Archived News
09-06-2020
Indonesia reduces deforestation rate as researchers urge caution
Indonesia has offered a glimpse of hope for the environment, with its rate of deforestation having decreased for a third year in a row as a result of the government’s response to the devastating 2015-2016 fire crisis, even as global deforestation continues apace.
09-06-2020
Brexit Britain embarks on landmark Japan trade deal - Will 'go further' than EU-Tokyo pact
THE UK will begin talks with Japan on Tuesday with the aim of striking a comprehensive free trade deal that "goes further" than the agreement in place between the EU and Tokyo
09-06-2020
S. Korea to push for conclusion of RCEP this year despite pandemic
South Korea said Tuesday it will spare no efforts to conclude a mega Asia-Pacific trade pact by the end of this year in line with efforts to revitalize an extended slump in its exports amid the new coronavirus pandemic.
09-06-2020
Malaysia ups rice, sugar import from India
Relations between India and Malaysia are back on the upswing after taking a hit under former premier Mahathir Mohamad, with Kuala Lumpur increasing its purchases of rice and sugar from New Delhi in recent months.
09-06-2020
India Edible Oil: Soybean falls on likely higher acreage; CPO up
Following are the highlights of trading in edible oil markets today:
09-06-2020
Vietnam ratifies trade deal with EU in boost for economy
Vietnam ratified a landmark trade deal Monday with the European Union that is expected to energize the country’s manufacturing sector and exports, as it recovers from the impact of the coronavirus pandemic.
09-06-2020
Indonesia April palm oil exports at 2.65mn tonnes
Indonesia, the world's biggest palm oil producer, exported 2.65 million tonnes of palm oil and its refined products in April, the Indonesia Palm Oil Association (GAPKI) said on Monday
09-06-2020
Iran’s Authorities Are Destroying Its Agriculture
Recently, many videos have been posted on social media showing deprived farmers destroying their crops with their own hands or being forced to sell them at a low price but did not accept to give it to the government.
09-06-2020
Tax exemption augurs well for palm oil industry
The government on Friday announced a 100 per cent exemption on export duty on crude palm oil, crude palm kernel oil and processed palm kernel oil from July 1, 2020 to Dec 31, 2020,
05-06-2020
Malaysia Farms Face $3 Billion Hit From Palm Oil Worker Shortage
The coronavirus pandemic has left Malaysia’s palm oil industry without enough workers, a shortage that could cost farmers as much as 25% of their annual production -- a loss worth about $2.8 billion.
05-06-2020
India records lowest vegetable oil import in May month in a decade
NEW DELHI (June 4): India's edible oil imports in May dropped 40 percent compared with the same month last year, recording the lowest volume in the month of May in a decade.
05-06-2020
Palm oil prices snap two-day rally on forecast of higher May stockpile, lower crude
KUALA LUMPUR: Malaysian palm oil futures declined on Thursday after two days of sharp gains, on expectations of a jump in May inventories and tracking losses in crude and rival soyoil.