Archived News
10-10-2003
Govt Will Pay RM3.4 Bln For Sukhoi Jets Over Five
KUALA LUMPUR, Oct 9 (Bernama) -- The government will pay for the purchaseof 18 Su-30MKM aircraft including spare parts costing RM3.8 billion overfive years between this year and 2008, Deputy Defence Minister Datuk MohdShafie Apdal said Thursday.
10-10-2003
Palm oil players call for special fund to assist S
October 8 2003 - THE palm oil fraternity has suggested that a special fundof between RM500 million and RM1 billion be established to assist small-and medium-scale enterprises (SMEs) to be active in downstream activities.
10-10-2003
Palm oil price may hit RM1,600 by December
October 04 2003 - DECLINING stockpiles and possible poor production ofother edible oils in the coming months have pushed up palm oil prices,with market players expecting the uptrend to remain strong.
10-10-2003
Palm oil prices expected to stay at current levels
October 10 2003 - PALM oil prices are expected to remain at current levelsof about RM1,500 a tonne in the near term, an attractive price against itscompetitors amid steady global demand.
06-10-2003
Edible Oil Imports By India At 4.86 Mln Tonnes Fro
NEW DELHI, Oct 3 (Bernama) -- Edible oil imports by India from November2002 to October 2003 aggregated 4.86 million tonnes, exceeding the wholeyear imports of the previous year by 4.3 million tonnes.
06-10-2003
Firmer palm oil price next year
Saturday October 4, 2003 (The Star) - THE price of palm oil is likely tobe firmer in the first quarter next year than in the current quarter onexpectations of continued tight supply and lower stocks of the world'smajor oils and fats.
06-10-2003
Palm Oil Exporters Should Not Only Concentrate On
KUALA LUMPUR, Oct 3 (Bernama) -- The concentration of most palm oilexports to five countries warrants attention because any significantshortfalls in imports by one of them could have a negative impact on theMalaysian palm oil industry, Primary Industries Minister, Datuk Seri DrLim Keng Yaik said.
02-10-2003
Golden Hope projects average annual pre-tax RM550m
2 October ,2003 - GOLDEN Hope Plantations Bhd, soon to be an enlargedplantation company, expects to make an average annual pre-tax profit ofRM550 million for five years starting from this year to 2008.
02-10-2003
Kulim to expand ops to meet likely increase in pal
KULIM (Malaysia) Bhd is set to expand the operations of its plantations inMalaysia, Papua New Guinea (PNG) and Indonesia to meet an expectedincrease in global demand for palm oil.
02-10-2003
Use Modern Technology, Oil Palm Smallholders Told
BERA, Pahang, Sept 29 (Bernama) -- Primary Industries Minister Datuk SeriDr Lim Keng Yaik has urged oil palm smallholders to use modern technologyand expertise to reduce production costs.
26-09-2003
Copra, palm kernel imports seen hit by new EU rule
Thursday, May 29, 2003, AMSTERDAM - New stricter European Union rules onanimal feed are due to virtually halt Asian shipments to Europe of copraproducts and might also curb imports of palm kernel expellers, industrysources said on Tuesday.
25-09-2003
CHINA, P.R. - OILS & FATS DOMESTIC DEMAND
23 Sept, 2003 (Oil World Flash) - The official import data for Augustconfirm very strong domestic demand. Imports were higher than expected forsoybeans and, in particular, again for palm oil. Soybean imports wereboosted to 2.45 Mn T and this brought the total for Oct/Aug 2002/ 03 to arecord 18.4 Mn T or more than double the quantity imported the yearbefore. A slowing-down is now expected for September. But Chinese soybeanpurchases have picked up and we should see increasing US exports to Chinafrom October onward. The latest US export sales report showed newcropsoybean export commitments to China at 1.8 Mn T as of Sept 11, up from1.69 Mn T a year ago. Last week’s Chinese purchases were not yet includedin this figure.