Berita Arkib

Share prices on Bursa Malaysia remained in the red in mid-afternoon trade, weighed down by continued selling of shares in Petronas Chemicals (PetChem) following its downgrade by Citi on Tuesday.

China is calling on its people to reduce their intake of edible oils, sugar and salt as part of a nationwide campaign to minimize health risks. The country is the world’s top consumer of soybean oil, processed from imported beans, and the biggest user of sugar after India.

Indonesia, the world's largest palm oil exporter, is ready with countermeasures if the European Union (EU) goes ahead with plans to restrict the use of palm oil in biofuels.

Orangutan populations in forest patches found in oil palm estates in the eastern Malaysian state of Sabah fell as much as 30 per cent in 15 years, but the overall population of the species in the area is stable, World Wide Fund for Nature (WWF) said.

Indonesian Palm Oil Businessmen Association (GAPKI) General Chairman Joko Supriyanto affirmed that the association, representing the palm oil industry players, fully supported the result of the Palm Oil Producing Countries' (CPOPC's) meeting.

Signals are mixed for palm oil, as it failed to break a resistance at RM1,984 per tonne.

Palm oil cultivation is booming in Peru, boosting the income of small farmers who supply Swiss food giant Nestlé with the product. But the crop is one of the main drivers of deforestation in this part of the country. Can farmers really “go green” amid so much demand?

The palm oil imports into the country witnessed negative growth of 9.66 percent during the first eleven months of the fiscal year (2018-19) as against the imports of same period of last year.

Deforestation and illegal agriculture still account for roughly 20 percent of all greenhouse gasses, leaving major producers of soy, beef and other commodities exposed to regulatory and reputational risk as the Paris Agreement comes into force.

Environmental activists will march on Malaysia’s parliament on Thursday to demand lawmakers strengthen the country’s decades-old forestry laws and amend the constitution to give greater protections to its dwindling rainforests.

Palm oil futures have been trading on Singapore’s Asia Pacific Exchange for just three months, but they’re already making their mark in a world long dominated by the benchmark contract in neighboring Malaysia.

Council of Palm Oil Producing Countries (CPOPC) said Indonesia and Malaysia will jointly seek justice at the World Trade Organisation (WTO) as the EU presses on to ban palm oil.