Berita Arkib

18/09/2014 (NST) - The Minimum Wages Order 2012, which took effect from January last year, requires employers with six employees and above to pay a minimum wage of RM900 a month in Peninsular Malaysia or RM800 a month in Sabah, Sarawak and the Federal Territory of Labuan.

18/09/2014 (Mongabay.com) - A group of palm oil and timber companies that have pledged to eliminate deforestation from their supply chains have agreed to establish a standard for determining what constitutes "forest" in terms of carbon storage.

17/09/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

17/09/2014 (Bloomberg) - Palm oil’s slump to a five-year low offers investors an opportunity to buy plantation stocks, according to Dorab Mistry, director at Godrej International Ltd., who says producers are still making money.

17/09/2014 (The Star) - Palm oil transporters have proposed to form an association to address issues and to promote safety within the industry.

17/09/2014 (The Star) - Oil palm estates in Sabah and Sarawak are experiencing new benchmark pricing despite weaker crude palm oil (CPO) prices as cash-rich plantation groups expand their domestic landbanks amid rising policy uncertainties in Indonesia.

17/09/2014 (The Star) - Plantation stocks were weaker in early trade on Wednesday as analysts remained Underweight on the sector due to the weak demand and price outlook.

17/09/2014 (Jakarta Post) - State-owned agribusiness firm PT Rajawali Nusantara Indonesia (RNI) is set to construct - via its subsidiary PT Perkebunan Mitra Ogan - a new crude palm oil (CPO) factory in South Sumatra this year, with investment of Rp 100 billion (US$8.36 million), in order to increase its CPO production.

17/09/2014 (Bloomberg) - The energy industry is set to increase consumption of palm and soybean oil over the next few months with prices “undervalued,” Oil World said.

17/09/2014 (Hindu Business Line) - Diminishing local demand has weakened the coconut oil market with prices touching ₹16,100 a quintal in Kerala and ₹15,700 in Tamil Nadu.

16/09/2014 (Reuters) - Malaysian palm oil futures rose to a one-month high on Monday, lifted by gains in U.S. and China soyoil markets and a surge in exports of the tropical oil in the first half of the month.

16/09/2014 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives hit a one-month high on Monday lifted by a surge in exports for the first half of the month. However, rising production and stocks is still a big worry and continues to cap gains.