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CPO prices to consolidate at RM4,000 to RM4,300
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Budget May Allocate More To Raise Pulses, Vegetables Output
14/02/2012 (Hindu Business Line) - In an effort to fight relentless inflation in food prices, the upcoming Budget may provide higher allocation for increasing production of pulses, palm oil and vegetables. There is also thinking to involve more cities in the vegetable cluster programme.
Najib To Launch Corridors Programme First Open Day In Sabah On Thursday
14/02/2012 (Bernama) - The people can see the results of the Corridors and Regional Cities Lab announced by Prime Minister Datuk Seri Najib Tun Razak on June 21 last year, on Thursday.
Suit Against Wilmar Struck Out
14/02/2012 (The Star) - Wilmar International, the plantation giant controlled by tycoon Robert Kuok, has managed to strike out a close to RM1bil defamation suit that had been initiated by Malaysian-based palm oil trading firm Pacific Inter-Link Sdn Bhd (PIL).
Edo Plans To Register Oil Palm Growers
14/02/2012 (BusinessDay) - In line with its policy to boost agricultural production especially in the oil palm production, Edo State Government has concluded plans to commence registration of oil palm growers in the state.
Weaker CPO Prices Seen
14/02/2012 (The Star) - Crude palm oil (CPO) prices are expected to be weaker in the second half of the year, according to research analysts.
Felda Global IPO on May 10
14/02/2012 (Business Times) - Malaysian plantation firm Felda Global Venture Holdings Bhd will launch its initial public offering on Malaysia’s stock exchange on May 10, state news agency Bernama cited a senior government official as saying today.
Palm Oil Producer BW Plantation to Buy Up Land With $88m Loan
13/02/2012 (Jakarta Globe) - Eyeing growth in the crude palm oil sector, BW Plantation, a listed company, has secured a Rp 800 billion ($88.8 million) loan facility to expand its subsidiaries and buy more plantation land.
‘Revise Pricing Formula For Oil Palm Fruit Bunches\'
13/02/2012 (Hindu Business Line) - The Union Government is taking all steps to promote oil palm cultivation in the country to meet edible oil scarcity and for import substitution, but unless farmers get a remunerative price for the fresh fruit bunches (FFB), the situation will not improve, said Dr Y. Sivaji, honorary president of the AP Tobacco Growers' Association and a former member of the Rajya Sabha. Dr Sivaji, who participated in pre-budget consultations with the Union Finance Minister, Mr Pranab Mukherjee, pleaded in a written note that the present price fixing formula for oil palm FFBs is “unscientific and wholly in favour of the oil palm processor rather than the farmer. Unless farmers get remunerative price for FFB, the objective of area expansion cannot be achieved.â€
Indonesia\'s Bumitama Revives $160 Million Singapore IPO
13/02/2012 (Business Recorder) - Indonesian palm oil firm Bumitama Gunajaya Agro is reviving its $160 million initial public offering in Singapore after shelving it in June, a signal that investors' appetite for IPOs could be returning.
