Berita Arkib

While the termination of the land lease agreement (LLA) with the Federal Land Development Authority (Felda) will significantly reduce FGV Holdings Bhd’s landbank moving forward, the development is however deemed financially positive to the group and could even pose new acquisition opportunities, analysts say.

South Korea and Mongolia will lower tariffs on some products starting next year, as Ulaanbaatar joined a regional trade pact known as the Asia-Pacific Trade Agreement (APTA), Seoul's finance ministry said Friday.

Bilateral trade between Pakistan and Sri Lanka which reached $460 million in 2018 had potential to cross $2.7 billion if governments on both sides improved the Pakistan-Sri Lanka Free Trade Agreement (PSFTA) and removed major impediments in tariff rationalisation, a SAARC study said.

PALM oil industry players must remain committed and stay firm on fostering sustainable development and promoting responsible growth for the industry, amidst efforts to mitigate the effects from the COVID-19 health crisis.

Malaysian palm oil futures eased on Wednesday, its second straight session of losses, on profit booking ahead of a public holiday after hitting a one-month high earlier this week

The total trading volume for FCPO reached a new historical all-time high of 12.0 million lots, surpassing the previous record of 11.91 million lots achieved in 2017.

A leading trade body has urged the Indian government not to reduce import taxes on edible oils as lower prices could hurt local farmers who are trying to boost production.

Palm oil industry players must remain committed and stay firm on fostering sustainable development and promoting responsible growth for the industry, amidst efforts to mitigate the effects from the Covid-19 health crisis.

The insertion of smallholders in the global supply chain can be accelerated by digitalisation that enhances sustainability, minimises certification costs and the role of the middleman.

Loose palm oil was being sold at Tk 90 per kg and soybean oil at Tk 100 per kg in the capital's Karwan Bazar kitchen market on Tuesday. Bottled oil retailed at Tk 105 per litre.

The jump was the highest since October 2018, when exports had risen 17.7%, and also beat analysts’ expectations of a 5.5% growth in a Reuters poll. In August, exports had fallen 2.9%

Deciding to source ingredients internationally should be considered from all angles. Bakers should start by mapping their current supply chain, said C. Mark Worthey, corporate director, procurement and supply chain, Lallemand, Inc.