Archived News

07/03/2011 (Bloomberg) - Palm oil demand will grow this year, outpacing supplies, even as production in Southeast Asia may improve from the second quarter onwards on better weather conditions, TransGraph Consulting Pvt. said.

07/03/2011 (Business Standard) - Centre to also give 50% subsidy for new mills, technical help to cultivators.

07/03/2011 (MCOT Online News) - As the unrest in the Middle East continues and pushes oil prices higher worldwide, Thai Prime Minister Abhisit Vejjajiva said that concerned government agencies will meet Monday to discuss public worries on the dwindling state Oil Fund and simultaneously stressed that the palm oil shortage situation in the country should ease this week.

07/03/2011 (Business Times) - High food prices have excited edible oil traders from all over the world and this week, the Palm and Lauric Oils Conference & Exhibition Price Outlook (POC) 2011, is set to have a record attendance.

07/03/2011 (Business Times) - With the risk of rising consumer prices, it will be interesting to see how Bank Negara Malaysia is able to ensure that Malaysia enjoys economic growth of between 5 and 6 per cent this year.

07/03/2011 (Bloomberg) - Malaysia’s exports rose at the slowest pace in three months in January as electronics manufacturers shipped fewer goods to customers in the U.S. and China.

07/03/2011 (The Hindu) - The immediate economic target for the Union budget is how to moderate inflation without sacrificing growth. The fiscal policy has to be a blend of immediate tax and expenditure measures for achieving this objective. This involves a reduction of budgetary deficit and borrowing by the government as a complementary support to monetary policy of the Reserve Bank of India which has been raising the interest rates in instalments in the last one year. How far has this been accomplished merits examination.

07/03/2011 (The Financial Express) - It is commendable to note that focus of the government on agriculture is increasing in a consistent manner over the last few years after neglect of more than last 6 decades. We should treat agriculture as an industry and farmers as entrepreneurs who face so many unknown risks.

04/03/2011 (The News International) - Independent smallholder palm oil plantations in Indonesia could more than double production if given access to better farming techniques, and help combat deforestation, an environmental group said on Thursday.

04/03/2011 (Trader Business Media) - Woolworths has lodged a request for information (RFI) to all suppliers and importers of palm oil in Australia.

04/03/2011 (Bloomberg) - Palm oil advanced for a third day on concern that soybean output from Brazil may decline, spurring demand for other vegetable oils as stockpiles decline.

04/03/2011 (Daily Times) - Pakistan's Federal Minister for Food & Agriculture Mir Israrullah said on Thursday that achieving self-sufficiency in oilseed production is among government’s priorities.