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MARKET DEVELOPMENT  
  25-04-2011

THP Thrives Despite Weaker FFB Production

05/04/2011 (The Borneo Post) - TH Plantation Bhd (THP), a plantation arm of Lembaga Tabung Haji (LTH), reported first quarter financial year 2011 (1QFY11) net profit, which came in at 28 to 30 per cent of consensus FY11 forecasts of RHB Research Sdn Bhd (RHB Research).

MARKET DEVELOPMENT  
  22-04-2011

Crude palm oil futures decline on profit-taking

22/04/2011 (MSN News) - Crude palm oil prices declined by Rs 1.30 to Rs 512 per 10 kg in futures trade today as speculators preferred to book-profits at existing higher levels, driven by subdued demand in the spot market.

MARKET DEVELOPMENT  
  22-04-2011

VEGOILS-Malaysia Palm Oil Slips On Indonesia Export Tax Cut

22/04/2011 (Futures Pro) - Malaysian palm oil slipped on Thursday after top producer Indonesia cut its export tax for next month, potentially attracting orders away from Malaysia.

MARKET DEVELOPMENT  
  22-04-2011

Crude Palm Oil Extends Gain On Short Covering

22/04/2011 (Commodity Online) - The crude palm oil futures showed a positive trend on Wednesday gaining for second consecutive day on extended short covering and emergence of buying interest.

MARKET DEVELOPMENT  
  22-04-2011

Sidhu Bros gets licence from MPOB

22/04/2011 (Business Times) - Sidhu Brothers Group, a crude palm oil (CPO) transporter, has been awarded the MPOB licence to transport palm oil in Malaysia.

MARKET DEVELOPMENT  
  22-04-2011

Ronser Aims To Tap Latin America Mart

22/04/2011 (Bernama) - Ronser Bio-Tech Sdn Bhd, an industrial wastewater treatment specialist, is set to tap the Latin American market with the appointment of Colombia-based Industria AVM S.A (AVM) as its sales representative there.

MARKET DEVELOPMENT  
  22-04-2011

RSPO: Labeling Palm Oil As An Ingredient Is Fine, Provided Other Oils Are Labeled Too

22/04/2011 (Mongabay.com) - The Roundtable on Sustainable Palm Oil (RSPO), a body that sets criteria for social and environmental certification of palm oil, weighed in on the debate over Australia's proposal to require listing of palm oil as an ingredient on package labels. At the same time, the RSPO announced its own labeling initiative to distinguish products that use RSPO-certified palm oil from those that do not.

MARKET DEVELOPMENT  
  22-04-2011

China Eyes Energy, Bank Deals With Malaysia, Indonesia

22/04/2011 (Reuters) - Chinese Premier Wen Jiabao will sign a series of agreements next week during visits to Malaysia and Indonesia covering everything from banking and energy to palm oil and infrastructure, a senior diplomat said on Thursday.

MARKET DEVELOPMENT  
  22-04-2011

ETP Can Help Broaden Malaysia-EU Trade

22/04/2011 (Business Times) - Malaysia can expand its trading areas with the European Union with the help of its Economic Transformation Programme (ETP).

MARKET DEVELOPMENT  
  22-04-2011

High Veg Oil Prices Won\'t Last, Warns REA

22/04/2011 (ShareCast) - The food producer and processor, with operations in Indonesia, REA Holdings, saw profits surge as palm oil prices headed north.

MARKET DEVELOPMENT  
  22-04-2011

Najib To Chair Maiden GSIAC Meeting In NY

22/04/2011 (The Borneo Post) - Prime Minister Datuk Seri Najib Tun Razak will chair the first meeting of the Global Science and Innovation Advisory Council (GSIAC) for Malaysia to be set up in New York on May 17.

MARKET DEVELOPMENT  
  21-04-2011

Palm oil planters get wise with bird of prey pest control

21/04/2011 (Reuters) - The palm oil industry has gone bird crazy by drafting owls to combat the menace of rodent pests, hoping in the process to burnish its green credentials and save money.