011 (Reuters) - Astra Agro Lestari produced 275,100 tonnes of crude palm oil (CPO) during the first quarter, up 25.7 percent versus the same period last year, Indonesia's largest listed plantation firm said on Wednesday.