Archived News
29-10-2019
Crude oil, CPO markets steadily up
The commodities market, especially crude oil and crude palm oil (CPO) has been climbing steadily in the final quarter of 2019.
29-10-2019
India’s ‘ban’ on Malaysian palm oil seen a zero-sum game
As Malaysia and the European Union continue engaging in a dispute over the sustainability of palm oil production, the local palm oil market faces another challenge — with its largest buyer and the world’s biggest edible oil importer, India.
29-10-2019
Japanese stocks extend rally on U.S.-China trade deal hopes
Japan’s Nikkei index rose to the highest in more than a year on Tuesday as optimism that the United States and China can scale back their bruising trade war buoyed hopes for higher corporate earnings.
29-10-2019
Making palm oil a ‘sustainable’ crop
Rather than spending time to develop environmental and social criteria, India could use the existing global norms for imports
29-10-2019
Palm oil market -- bargaining power is key
World's dominant palm oil producers, Indonesia and Malaysia contribute 87 per cent of the global supply -- creating a duopoly market of the most versatile edible oil.
29-10-2019
Indonesian court fines palm oil firm $18.5m over forest fires in 2015
A court in Indonesia has ordered palm oil company PT Arjuna Utama Sawit to pay the equivalent of $18.6 million in fines and damages for fires on its land in Borneo in 2015, in the latest instance of a zero-tolerance
29-10-2019
Oil prices edge lower ahead of inventory data
Oil prices edged lower in quiet trade on Tuesday as concerns about slower economic growth overshadowed signs of a thawing in the trade war between Washington and Beijing, while investors awaited U.S. inventory data.
29-10-2019
Spotlight: Malaysia confident in China-ASEAN FTA upgrade protocol for greater access to Chinese market
Trade between Malaysia and China is set for a further growth with the upgrading protocol of China-ASEAN Free Trade Area (CAFTA), especially in agricultural products, predicted Malaysian Agriculture and Agro-based Minister Salahuddin Ayub.
29-10-2019
Indonesia, Morocco ink partnership on economy, counter-terrorism
The governments of Indonesia and Morocco have signed four Memoranda of Understanding (MoU) in the industry, maritime and fisheries sectors, for counter-terrorism measures and exchange of financial intelligence data on money laundering and terror funding.
29-10-2019
Palm oil — A duopoly market where bargaining power is key
World's dominant palm oil producers, Indonesia and Malaysia contribute 87% of the global supply -- creating a duopoly market of the most versatile edible oil.
29-10-2019
Prime Minister Mahathir’s ‘Acid Tongue’ is Threatening Malaysia’s Economy — Tarak Singh
As the possible trade war between Malaysia and India looms ahead, it seems that most of Malaysia has all but moved on from caring. Local news headlines regarding the spat are few and far between and bringing it up in public prompts a ‘that-was-so-last-week’ eyeroll
25-10-2019
Farmers oppose RCEP free trade agreement
Federation of farmers’ association has sent a memorandum to the district collector of Trichy opposing the proposed regional comprehensive economic partnership (RCEP) free trade agreement.