Latest News

MARKET DEVELOPMENT
16-06-2012

Sarawak Plantation To Carry Out Planting of Oil Palm Trees on 8,500ha

16/06/2012 (The Star) - Sarawak Plantation Bhd (SPB) is carrying out new planting of oil palm trees on 8,500ha this year.

MARKET DEVELOPMENT
16-06-2012

Activity At Karachi and Qasim Ports

16/06/2012 (Business Recorder) - The Karachi Port handled 92,104 tonnes of cargo including 54,986 tonnes of import, 37,118 tonnes of export cargo and 4,314 loaded and empty containers (TEUs) during the last 24 hours of business activities ended at 0700 hours on Friday.

MARKET DEVELOPMENT
16-06-2012

Bakrie Sumatra Sets 60% Revenue Growth Target

16/06/2012 (Jakarta Post) - PT Bakrie Sumatra Plantation (UNSP) says it expects to generate Rp 7 trillion (US$742 million) in revenue this year, a potential 60 percent increase over last year, on the back of its oleochemical business.

MARKET DEVELOPMENT
16-06-2012

India-Indonesia Trade To Touch $45 Billion By 2015: Andi M Ghalib

16/06/2012 (Economic Times) - The bilateral trade between India and Indonesia is expected to grow to $ 45 billion by 2015 from $ 20 billion at present, ambassador of the Republic of Indonesia Andi M Ghalib said today.

MARKET DEVELOPMENT
16-06-2012

Felcra Aims To Develop Another 10,000-20,000 Ha For Oil Palm Cultivation In Sarawak

16/06/2012 (Bernama) - Felcra Bhd aims to develop between 10,000 and 20,000 hectares of land for oil palm cultivation in Sarawak as part of its expansion plan, its chairman Datuk Tajuddin Abdul Rahman said Friday.

MARKET DEVELOPMENT
16-06-2012

Sabah Reaps Benefit Brought By Harmonious Relations With Federal Government

16/06/2012 (Bernama) - Prime Minister Datuk Seri Najib Tun Razak tonight said that the harmonious relations between Sabah and the federal government had brought bountiful development for the state and its people.

MARKET DEVELOPMENT
16-06-2012

Glenealy Plantations Plans RM500M Debt Notes For Expansion

16/06/2012 (The Star) - Glenealy Plantations (Malaya) Bhd has proposed to issue up to RM500m in nominal value of medium term notes (MTN) to fund the group's future planting and expansion programmes.

MARKET DEVELOPMENT
16-06-2012

Refined Palmoil Falls on Poor Demand

16/06/2012 (Business Standard) - Refined palmoil prices fell further at the oils and oilseeds market here today on poor retail demand.

MARKET DEVELOPMENT
15-06-2012

VEGOILS-Palm Oil Hits New 2012 Low on Global Economic Woes

15/06/2012 (Reuters) - Malaysian palm oil futures slumped to their lowest in 2012 on Thursday as the euro zone debt crisis and sluggish U.S. growth triggered a flight of capital from riskier assets.

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