Berita Arkib

Monday January 3, 10:13 AM KUALA LUMPUR (Dow Jones)--Palm oil prices arelikely to weaken in early 2005, during South America's soybean harvest,but strong demand should offer the market some support, albeit at lowerlevels, for the rest of the year, a top official at a major refinery said.

Monday January 3, 2005 - KUMPULAN Emas Bhd (KEB) hopes to return toprofitability by 2006 by venturing into new core businesses and expandingits palm oil operations in India and Solomon Islands, chief executiveofficer Kee Lian Yong said.

12/27/2004 KUALA LUMPUR -- TH Group Bhd today announced that itssubsidiary, iTECH Worldwide Sdn Bhd, an MSC status company, has secured aproject worth RM380,000 with Unilever Ghana for the supply andimplementation of eFLEX solution, a suite of Malaysian developedmanagement software for plantation & palm oil mill.

12/28/2004 BUSINESS TIMES (MALAYSIA) - SARAWAK Oil Palms Bhd (SOP) hasformed a joint-venture company with Sarawak Economic Develop ment Corp(SEDC).

12/31/2004 BERNAMA KUALA LUMPUR -- By the year 2010, Tradewinds (M) Bhd'score business is likely to be oil palm cultivation, followed by sugarrefinery, following the company's decision to shift from its non-coreactivities like property investment and development.

12/31/2004 BUSINESS TIMES (MALAYSIA) - SURIA Capital Holdings Bhd, whichacquired seven ports in Sabah from the state government in September, isbuying RM70 million worth of new handling equipment to beef up its portfacilities.

[Business India]: Mumbai, Jan 4 - Prices of edible oils declined sharplyon the oils and oilseeds market here today due to poor offtake in the faceof fresh arrival.

12/28/2004 BUSINESS TIMES - A NEW ruling on the labelling of foodproducts, scheduled to take effect on January 1 2006, may have promptedstrong purchases of Malaysian palm oil by the US in recent months.

23/12/04 (Dow Jones)--Concerns rising CPO stocks in Indonesia may triggerheavy exports by producers there to Malaysia appear overdone, says traderin Singapore. Adds current Indonesian CPO export prices at $370/ton; afteradding freight charges, more expensive for Malaysian refiners to importraw material from Indonesia than to buy locally; therefore, no immediatelikelihood of influx of Indonesian CPO into Malaysia.

(Dow Jones)--Despite lower-than-usual rainfall, analysts still expectingBrazil's center-west to produce 30 million-32 million tons of soybeans incurrent season (up from 24.6 million last year); that suggests Brazil'spotential record crop this season still on track, which ultimately pointto bearish year ahead for edible oil prices.

23/12/04 (Dow Jones)--China domestic RBD palm olein market likely to stayunder pressure for awhile as stocks still rising, says Shanghai Pansun.Stocks at major ports swelled to around 230,000 tons this week amid weakdemand due to cold weather. Olein prices in China quoted aroundCNY4,450-CNY4,500 in most ports. Continued increase in stocks likely tokeep domestic prices under pressure, which in turn would limit Chineseimporters' fresh purchases from Malaysia, Indonesia, traders say.

Friday December 24, 2004 - TRADE unions are the ones which object the mostto any relocation of industries or businesses to another country as thiswould mean job losses for the locals.