Archived News

Malaysian palm oil futures slid for a third consecutive session on Monday, tracking weakness in a rival edible oil and weighed down by market talk of poorer export numbers.

The Indonesian Trade Promotion Centre (ITPC) in Lagos on Monday said that the export of non-oil products from Indonesia to Nigeria had risen to 420,555,281.5 dollars (N151.62billion) in 2018.

The Chinese consul general in Penang gave a one-sided and simplistic overview of the current United States-China trade dispute in the letter “Trade relations depend on respect”

Time to say goodbye. The leaders, minders, security details, media and staff all head back to the ten ASEAN nations following a non-controversial Bangkok Summit held over the weekend, as well as regional plenaries held last Thursday and Friday.

Even though economic development was one the key agenda items at the 34th Asean Summit held in Bangkok last week, human rights protection in the context of business operations seemed to not get sufficient attention from Asean leaders.

CIMB Equities Research is cautious if the Federal Land Development Authority (Felda) terminates the land lease agreement (LLA) with FGV Holdings Bhd.

KUALA LUMPUR: MIMOS Bhd, Malaysia’s National applied research and development centre under the Ministry of International Trade and Industry (MITI), announced plans to expand its collaboration with Oracle to explore how the Government can utilise Blockchain to streamline various processes with the aim of improving the ease of doing business in Malaysia.

The government must find a way to deal with the palm surplus that satisfies all parties

The Philippines and Indonesia agreed to narrow their trade imbalance, currently in favor of Jakarta, by allowing more Philippine products into the Indonesian market.

The sprawling Regional Com­pre­hensive Economic Partnership (RCEP) is poised to become the biggest global trade deal, linking half the world’s people and marking Beijing’s dominance in Asian trade.

South-East Asian leaders gathered in Bangkok determined to drive forward the world’s largest commercial pact, with the trade war between the US and China clouding the outlook for their export-led economies.

Part of Olam’s ability to fulfil its obligations lies in the fact that it owns both the plantations and the mills where it operates in Gabon. It has 144,000ha of concession land, of which 94,000ha are certified. It owns two mills that can trace their palm oil supply to plantations. In Africa, smallholder farmers are not common, which allows companies such as Olam to develop modern farms and employ locals within the communities.