Berita Arkib

Sabah's average fresh fruit bunch (FFB) yield per month in the first quarter of 2020 (Q1 2020) amounted to 1.17 tonnes per hectare (ha) per month compared with 1.6 tonnes per ha per month in Q1 2019, a decrease of 26.9 per cent, according to the Ministry of Plantation Industries and Commodities (MPIC).

India seems to be experiencing its own version of this, with some areas improving faster and stronger than others. Decreased importation costs have served as a tailwind to help India

Reports indicate that domestic demand has been poor to average with better consumer demand more than offset by much less demand from schools and other institutions. The USDA reports showed a little less yield and production and less export demand for long grain.

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange closed down 0.55% to 3,281 ringgit ($797.52) a tonne.

Revenue jumped 39.52% YoY to RM2.4 billion in the quarter as its plantation segment posted RM273.6 million profit in the quarter, up 116% YoY, on the back of higher CPO and palm kernel prices realised, and higher fresh fruit bunches production.

The Energy and Mineral Resources (ESDM) Ministry estimated that the utilization of B40 products, which is a mixed fuel of 30 percent biodiesel and 70 percent diesel fuel, would not be ready until the first half of next year.

While the remaining RCEP members went ahead and inked a deal on Sunday — a little over a year after Prime Minister Narendra Modi announced India was walking out of negotiations citing “significant outstanding issues”

India won’t re-join the China-dominated Regional Comprehensive Economic Partnership (RCEP) pact but will rather seek to expedite trade talks with large markets like the US and the EU, senior government officials told FE, a day after 15 nations clinched the biggest trade deal, while leaving the door open for New Delhi to re-enter.

Ministers from 21 Pacific Rim economies Monday pledged to cooperate to support economic recovery as the region reels from the impact of the novel coronavirus pandemic.

Indonesia's farm exports reached US$420 million in October, 2020, an increase of 1.26 percent compared to the previous month, according to the Central Statistics Agency (BPS).

In a filing with Bursa Malaysia today, the board of directors of FGV announced that the MoU expired on Nov 14, 2020 and it is not necessary to extend the MoU at this stage.

Indonesia is unlikely to proceed with plans to raise the bio-content of its palm oil-based biodiesel to 40% next year as it struggles to fund the programme, an energy ministry official told parliament on Monday.