Berita Arkib

17/08/2013 (The Star) - A “low-ball offer” is what many have termed Kulim (M) Bhd’s partial takeover of New Britain Palm Oil Ltd (NBPO), and that isn’t far from the truth.

17/08/2013 (The Star) - In a lengthy reply to the independent directors of New Britain Palm Oil Ltd (NBPOL), Kulim (M) Bhd has sought to defend its partial offer to enlarge its current holdings of 48.97% in NBPOL to 68.97%.

17/08/2013 (Hindu Business Line) - Rupee depreciation is likely to hit imports of crude palm oil by India, the world’s largest market for the commodity, driving down prices in the medium term. Concerns about demand from China, another major market, and a significant harvest in the first half of 2013 are also likely to depress rates for the cooking oil.

17/08/2013 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended higher and posted their best weekly performance since early February, as rising exports boosted investor optimism. Malaysian palm oil exports for the Aug. 1-15 period rose 17.7 per cent from the same period a month ago to 644,589 tonnes, cargo surveyor Intertek Testing Services said on Thursday.

16/08/2013 (Reuters) - Malaysian palm oil futures rose to the highest in more than a month on Thursday, boosted by strong exports from the world's second-largest producer as major buyer China stocks up ahead of the Mid-Autumn festival in September.

16/08/2013 (Wall Street Journal) - Scientists have identified the gene responsible for determining the yield of oil palm fruits. The discovery is being hailed as a breakthrough, potentially paving the way to thwart disease, increase yield and reduce tensions with environmentalists, though much work is ahead before the finding can be applied commercially.

16/08/2013 (Bloomberg) - Palm oil shipments from Indonesia, the biggest producer, were probably little changed last month from the two-month low in June as higher local prices lured importers to cheaper supplies from Malaysia. Futures rose.

16/08/2013 (Bernama) - Kenanga Research has maintained a "neutral" call on the plantation sector, while leaving its current calendar year 2013-2014 average crude palm oil (CPO) price forecast of between RM2,500-RM2,700 per metric tonne, unchanged.

16/08/2013 (Bernama) - The Sarawak Land Consolidation and Rehabilitation Authority (Salcra) has identified 22 new areas, involving 61,000 hectares throughout the state for the setting up of oil palm estates, Deputy Chief Minister Tan Sri Alfred Jabu said today.

16/08/2013 (The Star) - AmResearch remains positive on Malaysia’s plantation sector for now and it has Buy recommendations on Genting Plantations, IJM Plantations, TSH Resources and KL Kepong.

16/08/2013 (Borneo Post) - Malaysia’s crude palm oil (CPO) saw its stockpile rise despite a surge in production, spurred by robust biodiesel factors as well as an increase in palm oil consumption.

16/08/2013 (Daily Times) - Pakistan can save over $2 billion annually by encouraging domestic edible oil sector, an expert on extraction of edible oils said on Thursday.