Archived News
18-02-2020
Trump’s trade deal poses new dangers to Southeast Asia
After two years of alternating between tense escalation and fleeting periods of calm, the United States and China reached a preliminary phase one trade deal in December 2019.
18-02-2020
Malaysia may spend up to RM15bil for fiscal stimulus package
The government is expected to spend up to RM15 billion via a fiscal stimulus package to stimulate Malaysia’s economy and mitigate any adverse repercussions from the coronavirus (Covid-19) outbreak and other external uncertainties.
18-02-2020
Indonesia's palm oil exports to China decline due to coronavirus
Indonesia’s palm oil exports to China have declined due to a drop in demand for the vegetable oil as a result of the coronavirus outbreak, farming ministry officials said.
17-02-2020
Malaysia denies withdrawing option to sue EU on palm oil
Malaysia has not retracted its option to file a World Trade Organization (WTO) suit against European Union (EU) restrictions on palm oil-based biofuel, the minister in charge of palm oil said.
17-02-2020
Letter: Consumers must insist on sustainable palm oil
Teresa Kok’sbeyondbrics post “Britain could seal Asian trade deal by adopting a fresh attitude to palm oil†(February 11) rightly challenges Europe’s one-dimensional attitude to palm oil.
17-02-2020
FGV acquires dairy farming business for RM10m
FGV Holdings Bhd has subscribed to new shares amounting to a 60 per cent stake in the enlarged share capital of RedAgri Farm SdnBhd for RM10 million.
17-02-2020
Europe-Asia freight train service resumes
A freight train heading to Central Asia departed from Qingdao, a coastal city in East China's Shandong province, on Tuesday night.
17-02-2020
Consumer confidence dips
The coronavirus outbreak happens at the wrong time for the Malaysian economy.
17-02-2020
S. Sulawesi to Start Palm Oil Plant Construction in February End
South Sulawesi will start the construction of a new palm oil processing plant in North Luwu District in late February 2020.
17-02-2020
RPT-India's curbs on Malaysian palm imports stir up edible oil trade
India's halt on Malaysian palm oil imports has disrupted global edible oil trade flows, with Indonesia diverting supplies to feed India, Malaysia rushing to tap markets left behind by Jakarta, and India substituting palm with other oils.
14-02-2020
Malaysia to EU: 'Don't forget poor' in Green Deal
Palm oil powerhouse Malaysia urged Europe yesterday not to forget the world's farmers when it strives to meet its Green Deal ambition for carbon neutrality.
14-02-2020
Vegetable oil imports down 6% at 11.96 lakh tonnes in January 2020 Inbox
During first quarter of current oil year, November 2019-January 2020, import of refined oil (RBD Palmolein) decreased to 2,66,859 tonne from 4,06,799 tonne in same period of last year. However, import of crude oil increased marginally and was reported at 30,94,068 tonne compared to 30,22,951 tonne during the same period of last year