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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
IOI, Dutaland in War of Words Over Termination of RM830mil Deal
28/10/2011 (The Star) - Dutaland Bhd and IOI Corp Bhd waged a war of words via Bursa Malaysia website regarding the termination of a proposed acquisition of a large piece of oil palm plantation land in Sabah that was to cost IOI Corp Bhd RM830mil.
Markets Up on EU Plan to Contain Euro Zone Crisis
28/10/2011 (The Edge Malaysia) - Asian markets rallied on Thursday, Oct 27 after euro zone leaders struck a deal to contain the euro crisis, with the key indices up between 1% and 1.7%.
Palm Oil Struggles For Sustainability
27/10/2011 (Financial Times) - Global efforts to put the $50bn palm oil industry on a sustainable footing are under threat because of lack of support from fast-food chains and other end-users, according to GreenPalm, a supporter of the initiative.
IOI Cancels RM830Mil Plan to Buy Sabah Land
27/10/2011 (The Star) - IOI Corp Bhd has terminated its proposed acquisition of 11,977.91ha of oil palm plantation land in Sabah from Dutaland Bhd for RM830mil.
Neste Oil Surprises Market With Better-Than-Expected Q3 Result
Activists protesting against use of palm oil stage protest outside Neste headquarters.
Hopes for Strong Earnings Figures Buoy Local Stocks
27/10/2011 (Jakarta Globe) - Indonesian stocks overcame a grim opening to end up in positive territory for the third straight day on Wednesday amid expectations of good news from earnings results and hopes of a breakthrough in Europe’s debt crisis.
Ukraine\'s Trade with Malaysia in 2012 May Reach Level of 2008
27/10/2011 (UkrAgroConsult) - The Malaysia External Trade Development Corporation (Matrade) has noted the growth in trade between Ukraine and Malaysia since 2010 and hopes to reach the 2008 figure of $352 million in 2012, which will exceed the figure for 2010 by 31.4%.
Trade Expo Books $464.5m, Exceeding Target of $380M
27/10/2011 (Jakarta Post) - Despite potentially negative impacts from the global economic downturn looming, Indonesia’s biggest international trade exhibition, Trade Expo Indonesia (TEI), has booked US$464.5 million in transactions, much higher than the initial target of $380 million.
Where Are The Angel Investors?
“ANGEL investors don’t come with a halo and wings, but they can seem heaven-sent to an entrepreneur struggling to find financing.†— Cathie Gandel.
