News
Palm Oil Rebounds on Bargain-Hunting
SINGAPORE: Malaysian palm oil futures rebounded on Tuesday on bargain-hunting a day after a radical Cyprus bailout proposal had prompted declines, although gains were capped as uncertainty remained ahead of a vote on the plan. Cyprus was set to reject a divisive tax on bank deposits in a vote on Tue...
Government To Continue To Improve Palm Oil Industry
KUALA LUMPUR, March 19 (Bernama) — The government remains committed to increasing and improving the country’s palm oil sector this year, the Performance Management and Delivery Unit (Pemandu) in the Prime Minister’s Department said in its 2012 Annual Report of the Economic Transfor...
Palm Oil Advances as Rebound in Exports Seen Paring Inventories
Palm oil gained on speculation that stockpiles in Malaysia, the world’s second-largest producer, may decline as exports increase, and as concerns receded over Europe’s debt crisis. The contract for delivery in June, with the largest volume, advanced as much as 1.7 percent to 2,426 ringgit ($778...
Tracking Wild Elephants to Identify Conservation Areas and Corridors
Dr Diana Ramirez and Marvin George from Widlife Rescue Unit collecting blood from Dara’s ear. KOTA KINABALU: The Wildlife Rescue Unit (WRU) from Sabah Wildlife Department darted two female elephants, one adult and one juvenile in Gunung Rara Forest Reserve. The two females were part of the herd...
CPO Futures Down on Weaker Sentiment
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed lower yesterday as market sentiment was dampened by the radical bailout proposal for Cyprus. A dealer said the exercise has resulted in widespread decline in commodity markets worldwide. April, May and July f...
LAHAD DATU: First Batch of Palm Oil Shipped Out
BUKIT MERTAJAM: The first batch of palm oil produced at Felda Sahabat in Lahad Datu was shipped out today under an escort by the Royal Malaysian Navy vessel since the armed incursion into Sabah east coast on Feb 9. Felda chairman Tan Sri Mohd Isa Abdul Samad said the palm oil, produced at its ...
