Archived News

07/07/2009 (The Star Online) - Harn Len Corp Bhd (HLCB) will invest RM40mil in its new palm oil mill located in the Masranti Estate in Samarahan, Sarawak.

07/07/2009 (The Malaysian Insider) – The slow uptake of pricier “green” palm oil in European supermarkets may see Asian producers focus on cheaper variants that have been sustainably sourced in the first place, a Malaysian palm industry official said on Tuesday.

06/07/2009 (Business Times) - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower yesterday on lack of interest ahead of the weekend, dealers said.

06/07/2009 (Business Times) - The government-owned agency has received offers from Colombia, Brunei, Myanmar and Africa to open estates in these countries

02/07/2009 (Bloomberg) - IOI Corp, Malaysia's second largest palm oil producer, will invest RM450 million (US$128 million) this fiscal year to expand its specialty fats business to take advantage of higher profit margins.

02/07/2009 (Business Times) - IOI Corp, Malaysia’s No 2 planter, said today that the worst was over for the plantation sector as palm oil prices have recovered from last year’s slump although M&A activity would be muted.

01/07/2009 (Bernama), Kuala Lumpur — Felda Global Ventures Holdings plans to invest more than RM6 billion over the next five years to expand its overseas presence in the core plantations and related businesses.

30/06/2009 (Reuters), Hamburg - Some Indian importers are seeking to postpone palm oil shipments from June to July as large domestic vegetable oil stocks are pressuring prices, Hamburg-based oilseeds analysts Oil World said on Tuesday.

30/06/2009 (The Jakarta Post) - Conservation campaigners in Britain are calling on supermarkets to stop selling products that contain palm oil harvested from environmentally sensitive areas in Indonesia.

30/06/2009 (The Economic Times), New Delhi - India is once again planning to beef up its public stocks of imported cooking oil amid concerns that a weak monsoon could affect sowing of key oilseeds and force prices to creep up in the coming festival months.

30/06/2009 (The Economic Times) - India is planning to again build up its public stocks of imported cooking oil as prices are expected to creep up in the coming festival months. The oil would be sold in one-litre packs through ration shops to families below the poverty line.

28/06/2009 (The Northern Star) - A CAMPAIGN which started in Ballina and Lismore to lobby KFC to stop using palm oil has paid off.