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CPO prices to consolidate at RM4,000 to RM4,300
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
UKM-Yayasan Sime Darby Chair For Green Technology Launched
26/09/2011 (The Star) - Deputy Prime Minister Tan Sri Muhyiddin Yassin Friday launched the Universiti Kebangsaan Malaysia-Yayasan Sime Darby (UKM-YSD) chair for sustainable development of zero waste technology for the palm oil industry at UKM here.
Quitting IMF Programme Increases Dollarisation
26/09/2011 (The News International) - Within seven days of finance minister Dr Hafeez A Sheikh’s announcement that Pakistan has decided to abandon the IMF’s current $11.3 billion programme with effect from September 30, the country’s public debt has increased by Rs60 billion due to increased dollarisation amid fears of rise in inflation in the days to come.
JCI Rebounds From 8-Month Low as Thursday’s Plunge Deemed Excessive
29/6/2011 (Jakarta Globe) - Local investors saved the day on Friday, a day after Indonesia’s benchmark stock index posted its biggest decline in three years.
RSO And CPO Slumps Sharply On Weak Global Peers
26/09/2011 (India Infoline.com) - Domestic edible oilseeds complex traded mixed in the afternoon session with RSO and CPO futures extended the early losses on the back of weak global markets. Despite the weak US Soya complex, the NCDEX Soybean futures bounced back on strong covering at technically strong support levels.
Felcra Pays RM85 Million In Dividends In Pahang
26/09/2011 (Bernama) - Felcra Berhad has allocated RM85 million as payment in dividends to its 18,000 members in Pahang this year.
Pakistan to Boost Palm Oil Imports From Indonesia on Tax Cut
23/09/2011 (Bloomberg) - Pakistan, the world’s third-largest buyer of palm oil, may boost purchases from Indonesia next year after it agreed to slash a tax on imports under a free-trade treaty, reducing dependence on Malaysia.
Palm Oil Declines Amid Weakening Demand Outlook
23/09/2011 (Gulf News) - Palm oil dropped the most in more than six weeks after the Federal Reserve signalled "significant downside risks" to the US economy, raising concerns that global demand for commodities may weaken.
Sime Darby Expects Palm-Oil Production to Increase in Indonesia, Malaysia
23/09/2011 (Bloomberg) - Sime Darby Bhd. (SIME), the world’s biggest publicly listed palm-oil producer, expects harvests from its plantations in Malaysia and Indonesia to climb in the year to June as yields improve.
Fresh Probe of Palm Oil Case Questioned By Accused
23/09/2011 (Economic Times) - In a fresh twist to the palmolein import case, senior IAS officer and Special Director-General of the Commonwealth Games Organising Committee, Jiji Thomson, has petitioned the Kerala HC to quash a vigilance special court directive ordering fresh investigation into the case, specifically to probe the role of Chief Minister Oommen Chandy in the case.
