Berita Arkib

An economist with the Institute for Development of Economics and Finance (Indef), Bhima Yudhistira Adhinegara, on Thursday said that Indonesian palm oil businesses should be wary of the possibility of Joe Biden winning the United States election as he said the Democrat candidate will focus on environmentally friendly-economy.

The National Association of Smallholders Malaysia (NASH) had urged the government to reintroduce the smallholder palm oil replanting assistance scheme in the budget tomorrow.

The Ministry of Plantation Industries and Commodities (MPIC) is ready to accept any technological innovation, including blockchain technology, as long as it meets the traceability requirements of the country’s palm oil industry.

The Ghana Export Promotion Authority (GEPA) and the Ministry of Trade and Industry have projected that the country would realize a total amount of US$134 million from oil palm export in the next 10 years, to reverse the current deficit in the product’s export

World food prices rose for a fifth month running in October, fully recovering from the shock caused by the global coronavirus pandemic and with gains seen in most sectors, the United Nations food agency said on Thursday.

The US ban on palm oil products from FGV Holdings Berhad (FGV) is unlikely to have a deep or lasting impact on the sector in Malaysia for now, Datuk Khairuddin Aman Razali told Parliament today.

Plantation Industries and Commodities Minister Khairuddin Aman Razali has lauded the high price set in the daily Malaysia price for crude palm oil (CPO) as listed by the Malaysian Palm Oil Board (MPOB).

The European Union (EU) has lauded Pakistan’s progress towards meaningful implementation of the Financial Action Task Force (FATF)’s Action Plan and also encouraged Islamabad to complete the Action Plan, as the EU also expressed a strong political commitment towards the GSP+ preferential trade regime.

China's accumulated imports of goods will exceed US$22 trillion (S$30 trillion) over the next decade, and the country is accelerating its opening up despite the global coronavirus pandemic, Chinese President Xi Jinping said yesterday.

Malaysian palm futures hit a near 10-month high on Wednesday, riding on expectations of a drop in October stockpiles and lower output, although volatile global trading ahead of the US election results limited gains.

Chicago corn, wheat and soybean futures were little changed on Wednesday as a tight U.S. presidential election encouraged grain markets to consolidate after recent price swings

Malaysia’s palm oil stocks are likely to have fallen 8% month-on-month (m-o-m) to 1.59 million tonnes at end-October, the lowest for the month since 2016, due to lower output, coupled with higher exports, said CGS-CIMB.