Berita Arkib

14/02/2012 (Hindu Business Line) - Edible oil market witnessed steady trend on Monday due to lack of demand. In foreign markets, Malaysian palm oil and Dalian soya oil, were showing firm trend after the Greek Parliament approved the latest austerity measures.

14/02/2012 (Bernama) - The Federal Land Development Authority (Felda)'s venture into the canola business in Canada is laudable and will expand Malaysia's presence into the oils and fats industry, said Hulu Selangor Member of Parliament P. Kamalanathan.

14/02/2012 (Hindu Business Line) - In an effort to fight relentless inflation in food prices, the upcoming Budget may provide higher allocation for increasing production of pulses, palm oil and vegetables. There is also thinking to involve more cities in the vegetable cluster programme.

14/02/2012 (Bernama) - The people can see the results of the Corridors and Regional Cities Lab announced by Prime Minister Datuk Seri Najib Tun Razak on June 21 last year, on Thursday.

14/02/2012 (The Star) - Wilmar International, the plantation giant controlled by tycoon Robert Kuok, has managed to strike out a close to RM1bil defamation suit that had been initiated by Malaysian-based palm oil trading firm Pacific Inter-Link Sdn Bhd (PIL).

14/02/2012 (BusinessDay) - In line with its policy to boost agricultural production especially in the oil palm production, Edo State Government has concluded plans to commence registration of oil palm growers in the state.

14/02/2012 (The Star) - Crude palm oil (CPO) prices are expected to be weaker in the second half of the year, according to research analysts.

14/02/2012 (Business Times) - Malaysian plantation firm Felda Global Venture Holdings Bhd will launch its initial public offering on Malaysia’s stock exchange on May 10, state news agency Bernama cited a senior government official as saying today.

13/02/2012 (Jakarta Globe) - Eyeing growth in the crude palm oil sector, BW Plantation, a listed company, has secured a Rp 800 billion ($88.8 million) loan facility to expand its subsidiaries and buy more plantation land.

13/02/2012 (Hindu Business Line) - The Union Government is taking all steps to promote oil palm cultivation in the country to meet edible oil scarcity and for import substitution, but unless farmers get a remunerative price for the fresh fruit bunches (FFB), the situation will not improve, said Dr Y. Sivaji, honorary president of the AP Tobacco Growers' Association and a former member of the Rajya Sabha. Dr Sivaji, who participated in pre-budget consultations with the Union Finance Minister, Mr Pranab Mukherjee, pleaded in a written note that the present price fixing formula for oil palm FFBs is “unscientific and wholly in favour of the oil palm processor rather than the farmer. Unless farmers get remunerative price for FFB, the objective of area expansion cannot be achieved.”

13/02/2012 (Business Recorder) - Indonesian palm oil firm Bumitama Gunajaya Agro is reviving its $160 million initial public offering in Singapore after shelving it in June, a signal that investors' appetite for IPOs could be returning.

13/02/2012 (Bernama) - The Federal Land Development Authority (Felda) has added RM200 million to its loan facility for settlers to build and repair their houses.