Berita Arkib

KUALA LUMPUR: IOI Corporation Bhd’s announcement that the Roundtable for Sustainable Palm Oil (RSPO) Complaints Panel officially closed a complaint case against its palm-oil plantation subsidiary in Ketapang, Indonesia, is credit positive for the company, says Moody’s Investors Service.

French economist and darling of the left says US president is using external threats to gain support of the poor and distract from his ‘pro-rich’ policies

China is banking on its dominance of global supply chains to help it ride out the pain from Donald Trump’s trade war.

FGV Holdings Bhd’s unit (FGVH), FGV Trading Sdn Bhd, has commenced arbitration proceedings under the auspices of the Palm Oil Refiners Association of Malaysia (Poram) against Macau-based Twin Wealth Macao Commercial Offshore Ltd relating to a US$14.62mil (RM60.83mil) sales contract.

The expected slowdown in Malaysia’s economy is unlikely to affect the country’s sovereign ratings, according to RAM Ratings.

Analyst firm Strategie Grains has reduced its estimate of the area sown with rapeseed for next year's harvest in the European Union to 6.22 million hectares from an initial outlook of 6.32 million last month.

Pune: Food and Drug Administration (FDA) officials on Thursday seized huge stock of edible oil, approximately worth Rs 80 lakh, on suspicion of adulteration from eight wholesalers in Market Yard.

Malaysian palm oil futures fell over 1% on Thursday to their lowest level in two weeks, tracking weakness in related edible oils and on forecasts of rising production.

Many palm oil companies aren’t paying their taxes, and corruption in the licensing process for plantations is rife, according to the government’s Corruption Eradication Commission.

China’s finance ministry said on Thursday it will adjust tax rebates on a wide range of export products including soymeal, a widely used animal feed ingredient, from Nov. 1.

Malcolm Turnbull's impending trip to Indonesia on behalf of the Australian government is motivated by concerns for the Australia-Indonesia Free Trade Agreement and the relationship more generally, following a negative reaction by President Joko Widodo to the ousting of Mr Turnbull as leader.

China has more to lose in the Trade War game, and, therefore, it will have no choice but to concede to Washington’s demands. But it must lose the trade war gracefully, as was the case with the US-Japan trade war back in the 1980s.