Berita Arkib
25-01-2019
Swiss-Malaysian free trade talks back on track
Swiss Economics Minister Guy Parmelin has re-started negotiations with Malaysia over a proposed free trade agreement (FTA). Talks had previously broken down over the contentious topic of palm oil.
25-01-2019
UPDATE 1-Indonesia releases new rules on export revenue repatriation
Indonesia, the world’s top exporter of palm oil, has issued new rules requiring exporters of natural resources to receive earnings in the local banking industry, among new measures Jakarta announced last year to support the then falling rupiah.
25-01-2019
Hanwa signs contract on Argus fob Indonesia PKS index
Tokyo-listed trading firm Hanwa has signed one of the first long-term contracts based on the Argus fob Indonesia palm kernel shell (PKS) price index.
24-01-2019
French imports could be curbed if palm oil use restricted
Malaysia will consider laws to restrict imports of French products if Paris does not withdraw plans to curb the use of palm oil in biofuels, Prime Minister Dr Mahathir Mohamad said in a letter to French President Emmanuel Macron.
24-01-2019
Iceland still selling own-brand palm oil products despite pledge
Supermarket giant Iceland has continued to sell own-brand products containing palm oil despite pledging to stop doing so by the end of 2018.
24-01-2019
Malaysian palm oil price hits 5-mth top on weaker ringgit, stronger soyoil
Malaysian palm oil futures reversed earlier losses to rise to their highest in nearly five months on Wednesday evening, charting a fourth day of gains, on a weaker ringgit and tracking gains in U.S. soyoil on the Chicago Board of Trade.
24-01-2019
Palm Oil’s Loss May Be U.S. Soybean Gain in EU Biofuel Rule (1)
• European Union must propose rule on biofuel crops that cause deforestation or other land-use change by Feb. 1 • Palm oil would be phased out as biofuel feedstock in EU, U.S. soybean farmers could benefit
24-01-2019
AEMM: ASEAN, EU welcome joint working group to address palm oil issues
ASEAN and European Union (EU) Ministers attending the 22nd ASEAN-EU Ministerial Meeting (AEMM) in Brussels, Belgium on Monday, have welcomed the establishment of a joint working group between the EU and relevant ASEAN member States to address issues related to palm oil.
24-01-2019
Teresa Kok should learn from Najib to boost palm oil sales, says Bung Moktar
Kinabatangan MP Datuk Seri Bung Moktar Radin has called on Primary Industries Minister Teresa Kok to learn from Datuk Seri Najib Razak in promoting and selling Malaysia’s palm oil amid the current opposition towards the commodity in Europe.
24-01-2019
India raises trade deficit, discusses RCEP with China
India on Tuesday raised with China its concerns over the widening trade deficit and doubts over the Beijing-proposed free trade pact, Regional Comprehensive Economic Partnership (RCEP).
24-01-2019
Palm slips from 4-mth high on weaker crude oil, profit booking
Malaysian palm oil futures fell on Wednesday from a four-month high hit in the previous session and were set to snap a three-day rally, due to overnight weakness in crude oil prices and profit booking by investors.
24-01-2019
Palm oil likely bearish in 2019 despite Jan demand, El-Nino weather: Rabobank
Palm oil would remain bearish in 2019 with some support in Q1, Rabobank's latest commodities price forecast report released Tuesday showed.