Archived News

08/06/2011 (Jakarta Post) - President Susilo Bambang Yudhoyono warns foreign countries against receiving illegal timber from Indonesia to help the country safeguard its huge rainforest to deal with global climate change.

08/06/2011 (Borneo Post) - The unprecedented move by Sime Darby Plantation Sdn Bhd (Sime Darby Plantation) to raise salaries of its 37,000-strong workforce will not affect parent Sime Darby Bhd’s (Sime Darby) earnings forecast for this year.

08/06/2011 (Business Recorder) - Malaysian palm oil slipped to anear three-week low on Tuesday as technical selling and weak oilmarkets weighed on prices, while investors positioned themselvesahead of a flurry of data due at the end of the week.

08/06/2011 (Financial Express) - A three-day 'Showcase Malaysia-2011' will kick off in the city Friday, aiming to boost trade and bilateral relations between Dhaka and Kuala Lumpur.

07/06/2011 (Bernama) - Malaysia is ready to share its expertise in the development of the palm oil industry with the African countries participating in the Langkawi International Dialogue (LID) 2011.

07/06/2011 (Bernama) - The oil palm sector's contribution to the Gross National Income (GNI) is poised to hit the RM178 billion mark by 2020.

07/06/2011 (Bernama) - In an unprecedented move, Sime Darby Plantation Sdn Bhd (SDP) has increased the salaries of 37,000 of its estate and mill workers throughout the country, with each of them expected to earn an extra RM200 in basic salary effective July 1st.

07/06/2011 (Interactive Investor) - Full-year results from Equatorial Palm Oil (PAL), the Liberian-focused palm oil development company, revealed a robust financial position.

07/06/2011 (Jakarta Post) - Indonesia was the 27th biggest exporting country in the world in 2010, moving up three places from a year before and supplanting Norway, Sweden and Poland, according to data released by the World Trade Organization (WTO).

07/06/2011 (Business Recorder) - Palm oil prices eased on Monday on the European vegetable oil market on expectations for higher palm oil stocks, market sources said.

07/06/2011 (The Star) - April's double digit growth in exports on a year-on-year basis, supported by growth in commodity exports, may be the beginning of a trend going forward.

07/06/2011 (Share Cast) - Equatorial Palm Oil (EPO) has announced a US$4.4m loss before tax for the year to the end of 31 December 2010, which it said was in line with expectations.