” to inspire the sustainability of oil palm and other plantation crops for long term profitability and growth “

Current News

 
  • Palm oil tax an unhealthy move

    Palm oil tax an unhealthy move

    IN early May, senators in the French Parlia­ment discussed a proposed Bill on biodiversity, nature and landscapes – commonly known as the Biodiversity Bill.

    Although the text is lengthy, the Bill is still a clear demonstration of the common will of the French Parliament to put the debate on biodiversity on the right track. Like many others, I clearly support …

    Read more →

  • Four sectors allowed to hire foreign workers

    Four sectors allowed to hire foreign workers

    KUALA LUMPUR: The Cabinet is lifting the freeze on hiring foreign workers for four sectors, says Transport Minister Datuk Seri Liow Tiong Lai.

    The decision was made in light of appeals from the manufacturing, construction, plantation and furniture-making industries, which are facing a major shortage of workers.

    “In view of the acute shortage, we have to lift the suspension to …

    Read more →

  • Malaysian palm price falls to near 2-month low on declining export demand

    Malaysian palm price falls to near 2-month low on declining export demand

    KUALA LUMPUR: Malaysian palm oil futures fell to a near two-month low on Tuesday, as poor demand for palm oil shipments weighed down the market.

    The palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange fell 2.1 percent to 2,539 ringgit ($647) per tonne at the close of trade, marking the fourth consecutive session of declines. It …

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  • Indonesia to issue a moratorium on new palm oil concessions

    Indonesia to issue a moratorium on new palm oil concessions

    JAKARTA: Indonesia, the world’s top producer of palm oil, will issue a moratorium on new palm oil concessions, President Joko Widodo said on Thursday, part of the country’s efforts to reduce the sector’s impact on the environment.

    Home to the world’s third-largest area of tropical forests, Indonesia has been criticised by green activists and other Southeast Asian nations on its …

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  • MPOA appeals to Govt to lift foreign worker freeze

    MPOA appeals to Govt to lift foreign worker freeze

    KUALA LUMPUR: The Malaysian Palm Oil Association (MPOA) has appealed to the Government to lift the freeze on the recruitment of foreign workers to maximise productivity during the forthcoming peak crop and into the second half of the year.

    The association, on behalf of all growers including more than 300,000 small holders, said in a statement that it was thankful …

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  • Malaysian palm oil/Vegoils: Market factors to watchMonday April 4

    Malaysian palm oil/Vegoils: Market factors to watchMonday April 4

    KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday April 4.

    FUNDAMENTALS

    * Malaysian palm oil futures rose on Friday, charting a third session of gains this week and tracking competing vegetable oils.

    *  U.S. soybean and wheat futures rose on Friday as estimates of smaller-than-expected U.S. plantings spurred …

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  • Recruitment freeze won’t affect pact with Bangladesh

    Recruitment freeze won’t affect pact with Bangladesh

    PETALING JAYA: The decision to halt the recruitment of new foreign workers will not affect the validity of the agreement signed with Bangladesh.

    This is because the Memorandum of Understanding (MoU) was for a period of five years, said Human Resources Minister Datuk Seri Richard Riot.

    “The agreement will remain valid when the freeze is lifted. We have signed agreements …

    Read more →

 

RSS Palm Oil News

  • Palm oil tax an unhealthy move May 30, 2016
    IN early May, senators in the French Parlia­ment discussed a proposed Bill on biodiversity, nature and landscapes – commonly known as the Biodiversity Bill. Although the text is lengthy, the Bill is still a clear demonstration of the common will of the French Parliament to put the debate on biodiversity on the right track. Like […]
  • Malaysian palm oil/Vegoils: Market factors to watch Friday May 27 May 27, 2016
    Malaysian palm oil futures rose on Thursday to record a third session of gains this week, amid expectations of slow output growth and sustained Ramadan demand.
  • Malaysian palm oil price gains for 2nd straight session out pacing stronger ringgit May 26, 2016
    Malaysian palm oil futures rose for a second consecutive day, making their sharpest gains in three weeks and outpacing a stronger ringgit as they track improving rival oils in China. The ringgit, in which palm oil is traded, strengthened 0.5 percent to reach 4.1010 against the dollar in the evening, making palm more expensive for […]
  • CPO Price To Trade Between RM2,500 And RM2,700 In Next 3 Months - Sime Darby May 26, 2016
    Sime Darby Bhd is expecting crude palm oil (CPO) price to trade between RM2,500 and RM2,700 per tonne in the next three months due to slower growth in production, said its President and Group Chief Executive Tan Sri Mohd Bakke Salleh.
  • What do we really know about saturated fats? May 26, 2016
    A general argument often endorsed in the media suggests that intake of any saturated fat should be reduced due to potential links to high risks of coronary heart disease (CHD). In an interview with Global Oils & Fats Business Magazine, University of Cambridge, United Kingdom, Global Cardiovascular Health senior research associate Dr Rajiv Chowdhury discusses […]

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