Archived News
14-11-2019
Govt to establish more cooperatives to help oil palm smallholders
The Primary Industries Ministry, through the Malaysian Palm Oil Board (MPOB), plans to establish more cooperatives for oil palm smallholders.
14-11-2019
Growing palm oil surplus may limit export demand for soybean oil
The resurgent palm oil sector is a major obstacle for growth in global soybean oil trade, says the US Department of Agriculture (USDA).
14-11-2019
Establish more cooperatives to help oil palm smallholders
The Primary Industries Ministry, through the Malaysian Palm Oil Board (MPOB), plans to establish more cooperatives for oil palm smallholders.
13-11-2019
Sharp sequential decline in CPO exports to India
There is weakening demand growth for crude palm oil (CPO) from India as the Indian government raised additional tariff rate of five per cent on Malaysian refined palm oil on September 4, 2019 to 50 per cent.
13-11-2019
Indonesia-Australia strengthen relationship
The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) signed in March looks set to be ratified before the end of the year and it could be the foreign investment boost the new administration is looking for
13-11-2019
India’s Free-Trade Agreement Blues: No Alternative To Engaging China – Analysis
The threat of trade protectionism is fast rising as the world economy hovers on the brink of a recession. The US has pulled out of the Trans-Pacific Partnership. A trade war between the US and China is in prospect. Brexit is in the air.
13-11-2019
VEGOILS-Palm rises on weaker ringgit, but cheaper rival oils cap gains
Malaysian palm oil futures rose on Wednesday, recovering some lost ground after the previous session's sharp fall, as the ringgit weakened, although cheaper rival oils capped gains
13-11-2019
Indonesia Set to Sue European Union to WTO
Minister of Trade Agus Suparmanto affirmed that Indonesia would file a lawsuit against the European Union (EU) to the World Trade Organization (WTO) this year.
13-11-2019
SE Asia Stocks-Most slip on trade uncertainty, new tariff threat
Most Southeast Asian stock markets lost ground on Wednesday, after U.S. President Donald Trump offered no new details on trade talks with China and warned Beijing of more tariffs if an interim deal was not struck.
13-11-2019
India should have signed up for RCEP
Had India not pulled out at the last minute from signing the deal during the 3rd summit of the Regional Comprehensive Economic Partnership (RCEP) in Bangkok on November 4, the RCEP would have been the largest free trade area in the world so far—comprising of 16 Asia Pacific countries that house 3.4 billion people, and constituting one-third of the global gross domestic product (GDP) and 40 percent of global trade
13-11-2019
First Resources posts 28.5% drop in 3Q earnings to S$38 mil
First Resources saw a 28.5% drop in its latest 3Q19 earnings, which came in at US$27.9 million ($38.0 million), compared to US$39.0 million in 3Q18.
12-11-2019
CPO closes at 2-year high on better-than-expected MPOB data
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed at a two-year high at RM2,655 per tonne on Monday (Nov 11), analysts said.