Archived News

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.

04/05/2011 (Business Times) - Crude palm oil (CPO) prices may still hold above RM3,000 per tonne in June, says ECM Libra Capital Sdn Bhd.

04/05/2011 (Commodity Online) - In a bid to promote the sustainable nature of business in palm oil production, the Indonesian government is about to introduce Indonesian Sustainable Palm Oil (ISPO) certification that would bring producers of palm oil under strict environmental norms.

04/05/2011 (Myanmar Times) - March 30 was a historic day for Myanmar – it marked the dissolution of the State Peace and Development Council and heralded the start of a new, democratically elected government.

04/05/2011 (Lanka Business Online) - Sri Lankan shares closed down Tuesday with losses in high value shares dragging the indices down and turnover boosted by large deals among oil palm companies, brokers said.

03/05/2011 (Reuters) - Southeast Asian palm oil firms are turning to Africa as land runs out back home and world demand for cheap cooking oil soars, but the continent's harsh weather, high costs and land disputes could derail their plans.

03/05/2011 (Jakarta Globe) - Indonesia will not make large-scale changes to the way it works out its palm oil export tax, the deputy agriculture minister said on Friday.