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MARKET DEVELOPMENT  
  08-06-2011

Yudhoyono Asks Countries To Refuse RI’s Illegal Timber

08/06/2011 (Jakarta Post) - President Susilo Bambang Yudhoyono warns foreign countries against receiving illegal timber from Indonesia to help the country safeguard its huge rainforest to deal with global climate change.

MARKET DEVELOPMENT  
  08-06-2011

Pay Rise Will Not Affect Sime Darby’s Earnings Forecast For The Year — Analyst

08/06/2011 (Borneo Post) - The unprecedented move by Sime Darby Plantation Sdn Bhd (Sime Darby Plantation) to raise salaries of its 37,000-strong workforce will not affect parent Sime Darby Bhd’s (Sime Darby) earnings forecast for this year.

MARKET DEVELOPMENT  
  08-06-2011

Palm Oil Falls To Near 3-week Low, Data Eyed

08/06/2011 (Business Recorder) - Malaysian palm oil slipped to anear three-week low on Tuesday as technical selling and weak oilmarkets weighed on prices, while investors positioned themselvesahead of a flurry of data due at the end of the week.

MARKET DEVELOPMENT  
  08-06-2011

Malaysian Trade Expo Begins Friday

08/06/2011 (Financial Express) - A three-day 'Showcase Malaysia-2011' will kick off in the city Friday, aiming to boost trade and bilateral relations between Dhaka and Kuala Lumpur.

MARKET DEVELOPMENT  
  07-06-2011

Malaysia Ready To Share Expertise In Palm Oil Industry With African Countries

07/06/2011 (Bernama) - Malaysia is ready to share its expertise in the development of the palm oil industry with the African countries participating in the Langkawi International Dialogue (LID) 2011.

MARKET DEVELOPMENT  
  07-06-2011

Oil Palm Sector\'s Contribution To GNI Poised To Hit RM178 Billion By 2020

07/06/2011 (Bernama) - The oil palm sector's contribution to the Gross National Income (GNI) is poised to hit the RM178 billion mark by 2020.

MARKET DEVELOPMENT  
  07-06-2011

Sime Darby Plantation Increases Salary For 37,000 Workers

07/06/2011 (Bernama) - In an unprecedented move, Sime Darby Plantation Sdn Bhd (SDP) has increased the salaries of 37,000 of its estate and mill workers throughout the country, with each of them expected to earn an extra RM200 in basic salary effective July 1st.

MARKET DEVELOPMENT  
  07-06-2011

Equatorial Palm Oil Optimistic on Market Outlook

07/06/2011 (Interactive Investor) - Full-year results from Equatorial Palm Oil (PAL), the Liberian-focused palm oil development company, revealed a robust financial position.

MARKET DEVELOPMENT  
  07-06-2011

Indonesia Rises To 27th Biggest Exporter In The World In 2010

07/06/2011 (Jakarta Post) - Indonesia was the 27th biggest exporting country in the world in 2010, moving up three places from a year before and supplanting Norway, Sweden and Poland, according to data released by the World Trade Organization (WTO).

MARKET DEVELOPMENT  
  07-06-2011

European Palm oil Drops Ahead of Stocks Data

07/06/2011 (Business Recorder) - Palm oil prices eased on Monday on the European vegetable oil market on expectations for higher palm oil stocks, market sources said.

MARKET DEVELOPMENT  
  07-06-2011

Economists Cautiously Optimistic On Exports

07/06/2011 (The Star) - April's double digit growth in exports on a year-on-year basis, supported by growth in commodity exports, may be the beginning of a trend going forward.

MARKET DEVELOPMENT  
  07-06-2011

Positive Outlook For EPO Despite Year Loss

07/06/2011 (Share Cast) - Equatorial Palm Oil (EPO) has announced a US$4.4m loss before tax for the year to the end of 31 December 2010, which it said was in line with expectations.