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Berita Arkib

MARKET DEVELOPMENT  
  01-08-2011

Malaysia Sends Envoy To Negotiate On Palm Oil Laws

01/08/2011 (The Australian) - ALTHOUGH the Malaysian government has signed up to an asylum-seeker deal with Australia, it has at the same time sent a minister to lobby against a parliamentary move he says threatens his country\'s biggest rural industry, palm oil.

MARKET DEVELOPMENT  
  01-08-2011

Indonesian Economy Grew in Q2, Profits Indicate

01/08/2011 (Jakarta Globe) - Profits at some of the largest companies in Indonesia rose in the second quarter, boosting the case that the economy grew during that period.

MARKET DEVELOPMENT  
  29-07-2011

Crude Palm Oil Down 1.77% on Weak Global Cues

29/07/2011 (Business Standard) - Crude palm oil prices fell further by Rs 8.60 per kg in futures trade today, largely in tandem with a weakening trend overseas amid adequate stocks in the spot markets.

MARKET DEVELOPMENT  
  29-07-2011

Malaysia\'s IOI Corp Unit To Buy Palm Oil Land For 830 Mln Rgt

29/07/2011 (Reuters) - Malaysian planter IOI Corporation Berhad said on Thursday that its subsidiary would buy 11,977.91 hectares of oil palm plantation land for 830 million ringgit ($282 million) to boost its land bank.

MARKET DEVELOPMENT  
  29-07-2011

Malaysia No Longer Cheap Labour Destination For Oil Palm Sector

29/07/2011 (Bernama) - Malaysia as a whole, and Sabah in particular, are no longer destinations for cheap labour in the oil palm sector, said state Industrial Development Minister, Datuk Raymond Tan Shu Kiah.

MARKET DEVELOPMENT  
  29-07-2011

KL Needs 40,000 Farm Workers

29/07/2011 (Manila Buletin) – Authorities here told visiting officials from the Autonomous Region in Muslim Mindanao (ARMM) that Malaysia’s Federal Land Development Authority (FELDA) is in need of some 40,000 workers in its expanding palm oil farms, and that Filipinos are given preference.

MARKET DEVELOPMENT  
  29-07-2011

IOI To Buy Oil Palm Estate For RM830m

29/07/2011 (The Star) - IOI Corp Bhd, through an indirect wholly-owned subsidiary, Sri Mayvin Plantation Sdn Bhd, has proposed to acquire 11,977.91ha of oil palm plantation land in Sabah from Pertama Land & Development Sdn Bhd for RM830mil.

MARKET DEVELOPMENT  
  29-07-2011

Indonesia Stocks: Bank Bukopin, Garuda Indonesia, Verena Multi

29/07/2011 (Bloomberg) - Shares of the following companies had unusual moves in Indonesian trading. Stock symbols are in parentheses, and prices are as of 4 p.m. Jakarta-time close.

MARKET DEVELOPMENT  
  28-07-2011

AIC, Jotech and AutoV Set To Merge Via Share Swap

28/07/2011 (The Star) - The proposed merger of AIC Corp Bhd, Jotech Holdings Bhd and AutoV Corp Bhd will be done via a share swap that would be priced at a slight premium over the last traded market prices of all three companies, a source close to the deal said.

MARKET DEVELOPMENT  
  28-07-2011

Malaysian Palm Oil Chief Hits Out At Orang Utan Treatment At Melbourne Zoo

28/07/2011 (Bernama) - Malaysian Palm Oil Council's chief executive Tan Sri Datuk Dr Yusof Basiron has lashed out at the treatment of orang utans at the Melbourne Zoo here, describing it as deplorable and a disgrace.

MARKET DEVELOPMENT  
  28-07-2011

Palm Oil Advances for Second Day on U.S. Soybean Crop Concerns

28/07/2011 (Bloomberg) - Palm oil climbed for the second day on speculation that worsening soybean crop conditions in the U.S. may boost demand for the tropical oil.

MARKET DEVELOPMENT  
  28-07-2011

Surging Profits Indicate Palm Oil Sector on Track

28/07/2011 (Jakarta Globe) - Plantation companies including Astra Agro Lestari and BW Plantation reported a surge in first-half profits, suggesting other producers of crude palm oil are likely to meet or exceed analysts’ estimates.