Archived News

18/04/2011 (Jakarta Post) - The government is seeking a US$1 billion investment from South Korea’s Samsung Group, the world’s largest private conglomerate by revenue, in the fields of solar cell technology, coal, crude palm oil and infrastructure.

18/04/2011 (Reuters) - Malaysia's Sarawak state, which goes to the polls on Sunday, is rich in resources such as natural gas, timber and crude palm oil.

18/04/2011 (Ezega) - The Ethiopian Government has opened outlets selling basic food items such as sugar and edible oil to consumers directly. The decision was taken in view of scarcity of food stuff in the market caused by shop keepers opposing the price control imposed by the government.

18/04/2011 (Carbon Positive) - More than three months after a landmark moratorium on deforestation in Indonesia was due to take effect, the initiative is not in place as Jakarta battles to resolve the details of the forest clearing ban. Last year, Norway offered Indonesia $1 billion under a deal that would see Jakarta place a two-year moratorium on forest clearing. The deal is at the frontline of global efforts to establish a REDD+ mechanism to halt deforestation in developing countries and is being watched closely around the world.

18/04/2011 (Reuters) - West African farmers could have saved 2.1 million hectares of tropical forest from being cleared or degraded if they used more fertiliser to grow crops such as cocoa, cassava and oil palm, according to a study by the International Institute for Tropical Agriculture.

18/04/2011 (Pakistan Observer) - Shipping activity remained active at the Port where three ships C.V Anvil Plont, C.V Glory and M.V BBC Nordland carrying containers and project cargo were allotted berths at Port Qasim International Container Terminal and Multi Purpose Terminal respectively on Friday, April 15.

18/04/2011 (Sydney Morning Herald) - Malaysia's palm oil lobby has reacted angrily to a push for labels to be added to foods containing the substance.

18/04/2011 (The Korea Herald) - Malaysian Plantation Industries and Commodities minister opened the inaugural Malaysia-Korea Palm Oil Trade Fair and Seminar last week.

18/04/2011 (Bloomberg) - At a time when consumers are focused on near-record food costs after grain and meat prices surged, stockpiles of edible oils needed to make everything from noodles to fish sticks are dropping to a three-decade low.

18/04/2011 (Business Times) - Ta Ann Holdings Bhd's move to aggressively plant more oil palms in the last five years is literally bearing fruit now.

15/04/2011 (Business Standard) - Refined palmolein weakened further in an otherwise sluggish oils and oilseeds market here today due to poor demand from retailers on the back of bearish Malaysian advice.

15/04/2011 (Bloomberg) - Palm oil dropped for a third day, the worst losing run this month, on speculation increased output from Indonesia and Malaysia, the top growers, will boost supply.