Berita Arkib

The Energy Ministry is considering using a surplus of crude palm oil this year to replace fossil fuels for power generation at two state-run plants in Chachoengsao and Ratchaburi.

The European RME outright price passed a six-year high Monday as continuing logistical issues stemming from the low water levels along the Rhine tightened their presence in the European biodiesel market.

Israel will become the 46th country with which Ukraine will maintain free trade relations.

Gross domestic product in China expanded at its weakest pace in nearly a decade in July through September, with growth in the manufacturing sector slowing to a near standstill.

Malaysia’s exports rebounded by 6.7% year on year (yoy) in September 2018 to RM83 billion after a dip of 0.3% in the previous month, boosting the trade surplus to a 10-year high of RM15.3 billion, the Statistics Department said.

The chief executive of BBGI, a group of biofuel production companies under BCP Corp, said on Tuesday that the present plunge in the price of palm oil had caused the price of biodiesel to be close to that of the wholesale price.

Malaysian palm oil futures fell more than 1 per cent on Monday, pressured by expected higher inventories in October and tracking weakness in crude oil prices.

Indonesian President Joko Widodo signed a recent moratorium on new palm oil concession permits

A report commissioned by industry body The Consumer Goods Forum (CGF) has called for greater collaboration to tackle forced labour issues in the palm oil industry.

Malaysian palm oil futures fell over 1% in early trade on Monday, on expectation of higher inventories in October and tracking weakness in crude oil prices.

The US and China, among others, are expected to object at the World Trade Organization (WTO) to New Delhi’s customs duties on information and communications technology (ICT) products, particularly mobile phones and other gadgets, on the grounds that India is not adhering to its bound tariff commitments.

Indonesia is expanding trade partnerships with different countries and economic blocs and a free trade agreement (FTA) with Pakistan is a part of the plans, said Indonesia Trade Minister Enggartiasto Lukita.