Latest News

MARKET DEVELOPMENT
01-03-2014

Sime On Track To Achieve KPI Of RM2.80 Billion Net Profit

01/03/2014 (Bernama) - Sime Darby Bhd is still on track to achieve its key performance indicator (KPI) of RM2.80 billion net profit for financial year ending June 30, 2014, says President/Group Chief Executive, Tan Sri Mohd Bakke Salleh.

MARKET DEVELOPMENT
01-03-2014

Aquino Urges Malaysian Firms To Tap Philippines' Business, Trade Opportunities

01/03/2014 (Bernama) - Malaysian construction and plantation companies should tap the huge business and trade opportunities in the Philippines, which recorded strong economic growth of 7.2 per cent last year, says its President Benigno S. Aquino III.

MARKET DEVELOPMENT
01-03-2014

Edible Oil Heats up on Global Cues

01/03/2014 (Hindu Business Line) - The bullish trend in edible oils continued on Friday, taking cues from the global palm and soya oil futures. However on the domestic futures market, soya oil declined on increased selling pressure. Concern over Malaysian palm oil data and unfavourable weather kept stockists away from fresh bulk bet, said a Mumbai-based broker.

MARKET DEVELOPMENT
01-03-2014

Palm Oil/Vegoils: Market Factors to Watch March 13 (Thursday)

13/03/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday.

MARKET DEVELOPMENT
28-02-2014

VEGOILS-Palm Ends Lower on Profit-taking, Dry Weather Worries Support

28/02/2014 (Reuters) - Malaysian palm oil futures ended lower on Thursday as investors booked profits after the previous day's gains, but concerns over unfavourable weather squeezing supplies curbed losses and kept prices near a 17-month high.

MARKET DEVELOPMENT
28-02-2014

Malaysia-UAE Trade Set To Surge This Year, Says Matrade

28/02/2014 (Bernama) - Bilateral trade between Malaysia and the United Arab Emirates (UAE) is expected to surge this year, said Malaysian External Trade Development Corp (Matrade).

MARKET DEVELOPMENT
28-02-2014

Bursa Malaysia Plans to Start RBD Palm Olein Futures This Year

28/02/2014 (Bloomberg) - Malaysia will start a futures contract for refined, bleached and deodorized palm olein in 2014 so that refining margins can be hedged, according to the head of the countryâ€™s derivatives exchange.

MARKET DEVELOPMENT
28-02-2014

Sarawak to Maintain its 60 Pct Forest Cover â€” Awang Tengah

28/02/2014 (Borneo Post) - The state government has set a target of 25 per cent of its 12.4 million hectaresâ€™ land mass for various agricultural purposes.

MARKET DEVELOPMENT
28-02-2014

Strong Palm Oil Prices Send Plantation Stocks Higher

28/02/2014 (The Star) - Plantation stocks were mostly higher at midday on Thursday with IOI Corp among the gainers as investor interest perked up after crude palm oil prices for third-month delivery rose above RM2,800.

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