Berita Arkib

IOI Corporation may not fully benefit from the recent spike in crude palm oil (CPO) price in 1QFY21E due to the usual one-month forward sales typical of integrated players, Maybank Investment Bank Research says.

After almost a decade of “negotiating with blood, sweat and tears,” as Malaysia’s trade minister put it, the Regional Comprehensive Economic Partnership was signed this weekend at the conclusion of an Association of Southeast Asian Nations summit. Fifteen countries — all of ASEAN, alongside Japan, South Korea, Australia, New Zealand and China — will be part of this giant trading bloc. Sixteen countries were due to join, of course, until India withdrew from negotiations.

Japanese business leaders welcomed the signing of the world’s largest trade deal by Tokyo and 14 other Asia-Pacific partners on Sunday, expecting a boost in trade and investment in the region and strengthening of supply chains.

South Korea will hold the fourth round of negotiations with Chile this week on revising their bilateral free trade agreement (FTA) that went into effect in 2004, Seoul's trade ministry said Monday.

External Affairs Minister S Jaishankar sounded the alarm about Chinese expansionism a day before the 10-nation ASEAN signed a free trade pact with China and four other countries while India stayed away.

As Nigerians continue to grapple with the impact of coronavirus pandemic, the cost of foodstuffs and other commodities have continued to increase astronomically.

The Malaysian Palm Oil Board (MPOB) has welcomed the move to regularise undocumented migrant workers, saying it will help solve the sector’s persistent labour shortage

Malaysian palm oil futures fell for a second day on Friday, tracking losses in rival oils on the Chicago Board of Trade and the Dalian Commodity Exchange, with a weaker crude oil also weighing on prices.

India imported 518,370 tonnes of palm oil from Malaysia in October, almost 32% more than the previous month's volume.

Malaysia's plantation industry can start to employ undocumented migrant workers already in the country once the government moves to legalise their status from 16 November, according to home affairs minister Hamzah Zainudin.

[KUALA LUMPUR] FGV Holdings, the world's largest crude palm oil producer, said on Thursday it expects to achieve 100 per cent supply-chain traceability by the fourth quarter of 2021.

Indonesia’s exports of crude palm oil (CPO) and its derivatives rose three percent to 2.76 million tons in September this year from 2.68 million tons in August, the Indonesian Palm Oil Association (Gapki) reported.