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MARKET DEVELOPMENT
18-06-2013

Groundnut Oil Drops Below Rs 1,000/10 Kg

18/06/2013 (Hindu Business Line) - Sentiment in edible oils ruled slightly firm on Monday taking cues from higher Malaysian palm oil futures. Palmolein rose by Re 1. The progress of monsoon across the country is giving a fillip to sowing of kharif crops, including oilseeds, capping price rise.

MARKET DEVELOPMENT
18-06-2013

Jakarta Points Finger At Singaporean Palm Oil Ventures for Causing Smog

18/06/2013 (Hong Kong Standard) - Smog from forest fires in Indonesia stayed at unhealthy levels in Singapore today as the two neighbors blamed each other for the seasonal problem.

MARKET DEVELOPMENT
18-06-2013

Palm Exports From Indonesia Rising First Time Since January

18/06/2013 (Bloomberg) - Palm oil shipments from Indonesia, the worldâ€™s biggest producer, probably advanced for the first time in four months in May on increasing demand for the Muslim fasting month of Ramadan. Prices climbed to a three-month high.

MARKET DEVELOPMENT
18-06-2013

Palm Oil Advances a Third Day as Exports Climb on Ramadan Demand

18/06/2013 (Bloomberg) - Palm oil jumped to the highest level in almost three months on speculation that exports from Indonesia and Malaysia, the top producers, may increase ahead of the Muslim fasting month of Ramadan.

MARKET DEVELOPMENT
18-06-2013

Malaysia Seeks To Explore Business Opportunities

18/06/2013 (The Express Tribune) - Malaysian companies were seriously looking to explore business and investment opportunities in Pakistan, said High Commissioner of Pakistan to Malaysia Shahid Masroor Gul Kiani, while commenting on the announcement of the Malaysian government to send a 30-strong delegation to participate in Expo Pakistan to be held later this year.

MARKET DEVELOPMENT
18-06-2013

Europe is Standing in Africa\'s Way on Agricultural Expansion

18/06/2013 (PublicServiceEurope.com) - Africa is widely recognised as the next frontier in agriculture expansion, offering the greatest opportunity for development and replete with underserved markets. More than 60 per cent of the world's unutilised land for agriculture is found on the continent. And the United Nation Children's Fund estimates that malnutrition among Africa's youth costs national economies some $25bn per year in lost productivity and healthcare costs. Not only are communities not producing enough food but they are also not earning enough money to fully engage in international markets.

MARKET DEVELOPMENT
18-06-2013

30 Malaysian Companies To Attend Expo Pakistan 2013

18/06/2013 (Pakistan Today) - Pakistan High Commissioner to Malaysia Shahid Masroor Gul Kiani said Malaysian companies are seriously looking to explore business and investment opportunities in Pakistan. â€œWe have spent the last few weeks holding a series of talks with Malaysian trade officials and captains of various industries and the response to our offer to visit Pakistan and explore possibilities of joint ventures and business collaborations has been extremely positive,â€ he said while commenting on the announcement by the Malaysian government to send a strong delegation of 30 Malaysian companies to participate in Expo Pakistan 2013 to be held later this year.

MARKET DEVELOPMENT
18-06-2013

SDC\'s Performance Encouraging, Says Juhar

18/06/2013 (Bernama) - The performance of the Sabah Development Corridor (SDC), now in its second phase (2011-2015), has been encouraging, with 11 high-impact projects with an approved state government investment of RM1.7 billion being implemented, says head of state Tun Juhar Mahiruddin.

MARKET DEVELOPMENT
17-06-2013

Felda Taps $2 Billion Cash Pile to Expand Abroad: Southeast Asia

17/06/2013 (Bloomberg) - Felda Global Ventures Holdings Bhd. (FGV), the worldâ€™s third-largest manager of palm oil plantations, plans to tap its 6.2 billion ringgit ($2 billion) cash pile to expand abroad as Malaysia runs short of available land.

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