Berita Arkib

Human Resources Minister M Saravanan announced a freeze in the new intake of foreign labour, which would be in effect until year-end. The reasoning behind this was to reduce the number of foreign workers as well as prioritise locals for jobs

India is distancing itself from the value chain of the East Asian Economy, and it always wants to pay in little but want too much out of joining international organizations such as the Regional Comprehensive Economic Partnership (RCEP), a Chinese expert said

Palm tree is one of the richest trees on earth when it comes to natural endowment. No part of palm tree is wasted, every part of it can be converted into monetary gain

The government is currently drafting the implementing regulations for the Indonesia Sustainable Palm Oil (ISPO) scheme, which should have been issued in mid-April but have been delayed because of the Covid-19 pandemic

US pending home sales grew 16.6 per cent in June compared with 44.3 per cent growth in the previous month. GDP for the second quarter (2Q) fell 32.9 per cent on an annualised rate.

It has been a year and a half since Datuk Haris Fadzilah Hassan took the helm at ailing plantation giant FGV Holdings Bhd. The ride thus far has had its fair share of challenges, which include disputes with major shareholder Federal Land Development Authority (FELDA), high operating costs and the need to diversify the group's earnings base.

Indonesia's plans to raise the bio-content of its palm oil-based biodiesel to 40% - known as B40 - is back on schedule with a target for implementation by July 2021, Coordinating Minister for Economic Affairs Airlangga Hartarto has announced.

Recently, Soybean Processors Association of India (SOPA) sought a quantitative quota and higher import duty for crude soybean and sunflower oils citing "unbridled and burgeoning" imports of edible oils in India - hurting interests of the farmers and processors.

Malaysia’s crude palm oil (CPO) production staged an impressive recovery of 35 per cent in the second quarter of the year (2Q20), led by Peninsular Malaysia and Sabah

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade range-bound next week at between RM2,650 and RM2,750 per tonne, said a dealer.

Overall oil consumption is likely to contract by 8.7% this year, a record decrease, to 144 million litres per day (MLD) on average, from 157 MLD last year, because of the Covid-19 impact, says the Department of Energy Business (DOEB).

THE palm oil industry needs to step up its game to solve the transboundary haze problem that mainly affects three South-East Asian countries — Malaysia, Indonesia and Singapore.