Archived News

FGV Holdings Bhd wants the Federal Land Development Authority (Felda) to stop issuing further statements to the media on the issue of the land lease agreement (LLA), saying it has yet to receive a written notice from the latter regarding the LLA termination and its intention to take over FGV’s palm oil mills nationwide.

Rates of edibles have crossed all limits at a time when the average incomes have decreased. Majority of citizens in Pakistan never lived comfortably, but the income of the lower middle class was at least enough to escape from hunger.

Research led by the University of Kent's Durrell Institute of Conservation and Ecology (DICE) has found that Indonesian communities living near oil palm plantations are impacted in different ways, both positive and negative, during plantation development and certification.

Crude palm oil (CPO) prices’ rising to a year-to-date high of RM3,185 a tonne on Oct 27 should augur well for the commodity next year, according to CGS CIMB Research

The future make up of biofuels in the EU is becoming clearer, with recent regulatory moves by some countries suggesting the bloc could meet its target to phase out palm oil and soy oil from the slate ahead of schedule. This should support EU demand for biodiesel made from domestically-grown rapeseed oil, which trades at a premium to imports.

Palm oil industrial players should keep an open mind and explore today’s latest technology, namely the blockchain technology that can offer great value to and differentiate Malaysia’s palm oil production as sustainable and credible.

Malaysian palm oil futures fell on Monday for a fourth straight session, dragged by weakness in rival oils and crude, although losses were limited due to higher October exports

Average prices for sunflower oil last week set a new record, rising by 1,150 rubles to 76,325 rubles per tonne (including VAT). Sunflower also rose to new highs, prices for which increased by 275 rubles, to 31,825 rubles per tonne (excluding VAT).

SHARES of Wilmar International jumped 5.5 per cent on Monday after the agri-business group posted a 20 per cent rise in Q3 net profit and announced a special dividend on Friday.

ndonesian exports have been enjoying the GSP facility given by the US since 1980. In 2019, Indonesian exports worth US$2.61 billion (S$3.56 billion), or 13 per cent of its total US$20.1 billion exports to the US, were eligible.

With the highly anticipated Budget 2021 to be announced on Friday, the Sarawak Oil Palm Plantation Owners Association (Soppoa) has compiled a wishlist which it believes would greatly assist in assuring the sustainable development of the industry in Sarawak.

THE government’s decision to issue temporary work permits to illegal foreign workers will assist plantation players and smallholders in cushioning the labour shortage impact, which is resulting in 20-30 per cent potential production not being realised.