Archived News

03/07/2009 (The International News), Thatta - Federal Minister for Food and Agriculture Nazar Mohammad Gondal on Thursday performed the ground breaking and foundation stone laying ceremony of the first palm oil mill in Pakistan.

01/07/2009 (AllAfrica.Com) - The Sustainable Tree Crop Program (STCP) of the International Institute for Tropical Agriculture (IITA) has distributed 33, 000 pre-germinated high-yielding oil palm seedlings imported from Cameroon amongst 150 oil palm farmers in Bong County.

07/07/2009 (Bernama) — The Malaysian Palm Oil Board (MPOB) has approved applications for a total of RM41.974 million by smallholders for replantation exercise involving 6,995ha, MPOB director-general Datuk Dr Mohd Basri Wahid said.

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.