Archived News
13-03-2019
Ringgit consolidates near support from 200-DMA
Malaysia’s ringgit is consolidating above support from its 200-day moving average that has capped any weakness since the middle of last month.
13-03-2019
Sime Darby Plantation looking downstream for growth
MALAYSIAN oil palm grower Sime Darby Plantation plans to boost its refining capacity and produce more higher-margin products in a bid to cut its exposure to volatile palm oil prices, an executive told Reuters.
13-03-2019
Minister of Foreign Affairs of Thailand Visits Myanmar as the Chair of ASEAN
On 7 – 8 March 2019, H.E. Mr. Don Pramudwinai, Minister of Foreign Affairs of Thailand, in his capacity as Foreign Minister and Chair of ASEAN, paid a visit to Myanmar to enhance bilateral relations, follow up on cooperation, as well as explore how Thailand and ASEAN can help Myanmar address the situation in Rakhine State
13-03-2019
‘Boycotting palm oil won’t end deforestation. But stricter new standards offer hope’
Ahead of next week’s Responsible Business Summit in New York, Dan Strechay of the Roundtable on Sustainable Palm Oil explains why his organisation’s new principles and criteria will help consumer goods giants deliver on their zero-deforestation commitments
13-03-2019
China demand for palm oil to pick up: analysts
MALAYSIA'S crude palm oil (CPO) stockpile stayed stagnant at 3 million metric tons (MT) in February, but may normalise as China demand recovers, said analysts
13-03-2019
Palm oil prices to trend higher in coming months on lower production
Palm oil prices will trend higher as production will expand at a slower pace while consumption growth will be relatively robust, Fitch Solutions said Tuesday
13-03-2019
House to consider resolution seeking to ban palm oil imports
THE House of Representatives will consider a resolution asking the government to bar imports of palm oil to help protect the domestic coconut industry
13-03-2019
No-Deal Brexit Would Decimate Britain's Auto Industry, Or Maybe Not
Debt rating experts Moody’s Investors Service and consultants Fitch Solutions have ventured into dangerous territory; trying to predict the impact on the British auto industry if the nation left the European Union without a deal
13-03-2019
ECA commends Cameroon for launching national process to ratify continental free trade pact
The UN Economic Commission for Africa (ECA) on Tuesday commended Cameroon for launching its national process toward the ratification of the Africa Continental Free Trade Agreement (AfCFTA).
13-03-2019
Explained: Asia-Pacific Economic Cooperation (Apec)
Apec promotes economic growth and cooperation as well as free trade in the Pacific Rim
13-03-2019
Malaysia pins hopes on signing RCEP this year
The government is still hoping to sign the proposed Regional Comprehensive Economic Partnership (RCEP) by this year, despite pending several issues that need to be sorted out.
13-03-2019
Green shoots of recovery for CPO
The worst is over for the plantation sector as palm oil exports are expected to make a strong recovery this month, after a dismal fourth quarter last year (Q4 18) and a surprise spike in inventory last month.