Archived News
17-09-2020
Boustead Plantations retain 9,457 staff
Boustead Plantations Bhd will retain its 9,457 workforce across its operations, despite the ongoing Covid-19 crisis that has severely impacted its harvesting and production of fresh fruit bunches (FFBs) and crude palm oil (CPO).
17-09-2020
Official: Thai-EU FTA study could wrap up this month
The Trade Negotiations Department looks set to conclude the overall study of the long-awaited free trade agreement (FTA) with the EU and send the report to the commerce minister for consideration this month or early next.
17-09-2020
Malaysian palm oil jumps
Malaysian palm oil futures extended gains and ended over 1% higher on Tuesday, tracking strength in crude and rival oil prices, while higher exports in the first half of this month also aided sentiment
17-09-2020
India Edible Oil: CPO gains on bullish cues from Malaysian bourse
Futures contracts of SOYBEAN and MUSTARD fell, while those of REFINED SOYOIL and CRUDE PALM OIL edged higher on domestic exchanges today.
17-09-2020
Malaysian prisoners may face 'forced labour' on palm oil plantations
Prisoners are expected to be put to work on Malaysia’s giant palm oil plantations to make up for an acute labour shortage heightened by the coronavirus pandemic
17-09-2020
OILSEEDS PRICES
OILS (per 10 Kgs) G.Nut Raw 1310.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1170.00
17-09-2020
Vietnam: Agricultural exports to EU are enjoying EVFTA tax incentives
Vietnam plans to export several kinds of agricultural products to the European Union on September 16-17 under the EU-Vietnam Free Trade Agreement (EVFTA), following the successful shipment of shrimps – the first enjoying the agreement’s tax incentives.
15-09-2020
Asian palm giants say sustainability is the new business norm
Palm oil companies, which have faced criticism in recent years of widespread deforestation, said on Monday that ensuring sustainability across the supply chain was the new business norm as scrutiny on responsibly produced palm oil mounts.
15-09-2020
Labour shortage heightens losses in palm oil yield
THE labour shortage issue inherent in the domestic plantation industry is expected to reduce productivity and harvesting even further during the peak cycle season at the end of the year.
15-09-2020
Moves to improve palm oil quality in Ghana
Solidaridad, an international civil society organization, has partnered the Food and Drugs Authority (FDA) to promote high quality food safety standards among artisanal palm oil producers.
15-09-2020
Palm rises to nearly two-week high on hopes of slower output growth
Malaysian palm oil futures climbed on Monday to their highest in nearly two weeks, tracking strength in rival oils on the Dalian Commodity Exchange and Chicago Board of Trade, and on hopes of a slower-than-expected rise in output.
15-09-2020
The path forward for Asean
The coronavirus is no longer novel to the world, having been a fact of life and death for almost nine months. Now most countries, particularly those in Southeast Asia, are not only facing the economic and social repercussions of a protracted outbreak but also witnessing emerging trends that will permanently change the way we live and do business