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A delicate balance for biodiesel mandate
Malaysia plans phased expansion of biodiesel programme, minister says
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Palm Oil Struggles For Sustainability
27/10/2011 (Financial Times) - Global efforts to put the $50bn palm oil industry on a sustainable footing are under threat because of lack of support from fast-food chains and other end-users, according to GreenPalm, a supporter of the initiative.
IOI Cancels RM830Mil Plan to Buy Sabah Land
27/10/2011 (The Star) - IOI Corp Bhd has terminated its proposed acquisition of 11,977.91ha of oil palm plantation land in Sabah from Dutaland Bhd for RM830mil.
Neste Oil Surprises Market With Better-Than-Expected Q3 Result
Activists protesting against use of palm oil stage protest outside Neste headquarters.
Hopes for Strong Earnings Figures Buoy Local Stocks
27/10/2011 (Jakarta Globe) - Indonesian stocks overcame a grim opening to end up in positive territory for the third straight day on Wednesday amid expectations of good news from earnings results and hopes of a breakthrough in Europe’s debt crisis.
Ukraine\'s Trade with Malaysia in 2012 May Reach Level of 2008
27/10/2011 (UkrAgroConsult) - The Malaysia External Trade Development Corporation (Matrade) has noted the growth in trade between Ukraine and Malaysia since 2010 and hopes to reach the 2008 figure of $352 million in 2012, which will exceed the figure for 2010 by 31.4%.
Trade Expo Books $464.5m, Exceeding Target of $380M
27/10/2011 (Jakarta Post) - Despite potentially negative impacts from the global economic downturn looming, Indonesia’s biggest international trade exhibition, Trade Expo Indonesia (TEI), has booked US$464.5 million in transactions, much higher than the initial target of $380 million.
Where Are The Angel Investors?
“ANGEL investors don’t come with a halo and wings, but they can seem heaven-sent to an entrepreneur struggling to find financing.†— Cathie Gandel.
Greenpeace Targets Neste Oil Over Palm Oil Production
26/10/2011 (AFP) - Dozens of Greenpeace demonstrators chained themselves outside Neste Oil headquarters near Helsinki on Tuesday in protest at the company\'s palm oil production for diesel fuel.
IOI Corp Sees Better Performance in FY12
26/10/2011 (The Edge Malaysia) - IOI Corp Bhd expects its financial performance for the current FY12 ending June 30 to improve from a year earlier, buoyed by improved profitability in its resource-based manufacturing division.