Berita Arkib

26/03/2014 (Bernama) - Moody's Investors Service expects to see palm oil players to issue sukuk this year to tap the Malaysian market for funding.

26/03/2014 (Financial Express) - Ruchi Soya Industries, one of India's largest edible oil companies, plans to double its domestic production of crude palm oil (CPO) in four years, company officials said. The company is currently the leading player in oil palm processing in the country, with access to nearly 2 lakh hectares of land that can be utilised for oil palm cultivation. India is the world's biggest buyer of vegetable oil, importing nearly 60 % of its annual consumption.

26/03/2014 (Environmental Leader) - Colgate-Palmolive has issued a new Policy on No Deforestation, including a pledge to achieve full traceability of its palm oil supply back to the plantation by 2015.

26/03/2014 (The Star) - The key FBM KLCI dipped into the red at midday on Wednesday amid volatile trading, dragged down by mild profit taking on CIMB, IOI Corp and UMW.

25/03/2014 (Reuters) - Malaysian palm oil futures fell to a more than one-month low on Monday, giving up gains from the early session to extend losses into a third straight day on fears of lacklustre demand for the tropical oil, although tight stocks kept prices propped up.

25/03/2014 (Environmental Leader) - General Mills said it will source 100 percent of its palm oil from responsible and sustainable sources by 2015, a commitment it first made in 2010.

25/03/2014 (NNT) – Mr. Suwit Chuawichian, the Director of Regional Investment and Economic Center 6, Board of Investment or BoI, reports that investment in southern provinces in 2014 continues to expand, after the highest number of applications for investment promotion in the past five years in 2013. This year, the direction of investment in the South is favoring the crude palm oil and rubber industries.

25/03/2014 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1700 GMT.

25/03/2014 (Zambeef Daily Mail) - Government is impressed with Zambeef Products’ US$19 million investment in a palm oil project in Mpika, which has significantly helped to boost national economic growth.

25/03/2014 (Borneo Ppst) - Sarawak Oil Palms Bhd (Sarawak Oil Palms) which is not affected by Wilmar International Limited’s (Wilmar) latest policy is believed by analysts to be an under-researched and undervalued stock.

25/03/2014 (Hindu Business Line) - Imported palmolein and soyabean refined oil declined by ₹2 and ₹5 for 10 kg each on Monday as local refineries have reduced their rates amid slack physical demand. Rapeseed oil dropped by ₹2 while groundnut, cotton and sunflower oil ruled steady. Morale was weak, said traders.

25/03/2014 (IFA Magazine) - Malaysia-focused palm oil group Asian Plantations has hired a financial advisor to conduct a formal sale process to seek buyers for the company.