Archived News

19/05/2011 (Forbes) - Malaysia's government says it is securing advice from international scientists and economists on ways to speed up development through reforms in its palm oil industry, health care and education.

19/05/2011 (Jakarta Globe) - The Jakarta Composite Index joined its regional peers in rising on Wednesday, taking advantage of rising commodity prices.

19/05/2011 (Bernama) - Malaysian palm oil prices are expected to remain relatively strong in the coming months on strong export demand for the tropical oil, Chairman of Malaysian Palm Oil Council, Datuk Lee Yeow Chor said.

19/05/2011 (Bernama) - The implementation of the biodiesel B5 mandate which is targeted to begin early next month, will not inconvenience motorists, as the price mechanism will be determined by the Ministry of Finance (MOF).

19/05/2011 (Bernama) - The rising demand for oil palm fibres from China should spur Sabah palm oil millers to look at turning their mill wastes to wealth, said state Minister of Industrial Development Datuk Raymond Tan.

18/05/2011 (Business Standard) - Crude palm oil prices moved up by Rs 3.40 to Rs 526.70 per 10 kg in futures trade today as speculators enlarged their positions on the back of rising spot market demand.

18/05/2011 (The Star) - Four plantation companies saw their net profits increased by leaps and bounds for the first three months of this year due to higher crude palm oil (CPO) prices despite lower fresh fruit bunches (FFB) production.

18/06/2011 (Business Daily Africa) - A shortage of cooking oil appears to be looming as manufacturers send mixed signals about the fate of a hijacked ship that was carrying the entire industry’s shipment of palm oil-— the key raw material used for making the product.

18/05/2011 (Myanmar Times) - Newly introduced measures to bring palm oil prices down appear to be failing, with palm oil traders at the Bayintnaung Wholesale Commodity Exchange Centre in Yangon reporting stock shortages and rising prices last week.

18/05/2011 (The Borneo Post) - The plantation industry and its related players could shift the risks in crude palm oil (CPO) business through hedging by making full use of the price fluctuation opportunities in the market despite it going up or down on the trading board.

18/05/2011 (Startupsmart) - A growing opportunity for Australian green energy start-ups exists in Malaysia due to the size of the country’s palm oil industry, according to the Australian Institute of Commercialisation.

18/05/2011 (Ghana News Agency) - The Benso Oil Palm Plantation (BOPP) Limited has declared a total dividend of GH¢1.87 million following a profit after tax of GH¢2.67 million posted in 2010.