Archived News

18/05/2011 (Antara News) - The government has temporarily stopped allowing foreign investors to develop new oil palm plantations so as to give opportunities to local businessmen, Forestry Minister Zulkifli Hasan said.

18/05/2011 (The Star) - Growth concerns and inflationary pressure continue to plague the commodity markets, which are experiencing the worst rout since 2008 when the subprime crisis came to a head.

18/05/2011 (Borneo Post) - Glenealy Plantations Bhd (Glenealy), an upstream planter, is expected to register strong production growth at least for the next few years in view of its young age profile and further expansion plans in Indonesia.

16/05/2011 (Borneo Post) - Malaysia and Indonesia will finalise the proposal to set up a European palm oil council (Epoc) by yearend to more effectively address negative publicity on palm oil in the European Union (EU).

16/05/2011 (The Star) - Despite the strengthening of the ringgit against the US dollar, the current CPO price of about RM3,300 per tonne is still good for local oil palm companies.

16/05/2011 (Bernama) - Renowned members of the Global Science and Innovation Advisory Council (GSIAC), which will be set up here next week, will provide valuable input and a fresh perspective to uplift Malaysia\'s economy by hastening innovation, leveraging on the nation\'s strength in information and communications technology and improving science and engineering education and skills.

16/05/2011 (AFP) - Indonesia has sent 120 firefighters to battle blazes from peatland areas that are causing unhealthy levels of pollution in neighbouring Malaysia, an official said.

16/05/2011 (Hindu Business Line) - Select edible oil prices recovered at the wholesale oils and oilseeds market during the week on buying by vanaspati millers, driven by ongoing marriage season amid a firming global trend.

16/05/2011 (The Star) - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to range between RM3,200 and RM3,400 per tonne this week as investors take a cautious outlook of the market, a dealer said.

16/05/2011 (Bloomberg) - Malaysia’s economic growth probably accelerated last quarter amid rising investment and demand for commodities, supporting an Asian expansion that has prompted policy makers to raise interest rates.

16/05/2011 (ABC Live) - India laid a Statement At the United Nations Ministerial Roundtable during CSD-19 On The 10 Year Framework of Programmes on Sustainable Development on 12th May, 2011

13/05/2011 (Bernama) -- Indonesia's crude palm oil (CPO) output is projected to reach 40 million tonnes in the next 10 years, Antara reported former agriculture minister Bungaran Saragih as saying.