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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
MITI: Malaysia secures RM9.3 bil investment from Japan
06/09/2022 (New Straits Times), Kuala Lumpur - Malaysia has secured investments worth RM9.3 billion via the latest Trade and Investment Mission (TIM) to Japan led by Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali.
Jakarta, Tokyo discuss trade cooperation
06/09/2022 (Daily Express), Jakarta - Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto received Japanese Minister of Energy, Trade and Industry Nishimura Yasutoshi and they discussed trade and investment cooperation, Indo-Pacific Economic Framework (IPEF), and G20 Summit.
Bursa ends at day's low on last-minute selling
06/09/2022 (The Edge Markets) - Bursa Malaysia erased earlier gains to close marginally lower on Tuesday (Sept 6) at its intraday low due to profit-taking activities, particularly in financial services stocks in the last 10 minutes of trading, a dealer said.
Indonesia joins Asia dollar bond rush with sovereign deal
06/09/2022 (The Malaysian Reserve) - INDONESIA marketed a benchmark-sized dollar bond, joining a flurry of activity in Asia as issuers took advantage of a letup in borrowing costs.
SOYBEANS EASE ON ARGENTINE EXPORT PUSH
06/09/2022 (Reuters), Paris/Singapore - Chicago soybean futures lost ground on Tuesday, curbed by weakness in crude oil and expectations of an exchange-rate boost to Argentine exports.
Palm oil hits six-week low on swelling reserves and demand worry
06/09/2022 (The Edge Markets), Kuala Lumpur - Palm oil posted its lowest close since late July on a retreat in rival soybean oil, concerns about bulging stockpiles in top growers and lackluster demand from Chinese buyers.
Palm oil smuggling: Triple whammy to the country
07/09/2022 (Business Mirror) - I have been writing in this space that smuggling is costing the Philippine government up to P250 billion in foregone value added tax every year. Now comes another big issue, which is the smuggling of palm oil that could kill the country’s coconut industry that employs millions of Filipinos.
Govt urged to accelerate free-trade zone set-up in Sabah east coast
06/09/2022 (New Straits Times), Kota Kinabalu - The federal government should allocate funds to accelerate the establishment of a free-trade zone in Lahad Datu's Palm Oil Industrial Cluster (POIC) to boost economic growth in Sabah's east coast region.
Cross River cautions palm oil dealers against adulteration
06/09/2022 (People Gazette) - Cross River’s Commodity and Quality Control Board has warned palm oil dealers in the state to refrain from adulterating the product, citing its effect on human health.
