Archived News

01/05/2010 (The Star Online) - GIVEN the nature of their business, plantation companies are among the earliest in the country to embrace and adopt the best green practices to ensure that palm oil is sustainably produced under well-managed environmental conditions.

29/04/2010 (Bernama), Kudat - The palm oil industry which represents the backbone of Malaysia's commodities market, contributed an export revenue of RM49.6 billion last year, said Plantation Industries and Commodities Minister Tan Sri Bernard Dompok.

29/04/2010 (Bloomberg) - Soybean prices in India must drop by about 9 percent to help domestic crushers end losses caused by competition from cheap edible oil imports, an analyst said.

29/04/2010 (Bloomberg) - Palm oil slumped for a third day as crude oil declined amid concern that the debt problems in Greece and Spain may weaken the euro and derail the world’s economic recovery.

30/04/2010 (Agri Money) - IndoAgri forecast buoyant global palm oil demand as the plantations and cooking oil group unveiled a 29% jump in earnings and heralded its drive to help close Indonesia's yawning gap in sugar production.

30/04/2010 (The Guardian) - NIGERIA'S dying palm oil industry may, at last, rebound into reckoning as a major contributor to the Gross Domestic Product (GDP) once again.

28/04/2010 (PR Week) - One of the globe's largest producers of palm oil has called in international PR agency advice after coming under sustained fire from environmental campaigners.

29/04/2010 (The Express Tribune), Karachi - Palm and soybean oil imports have dropped significantly as buyers have started purchasing seeds to process them locally.

28/04/2010 (Pakwatan), Islamabad - The palm oil and soyabean oil imports into the country dropped by 10.75 percent and 87.64 percent respectively during the first nine months of current fiscal year as against the corresponding period of last year, helping the country reduce overall import bill.

28/04/2010 (Bloomberg) - Palm oil declined for a second day as shares plunged and crude oil fell amid concern that Europe’s debt-laden countries may move closer to default and hurt the world’s economic recovery.

28/04/2010 (AFP), Singapore — Greenpeace on Tuesday disclosed what it said was new evidence showing Indonesia's biggest palm oil producer Sinar Mas broke a pledge not to destroy forest rich in carbon and wildlife.

28/04/2010 (The Financial Express, Bangladesh) - Bangladesh is keen to import palm oil from Indonesia under G2G business system, with the Trading Corporation of Bangladesh (TCB) enabled as the agency to import it, reports UNB.