Archived News

05/08/2009 (Bernama), Ankara - Turkey is open to further cooperation with Malaysian partners in areas that can benefit both countries which may, at the same time, address trade imbalance between them, said Plantation Industries and Commodities Minister Tan Sri Bernard Dompok.

04/08/2009 (Business Times) - PALM oil futures may drop to RM2,000 (US$573) a metric ton if inventories pick up in September as production peaks, according to Dorab Mistry, director of Godrej International Ltd.

05/08/2009 (ABC News) - It's rich for activists in developed countries to oppose using developing world palm oil in food manufacturing, writes the Institute of Public Affairs' Tim Wilson.

04/08/2009 (Xinhua), New Delhi - Indian Prime Minister Manmohan Singh has ensured that the India-ASEAN Trade in Goods Agreement would protect the interests of Indian farmers by yielding no tariff concession to ASEAN countries, said a senior Indian government official on Monday.

03/08/2009 (Bernama), Istanbul - Malaysia is hopeful of an increase in its palm oil exports to Turkey and the surrounding countries with the opening of the Malaysian Palm Oil Council (MPOC) regional office in the Turkish capital, said Plantation Industries and Commodities Minister Tan Sri Bernard Dompok.

03/08/2009 (Khaleej Times), Dubai — High costs to re-export the commodity have moved traders to rethink a strategy to develop the UAE into a trading hub for Malaysian palm oil. The UAE’s palm oil imports from Malaysia fell nearly 50 per cent between January to June due to rising shipping costs to re-export the commodity from the Gulf Arab state, traders? said on Sunday.

02/08/2009 (The Jakarta Post) - Greenpeace called on President Susilo Bambang Yudhoyono to take immediate action to tackle the latest spate of forest fires that has hit Sumatra’s Riau Province as well as West and Central Kalimantan and parts of Sulawesi.

31/07/2009 (The Star Online), Petaling Jaya - Malaysia’s July palm oil exports advanced 14% compared to June on higher demand especially from China where economic growth is supporting consumption.

02/08/2009 (The Economic Times) - Why is the rest of India is not moaning like you and me about dal at Rs 100/kg? It’s because people are smart. They have switched to yellow peas, the hot new source of protein with great taste and at a fifth of arhar’s price.

30/07/2009 (Bernama), Kuala Lumpur - Maximising productivity from Malaysia's plantation industries -- that is the top priority of the Plantation Industries and Commodities Ministry in an all-out effort to further strengthen the role of commodities in building the country's economy.

29/07/2009 (Mongabay.com) - Wilmar, one of the world's largest palm oil traders, is investing $10 million to establish an oil palm plantation in Kalangala, Uganda over the next three years, reports Bernama, Malaysia's state new agency. The investment is the first in Uganda by a Malaysian oil palm developer.

29/07/2009 (Bloomberg) - India’s central bank may start reversing its interest-rate cuts in early 2010 as food and energy prices fan inflation, after it kept borrowing costs unchanged yesterday to bolster economic growth.