Tags Posts tagged with "palm oil"

palm oil

Foreign direct investment into Malaysia increased 350% in past three quarters

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Malaysia’s foreign direct investments (FDI) volume increased to 49 billion ringgit ($11.72 billion) for the first nine months of this year compared with the...
Malaysia, Indonesia agree on joint production of new ASEAN car

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Indonesia and Malaysia have reached a deal to set up a joint venture to produce the first fully local-made vehicle for domestic use and...
Indonesia to trade palm oil and coffee for Russian fighter jets

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In good old COMECON style, Russia will accept payments from Indonesia for Russian-built fighter planes in commodities such as palm oil and coffee, reports...
The importance of producing MAMA noodles

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Since 45 years, MAMA noodles are part of the daily diet in Thailand, and the brand is widely regarded as the queen of instant...
Forest fires cost Indonesia $16 billion, contribute to climate change

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Forest fires in Indonesia last year cost the country at least $16 billion in economic losses, equivalent to 1.9 per cent of its GDP,...
Indonesia, Malaysia to create OPEC-like palm oil price cartel

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Indonesia and Malaysia. the world's top palm oil producing nations, will create a new joint palm oil body tasked with stabilising prices and managing...
Indonesia’s GDP to surge, surpassing Russia’s, Australia’s by 2023

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Southeast Asia’s most populous nation, Indonesia, is set to become a trillion-dollar economy as early as in two years, according to a forecast by...
Philippines targets 8 million hectares for palm oil production

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The Philippines is proposing to convert 8 million hectares (20 million acres) of 'idle, denuded and unproductive lands' for oil palm plantations, reports the...
Thailand’s economy set to tumble into the abyss

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Due to the months-long street protests in Thailand and the absence of a functioning government, Thailand's economy is increasingly deteriorating. The country is already losing...
Wilmar International forms sugar venture in Myanmar

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Wilmar International, the largest sugar cane miller in Australia, agreed to form a Myanmar venture with a local partner as it builds on a...
Indonesia: Biodiesel use lets palm oil exports stall

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A jump in palm oil consumption for biodiesel in Indonesia, the world’s biggest supplier, will probably mean that shipments fail to increase this year...
Malaysian ringgit in losing streak

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Malaysia's currency, the ringgit, is currently in its longest losing streak against the US dollar since 2005. The ringgit dropped to almost 3,30 a...
Indonesia world’s largest palm oil producer

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Growing demand for Indonesia's palm oil and its domination of the world market was an attracting topic in a conference held at the Indonesian...
Indonesia’s palm oil reserves poised to drop

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Palm oil inventories in Indonesia, the world’s largest supplier, probably declined in October to the lowest level in 16 months as rain disrupted production...
Malaysia’s total trade up 2.4% in first 9 months of 2013

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Malaysia's total trade for the January-September 2013 period increased 2.4  per cent to RM1 trillion ($317.5 billion) in the same period of 2012, said...
Malaysia develops global standard to boost palm oil exports

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Malaysia is creating a new global standard for its palm oil to ensure quality and address concerns of non-government organisations (NGOs) about the industry. Plantation...
Norway’s state fund blacklists 2 Malaysian companies

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Norway's sovereign wealth fund Government Pension Fund Global (GPFG), the world's largest ahead of Saudi Arabia's and Abu Dhabi's with assets of about $760...
Palm oil exports from Indonesia rise 11%

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Palm old shipments from Indonesia advanced in September 2013 for the first time in four months on reduced supplies of substitutes, boosting demand for...