Archived News

Pakistan’s palm oil imports shot up to 341,000 tons in July 2020, the highest monthly number since at least CY15 if not highest ever, according to advance data release by Pakistan Bureau Statistics (PBS). The year-on-year growth in July 2020 stands at a whopping 164 percent. What explains this growth?

Ministers from Asia-Pacific countries negotiating a sprawling free trade agreement will virtually meet this week with the aim of reaching a deal by year-end, while maintaining hope that India will return to the talks, the Japanese government said Tuesday

Companies seeking to reduce dependence on China by diversifying supply chains amid the coronavirus disease 2019 (COVID-19) pandemic would have mixed implications on the Association of Southeast Asian Nations (ASEAN) economies, Moody’s Investors Service said.

The failure of an independent oil palm mill project in Sungai Laong is due to the problematic management of the company, says Assistant Minister for Local Government and Housing Datu Dr Penguang Manggil.

Futures contracts of all components in the edible oil basket, barring soybean, edged lower on the domestic exchanges today.

Boustead Plantations Bhd expects crude palm oil prices to remain supportive for the second half of the year

Malaysian palm oil futures rose on Tuesday in tandem with related oils, but traders are wary of weak export data expected later in the day.

Singapore emerged as the third-largest importer of Malaysian palm oil products in the Asean region in 2019 with an increase of 5.8 per cent in volume from 650,411 tonnes to 688,457 tonnes.

FGV Holdings Bhd stated that its improved operational efficiency, higher crude palm oil (CPO) prices, normalised fresh fruit bunch (FFB) production and reduced losses at its sugar business enabled it to make a profit for the second quarter ended June 30, 2020 (2Q20)

In the foreseeable future, Thailand will be shying away from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

The free trade negotiations between the U.K. and Japan, now entering their final stage, have evolved according to the rhythm of a Kabuki play

Contrary to the clear directions of Prime Minister Imran Khan, the inordinate delay in extending the regional competitive power tariff of 7.5 cents per unit by the Power Division has put the export industry and Small and Medium Enterprises (SMEs) in a quandary if they should continue production activities or not, as in absence of the regional competitive tariff, the industry cannot thrive any more.